This 3-bedroom, 1.5-bathroom residential property located at 704 Franklin Tpke in Allendale, NJ, presents an investor and redevelopment opportunity. Situated on a 0.39-acre lot, the home offers potential for those looking to undertake significant renovations or explore redevelopment possibilities. The existing structure provides a foundation for a complete transformation, appealing to buyers with a vision for creating value.
The property is being offered strictly AS-IS, with the seller making no representations regarding the feasibility of renovation, expansion, subdivision, new construction, zoning, or intended use. Prospective buyers are responsible for conducting their own due diligence with the municipality and appropriate professionals to assess all potential uses and development options. This approach is suited for experienced buyers, contractors, or investors prepared to manage the full scope of a project.
The home features a country kitchen and a full, unfinished, walkout basement. Interior features include a gas range/oven, refrigerator, and carbon monoxide detector. Heating is provided by a 1-unit baseboard hot water system, fueled by natural gas, while cooling is managed by window air conditioning units. The property has public water and sewer utilities.
Exterior features include stone and stucco siding with an asphalt shingle roof. Parking is available with a detached garage offering 3 spaces, complemented by off-street parking on a blacktop driveway. The property was built in 1932, with the provided public facts indicating a total finished square footage of 1,212 sq. ft. The lot size is approximately 0.39 acres.
This offering is designed for a buyer ready to invest in a property with substantial upside potential. The combination of the existing structure and the generous lot size may allow for multiple avenues of development or renovation. Buyers are encouraged to bring their plans and contractors to explore the possibilities this Allendale property holds.
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