Real Property - 12 Munsonhurst Rd, Franklin, NJ 07416

  • 930000.00 Dollar US$
  • Published date: March 28, 2019 10:08
  • Modified date: March 28, 2019
    • 12 Munsonhurst Road Franklin, New Jersey, United States

Online Auction for Government Surplus - Auction Ends 5/10/19 - To view auction details go to www.govdeals.com and "Search For" 7325-15. Click the QAL box and then hit search.

Real Property Auction - 12 Munsonhurst Rd, Franklin, NJ 07416(The Franklin Armory).

Block 2401, Lot 20

Built: c. 1950s

Land Area: 10.446 +/- acres, 455,028 +/- square feet

Gross Building Area: 23,346 SF, 15,617 SF for Armory & 7,729 SF for Garage Square Feet

Description:

Two buildings, the first is a 15,617 armory building (about 60 years old), that includes a gym, offices, and meeting space all in average condition.

The second is an older 7,729 square foot masonry garage building in below average condition.

Zoning: R1 Single Family Residential (3 acre minimum)

Current occupancy: As of the valuation date (August 2017), 67% tenant occupied (the Armory), with garage apparently not leased (we were advised that there is some equipment stored in a small portion by State Police).  

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**PRICE REFLECTS CURRENT HIGH BID AND IS SUBJECT TO CHANGE AT ANY TIME DURING THE ONGOING AUCTION**

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