50 Drakestown Rd - Commercial LAND FOR SALE


Hackettstown, NJ 07840 1,528,520 SF
$2,900,000 USD
908-310-3356
50 Drakestown Rd, Hackettstown, NJ for Sale
$2,900,000 USD
Commercial LAND - FOR SALE
1/12
1,528,520 SF

50 Drakestown Rd
Hackettstown, NJ 07840


OVERVIEW

Unique commercially zoned property. 35.09 acres of improved land with an extensive array of existing structures and amenities. Due to Highlands regulations, further subdivision or redevelopment is restricted, making this ideal for a buyer seeking to rehabilitate, restore, or continue use of the existing improvements. At the heart of the property is a Victorian era residence showcasing historic craftsmanship. Home features fireplaces, hardwood flooring, stonework, current permit for 10 furnished rooms in main house. An efficiency apartment in main residence The expansive grounds include several multifamily residential buildings with rental potential, approx 24 one room cabins, and rec hall. The property features sheds, workshops & utility buildings, Additional amenities include designated trailer and RV sites with existing infrastructure, 6 established campsite pads with fire pits. Electric service throughout the grounds supporting a variety of recreational and operational uses including an inground pool with picnic area, hot tub, sun deck, volleyball & shuffleboard courts. The expansive layout and existing features provide flexibility for a variety of permitted uses, The property does require rehabilitation and is best suited for a buyer with vision who understands the value of improving and maintaining existing structures within the Highlands framework. A rare opportunity to acquire a large, improved tract with historic character.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/ACRE

$82,645/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Hospitality

LAND ACRES

35.09 AC

LAND SF

1,528,520 SF

OFFSITE IMPROVEMENTS

-

ZONING

One Family

APN/PARCEL ID

27-08300-0000-00016

ASK ABOUT THIS PROPERTY

Jessica CraigColdwell Banker Residential BrokerageMore Info
908-310-3356

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Jessica CraigColdwell Banker Residential BrokerageMore Info
908-310-3356

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.