0 Rt 173, Bloomsbury Boro NJ 08804

Property City
Bloomsbury Boro
Property Media
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Property Price
$1,750,000
Tax Annual Amount
$1473
TaxYear (*text)
2024
Lot Size Area
71.24
MLS Status
Active
MLS #
4010501

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.

Yearly Tax Rate
3.541
Days On Market
0
Lot Size Dimensions
71.24 AC.
Property Location

40.662361239739, -75.069567959727

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762