We are pleased to present you this rare opportunity to purchase a development opportunity on 85 acres of land. One block to the Lebanon Train Station along the Raritan Line and shared Norfolk Southern Line. The property occupies both Lebanon and Clinton Township. Discussions with each government have indicated they will rewrite their master plans for the project.
We are pleased to present this development opportunity for sale. The property consists of 5,237 sq ft of level and paved lot, environmentally clear for a residential project. The Owner will deliver site plan approval for a 12 unit apartment building, with a footprint of 55% (2,884 Sq ft) in a 4 story dwelling, the buildings total sq ft will be 10,824 SQ FT, consisting of all (1) BR units ranging from 558 to 812 sq ft. The property is located within the Springfield Redevelopment plan. 1/2 Block from West Side Park and public transportation, 2 miles to NJIT, 2.2 miles to Downtown Newark and 3 miles to Seton Hall University.
The property is .69 acres of pavement, 8' chain link fence, security cameras and a electronic access gate.