Building Lot Near Cook College

Sat. Oct. 23, 2021
This property is owned by Cherokee. It is offered for Sale.

For Sale

STREET MAP: You can view and download a 1-page "Sell Sheet" that briefly describes this Property. This includes photos, maps and basic information by clicking here

BROCHURE: Download a color brochure that includes a street map, tax map, site plan, and many color photographs of the property, inside and out.



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Brokers

We appreciate the value that brokers and other professionals bring to real estate transactions, and we're pleased to recognize procuring brokers. Our brokerage relationships and terms are available for review on our Broker & Other Intermediaries web page.

If you are a broker or other intermediary with client who might be interested in buying or leasing any Cherokee property, please contact the listing broker, if any, or else contact Jay Wolfkind in Cherokee's Red Bank, NJ office at (732) 741-2000.

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Residential Properties

191 Redmond Street

SUMMARY: A large building lot in the heart of New Brunswick, New Jersey. It was previously a masonry building that housed the stables for the New Brunswick Fire Department. Despite Cherokee's efforts to preserve this historic property and maintain the character of the neighborhood, the building had decayed too much to make restoration viable.

New Brunswick is the seat of Middlesex County, New Jersey. The vibrant renaissance of the city is due in large part to it being the location of the world headquarters of the Johnson & Johnson health care products company, the home of Rutgers University, the State University of New Jersey, and a central hub for many county government offices. There are several major hospitals in New Brunswick, including Saint Peters and Robert Wood Johnson University Hospital. Consequently there are many law offices, medical facilities, and other support services in the area.

As with most Cherokee properties, this one was in very run-down condition, abandoned by its owners, and delinquent in taxes. Cherokee acquired the property by tax foreclosure, and immediately stabilized its physical condition and cleaned it up. Cherokee continues to pay taxes on a timely basis.

However despite our best efforts, the wooden structure had decayed beyond the point that renovation was feasible, and it was demolished in the Summer of 2009 in the interests of community development. Today the level land is available for development. It is zoned Residential.

This property is centrally located a few blocks from Cook College and the Mason Gross School of the Arts, and it is also two blocks from Livingston Avenue, pick-up locations for public transportation, and the State Theater.


Interested in this Property?

For information about buying this property, please call Charlotte Cohen at (732) 741-2000 during business hours, or send her an email from our Contact Us page.

We own and operate residential and commercial investment properties, primarily in New Jersey and Southern California.

The central theme to all Cherokee business activities is "renovation". We acquire assets that are not "performing", and we invest the resources necessary to return them to productive use.