Skip to main content

Multi-Family

Seventy-Seven on Hamilton

850 Hamilton St, Franklin Township, NJ 08873

Listing Price: $5,250,000

Lot Size
2.03 acres
Price/Acre
$2,586,815
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to exclusively offer Seventy-Seven on Hamilton, a 77-unit, fully approved project in the dense town of Franklin Township, Somerset County, New Jersey. The opportunity provides an investor the immediate opportunity to develop a diverse bedroom type, mixed-use, project. Seventy-Seven on Hamilton is situated on 77,500 square feet of land that offers the right developer the opportunity to develop 77 market rate units with ground floor retail space. The dedicated off-street parking, convenient ground floor retail amenities and local attractions provide a market that supports quick lease-up after construction is completed. Strategically located close to elementary, middle and high schools, national retailers, major transportation corridors and only two miles from the New Brunswick Train Station which provides direct access to New York Penn Station. The location allows an investor to capitalize on the strong demographics of 247,005 people in a five-mile radius with an annual household income of $114,703.

Investment Highlights

  • Fully Approved and Shovel Ready
  • 77 Market-Rate Multi-Family Units with Ground Floor Commercial Space and Off-Street Parking
  • Surrounded by Multiple Schools, Multiple Parks and National Retailers
  • Strategically Located within Minutes to Jersey Avenue Trian Station, Route 1, 18, 27, 287 and Interstate 95

Exclusively Listed By

Listing Price: $5,250,000

Lot Size
2.03 acres
Price/Acre
$2,586,815
Land Type
Land

Investment Highlights

  • Fully Approved and Shovel Ready
  • 77 Market-Rate Multi-Family Units with Ground Floor Commercial Space and Off-Street Parking
  • Surrounded by Multiple Schools, Multiple Parks and National Retailers
  • Strategically Located within Minutes to Jersey Avenue Trian Station, Route 1, 18, 27, 287 and Interstate 95

Investment Overview

Marcus & Millichap is pleased to exclusively offer Seventy-Seven on Hamilton, a 77-unit, fully approved project in the dense town of Franklin Township, Somerset County, New Jersey. The opportunity provides an investor the immediate opportunity to develop a diverse bedroom type, mixed-use, project. Seventy-Seven on Hamilton is situated on 77,500 square feet of land that offers the right developer the opportunity to develop 77 market rate units with ground floor retail space. The dedicated off-street parking, convenient ground floor retail amenities and local attractions provide a market that supports quick lease-up after construction is completed. Strategically located close to elementary, middle and high schools, national retailers, major transportation corridors and only two miles from the New Brunswick Train Station which provides direct access to New York Penn Station. The location allows an investor to capitalize on the strong demographics of 247,005 people in a five-mile radius with an annual household income of $114,703.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower