Lifestyle & Convenience | 47 Unit Approved | Residential Development Site | Scotch Plains, NJ

Highlights:

• Total Units: 47 (25 market-rate townhouse units, 13 market rate apartments and 9 affordable units)
• Unit Types: 3-story townhouses with (1) car garages + Stacked Flat Units
• Site Area: 2.59 acres

Description:

Presenting a prime development opportunity in Scotch Plains, New Jersey: an approved 47-unit residential project on 2.59 acres, featuring 25 market-rate townhouse units, 13 market rate apartments and 9 affordable units.
Design & Compliance: The development includes (38) townhomes and 9 coach stacked flat apartments designated as affordable units. This allocation aligns with Scotch Plains' affordable housing obligations under the Mount Laurel doctrine.
Zoning & Approvals: The project received unanimous approval from the Scotch Plains Planning Board, with zoning ordinance changes adopted to facilitate affordable housing development.
Location Highlights: Situated across from the northern end of Scotch Hills Country Club and adjacent to the Heather Glen development, the property offers proximity to recreational amenities and established neighborhoods.

Discover the prime development potential of the vibrant Scotch Plains, NJ area. Situated within the Northern NJ market, the location offers a dynamic mix of commercial opportunities and enticing local attractions. Nearby, developers and investors will find corporate offices, renowned retail centers, and top-tier dining establishments, providing access to a thriving business community. Additionally, the area boasts convenient proximity to major transportation routes and essential amenities, ensuring seamless connectivity for future tenants. With its strategic positioning and access to a range of sought-after conveniences, the Scotch Plains area presents an enviable investment prospect for office building investors seeking to capitalize on the region's prosperous economic landscape.

Property sits flat on the site and goes deep in the rear.

Power onsite

Storm sewer

Public

Overhead Telephone & Electric

Natural Gas

None Known.