Two properties: 3405 and 3401 Hewitt Ave
Tax ID: 00952344 and 00952355.
The lands are sandwiched between the Monterrey Condominium and the Hewitt Garden. They are zoned R-6, which by right owner can build 6 units which is the maximum density per allowed zone. This is required a Preliminary Plan and approval from the Planning Board.
These Properties are also zoned with TDR 12.0 which allows up to 14 units on the properties but would require the purchasing or transfer of development rights(TDR).
These 14 units could be single-family houses, duplexes, townhouses and or apartments. 25% open space is required.
Sellers are currently selling the package at approximately $250,000 per lot for 6 units.
Seller will consider a 3 months formal study period at Purchasers expense for the study which including but nor limited to: land use attorney and engineer.
Section 4.9.7 Transferablae Development Rights(TDR) Overlay Zone
© 2020 BRIGHT. All rights reserved.
The data relating to real estate for sale on this website
appears in part through the BRIGHT Internet Data Exchange
program, a voluntary cooperative exchange of property
listing data between licensed real estate brokerage firms in
which Federated Realty participates, and is provided by
BRIGHT through a licensing agreement. Real estate listings
held by brokerage firms other than Federated Realty are
marked with the IDX icon, and detailed information about
each listing includes the name of the listing broker. The
information provided by this website is for the personal,
non-commercial use of consumers and may not be used for any
purpose other than to identify prospective properties
consumers may be interested in purchasing. Some properties
which appear for sale on this website may no longer be
available because they are under contract, have Closed or
are no longer being offered for sale. Home sale information
is not to be construed as an appraisal and may not be used
as such for any purpose. BRIGHT MLS is a provider of this
home sale information and has compiled content from various
sources. Some properties represented may not have actually
sold due to reporting errors. Some real estate firms do not
participate in IDX and their listings do not appear on this
website. Some properties listed with participating firms do
not appear on this website at the request of the seller.
Information Deemed Reliable But Not Guaranteed.