13 Mine St - 13-15 Mine Street 0.28 Acres of Residential Land Offered at $3,576,700 CAD in New Brunswick, NJ 08901
INVESTMENT HIGHLIGHTS
- 300 Feet to Rutger's Campus
- 0.5 Miles to The Hub & RWJ
- 0.4 Miles to New Brunswick Train Station
- 0.6 Miles to Johnson & Johnson World Headquarters
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,576,700 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.28 AC |
1 LOT AVAILABLE
Lot
| Price | $3,576,700 CAD |
| Price Per AC | $12,773,928.90 CAD |
| Lot Size | 0.28 AC |
Prime Multi-Family Development Opportunity - 0.281 Acres, Preliminary site plan for 15,875 sf 3-Story, 30-Unit studio apartment building including 5,140 sf parking area with 10 spaces under building.
DESCRIPTION
Nestled in the heart of New Brunswick, NJ, this property on Mine Street offers an unparalleled opportunity for mullti-family development. Just steps away from Rutgers University and the upcoming 'The Hub,' Mine Street’s central location is perfect for those looking to invest in a vibrant and growing community. This property includes two lots totaling 0.281 acres, with zoning that offers significant potential for multi-family development. Block 71, Lot 1.01 (0.161 acres) is currently zoned IN-1 Institutional District, and Block 71, Lot 3 (0.12 acres) is zoned R-5A. These classifications provide opportunities for both educational and residential projects, making it an ideal site for innovative multi-family development.
ZONING
| Zoning Code | IN-1, R-5A (IN-1 - Educational Institutional, R-5A, Single-family and two-family residential) |
