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$1,750,000
Est. payment /mo
71.24 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4010501
HOA Y/N No
Annual Tax Amount $1,473
Tax Year 2024
Lot Size 71.240 Acres
Property Description
Offered is approximately 71 acres along Route 173 in Bloomsbury Borough, located within the Planned Unit Development (PUD) District and subject to New Jersey Highlands Preservation Area regulations. The PUD zoning is designed to support large-scale, master-planned development, permitting a mix of single-family, townhome, multifamily, limited office, recreational, and open-space uses, subject to Planning Board approval. The ordinance allows for flexibility in site design, density allocation, and layout, with gross residential density permitted up to 7.2 dwelling units per acre, depending on development area and configuration. Lower-income housing is required in accordance with Mount Laurel obligations and may be accommodated within the multifamily component.The property's location within the Highlands Preservation Area necessitates compliance with applicable environmental standards and approvals, making this opportunity best suited for an experienced developer prepared to navigate state and municipal review processes. With direct Route 173 and I 78 frontage, significant acreage, and an established PUD framework, this site presents a rare opportunity for a thoughtfully planned, long-term development vision in western Hunterdon County. Independent due diligence is encouraged with respect to Highlands constraints, infrastructure availability, permitted yield, and affordable housing requirements.
Location
State NJ
County Hunterdon
Zoning PUD
Interior
Inclusions No Building
Building
Lot Description Lake/Water View, Possible Subdivision, Waterfront
Sewer See Remarks
Water See Remarks
Schools
Elementary Schools Bloomsbury
Middle Schools Bloomsbury
High Schools Philipsbrg
Others
Senior Community No
Miscellaneous Farm Assessed, Roll Back Tax - Buyer to Pay, If Any
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Listed by KL SOTHEBY'S INT'L. REALTY
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