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Multi-Family

48 Orlando Drive Raritan

48 Orlando Dr, Raritan, NJ 08869

Listing Price: $4,550,000

Lot Size
2.21 acres
Price/Acre
$2,058,815
Land Type
Land

Investment Overview

Marcus & Millichap has been hired exclusively to market the sale of the Raritan 70-Unit Multifamily Development Site in Raritan, New Jersey.

Investment Highlights

  • The conceptual site and zoning approvals for 70 multifamily units (10% COAH) within 96,446 square feet that is spread out over four floors.
  • Only three blocks f rom the Raritan Train station which provides direct access to New York Penn Station with stops along the way.
  • Major roadway hub providing direct access to Route 22, Route 28, Route 202, and Route 287 within just two miles f rom the site.
  • An educated workforce consisting of 69.5% of the population with some college education with a five-mile population of 117,794 making an average household income of $152,016.

Exclusively Listed By

Multi-Family

48 Orlando Drive Raritan

Listing Price: $4,550,000

Lot Size
2.21 acres
Price/Acre
$2,058,815
Land Type
Land

Investment Highlights

  • The conceptual site and zoning approvals for 70 multifamily units (10% COAH) within 96,446 square feet that is spread out over four floors.
  • Only three blocks f rom the Raritan Train station which provides direct access to New York Penn Station with stops along the way.
  • Major roadway hub providing direct access to Route 22, Route 28, Route 202, and Route 287 within just two miles f rom the site.
  • An educated workforce consisting of 69.5% of the population with some college education with a five-mile population of 117,794 making an average household income of $152,016.

Investment Overview

Marcus & Millichap has been hired exclusively to market the sale of the Raritan 70-Unit Multifamily Development Site in Raritan, New Jersey.

Exclusively Listed By

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