$5,000,000

475 Terrill Rd #0

Scotch Plains Twp. NJ, 07062

Description

Outstanding commercial or high density residential opportunity. 1.66 acres with 290' fronting on Terrill Road and 250' fronting on Second St. There is an existing building on the property that operated as the Jade Isle Restaurant. The business is closed and the property is being sold for it's "land value" only. The buyer would be responsible to renovate or remove the building. The owner makes no representations about the condition of the buildings on the property. Access to the building is by appointment only. Rarely does a development opportunity in the B-2 Zone in Scotch Plains come along with a 1.66 acre property.

Details

MLS#3562256
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site141

Features

Story(s)0
ZoningB-2

Additional Information

Annual Tax Amount59436
Assesed Tax Valuation543200
Tax ID10.942
Tax Rate2018

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Area Information

StateNJ
CountyUnion
CityScotch Plains Twp.
Zip Code07062
AreaUnion
Listing VS Median (in 07062)
Price:
$5,000,000
low | high
Med:
$302,450
100% of Average
On Site:
141
low | high
Med:
101.5
100% of Average
Listing Updated: 10/21/2019
MLS Number: 3562256
Listing Provided By:
SCARPA ANTHONY  of  RE MAX PREMIER