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±43,247 SF Multi-Family Redevelopment Opportunity - Availability Details

520-532 North Avenue, Dunellen, NJ 08812

  • For Sale $2,250,000
  • Property Type Multi-Family
  • Property Size 43,247 Sqft
  • Date Updated Aug 10, 2021
Approx. 0.5 miles to Dunellen train station (9-minute walk) Approx. 23.8 Miles to Newark Liberty International Airport Approx. 31.1 Miles to Holland Tunnel
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Location

  • City Dunellen, NJ
  • Neighborhood Dunellen
  • Zip Code 08812
  • Market New Jersey

Contacts

broker

Justyna Kuczaj

The Blau & Berg Company

(973) 379-6644

Highlights

  • ±43,247 sf, 3-story apartment complex
  • 40 units total (28 one-bedroom, 8 two-bedroom and 4 three-bedroom units)
  • Shovel ready site with fully approved plans on 0.63-acre lot
  • Parking on-grade under the structure - 60 covered spots
  • 30-year PILOT tax abatement with years 1-11 at 10%; years 12-15 at 12% and years 16-30 at 15%
  • Block 34, Lots 31-34

Contact Listing Broker

broker

Justyna Kuczaj

The Blau & Berg Company

(973) 379-6644

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