Designated affordable housing development 5 Frontage Rd Lot | Résidentiel | 34,4 ha | À vendre | 8,76 € | Clinton, NJ 08809

This property id conveniently located off of I-78 East of NJDOT scales, between exits 12 and 13, in Hunterdon County. This property is located 14 from Easton, PA. The property is identified by Union Township as one of only two strategic sites designated for future Multifamily Inclusionary Overlay (MFO) Zoning, subject to the availability of sewer infrastructure and capacity. As part of the Township’s Fair Housing Settlement Agreement, the site has been recognized as a realistic location for future residential development at a planned density of up to 8 dwelling units per acre. The Township has committed to: -Reserving and prioritizing any newly available sewer capacity for this property. -Supporting and endorsing applications to the New Jersey Department of Environmental Protection (NJDEP) for the infrastructure necessary to provide sewer service to the site. -Implementing the Multifamily Inclusionary Overlay (MFO) District, which permits multifamily and townhouse development once sewer allocation becomes available. Under the MFO Overlay, permitted residential development includes: -Multifamily residential buildings -Townhouse developments The overlay requires that 20% of all dwelling units be designated as affordable housing for low- and moderate-income households, in accordance with New Jersey affordable housing regulations and the Fair Housing Act. This designation demonstrates that the property has been formally identified by Union Township as a priority location for future residential growth and infrastructure investment, positioning it as a significant long-term development opportunity.