198 Hwy202/31, Raritan Twp. NJ 08822

Property City
Raritan Twp.
Property Price
$2,700,000
Year Built
9999
Tax Annual Amount
$21620
TaxYear (*text)
2024
Roof (*text)
See Remarks
Lot Size Area
12.31
MLS Status
Active
MLS #
4007999

This site is in the heart of Flemington?s auto-dealership corridor and sits within the B-2 zone, which offers some of the broadest and most advantageous permitted uses in the municipality. Principal, permitted, and conditional uses span a wide range, including retail, commercial greenhouses, mini-warehouses, public and private parking facilities, gasoline filling stations and repair uses, and shopping centers.The property is currently undergoing limited remediation and will be delivered with a NJDEP No Further Action (NFA) determination, along with a 10-year, $5,000,000 environmental insurance policy from Lloyd?s of London for buyer protection. Cleanup costs have continued to decrease as remediation progresses.Upon closing, the buyer will have full use of the property, subject only to obtain standard building permits. This is one of the last remaining multiacre development opportunities in all of Hunterdon County, making it a rare and highly strategic acquisition.

Yearly Tax Rate
2.897
Year Built (*numeric)
9999
Basement
No
Roofing (*text)
See Remarks
Days On Market
29
Basement (*text)
No
Cooling (*text)
See Remarks
Heating
See Remarks
Lot Size Dimensions
12.3100
Property Location

40.4850491622, -74.86266374588

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Units: Miles
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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762