Rare opportunity to create your dream home on a property with historic significance in desirable Readington Township. Located within the Township's Pleasant Run Historic Corridor, the existing historic residence was substantially damaged by fire and is offered in its current condition, providing an opportunity for a buyer to explore redevelopment of the site. A separate 1-bedroom, 1-bath cottage, unaffected by the fire, remains on the property and has been used as a revenue-producing rental, offering potential income for a new owner. Due to the property's historic designation, any demolition and/or new construction are subject to the Township's Historic Preservation review. A demolition documentation application must first be submitted, after which the existing structure will be documented and evaluated. Any replacement residence must complement the historic character of the corridor, with consideration given to architectural style, scale, proportions, height, windows, roof design and materials. Construction plans must receive Historic Preservation approval before proceeding to the Township Construction Office. Prospective buyers are encouraged to attend a monthly Historic Preservation meeting to learn about the process, discuss the property & obtain guidance regarding potential redevelopment. Buyers should conduct their own due diligence regarding zoning, approvals, permits & redevelopment feasibility. For safety reasons, absolutely no entry into the structure is permitted.
Based on the average sale price from the Elizabeth, NJ office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
120 Pleasant Run Rd Readington Twp., NJ is a Single Family Home for sale at $445000 and a lot size of 4 Acres Acre(s). 120 Pleasant Run Rd Readington Twp. has 1 bedrooms, 1 baths and was built in 1789. The property's zip code is 08822 which is in Readington Twp., NJ
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.