$445,000
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.
4053709
MLS
120 Pleasant Run Rd, Readington Twp.
