513 Hamilton St
Somerset, NJ 08873

MULTI-FAMILY/ RETAIL DEVELOPMENT SITE FOR SALE: The Property presents an opportunity to purchase a development site on Hamilton Street on the border of New Brunswick and is located in the desirable Hamilton Business District (HBD Zone). The site is minutes from downtown and is walking distance to Rutgers University, RWJUH, St. Peters Hospital, and the NE Corridor Train Station to NYC. The HBD Zone permits Mixed-Use developments with Ground Floor Retail and 2+ Stories of Apartments. There are numerous Mixed Use developments completed along Hamilton Street, and the proximity to New Brunswick and existing demand make this an ideal and desirable development opportunity. The Property Is Listed for $2,250,000 and includes the following Lots: • 513/525 Hamilton Street: ±.287 Acres w/ 180’ of Frontage • 124 & 134 Jefferson Street (Residential Homes Totaling ±.23 Acres) • ±.64 Acres in Total Included • Included Properties are Depicted on the Marketing Photo in Yellow Additional Properties which can be Assembled: • 13 Highland Ave: ±.23 Acres asking $600,000 (outlined in yellow w/ dotted line) • 130 & 136 Jefferson Street: ±.287 Acres w/ price TBD (outlined in grey) The total of all of the potential assembled lots is ±1.16 Acres. The HBD Zone/ Town will most likely require ground floor Retail with a range of 1-2 Bedroom Apartments over 2+ Floors above. Buyer to determine the quantity of units which will be approved. Please contact Listing Broker for More Information.