ADDRESS
62 E Park Place
Morristown, NJ 07960
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Prime Opportunity in South Brunswick! This 8.68-acre parcel, zoned RR-2 (2-acre minimum), offers the potential for a boutique subdivision. While not currently subdivided or pre-approved, township guidance indicates three single-family homes are permitted by right under current zoning. A fourth lot may be possible through the formal planning board subdivision process; no variance is required unless seeking to exceed zoning limits. Public water and natural gas are available in the street; septic systems required. The property is currently farm-assessed for tax purposes, which does not impact zoning or building rights. Buyers may reapply to maintain farm assessment or convert to residential use (rollback taxes estimated at $18,000-$20,000 if discontinued).Note: The mailing address may appear as North Brunswick due to the ZIP code; however, the property is physically located in South Brunswick Township. The location offers excellent connectivity minutes from the NJ Turnpike, Route 130, and Route 1 with close access to Princeton, Rutgers University, Davidson's Mill Pond Park, and major corporate corridors. Newark Liberty and Trenton-Mercer airports are within commuting distance. Adjoining acreage is available for purchase separately, offering the possibility of assembling a larger enclave-style development. Parcels of this scale are increasingly rare in Middlesex County schedule your showing today. Please see the drone video tour.
5 days ago | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen on site |
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