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Residential subdivision Residential subdivision Residential subdivision Residential subdivision Residential subdivision Residential subdivision

Property Overview

Price/Rent PSF $ 950,000.00
Asset Type Land
Trade Type Sale
Acres Available 2.80
Date Available 05/22/2019
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Description

Location
2.8 Acre approved subdivision in desirable Brookside residential neighborhood in Toms River, NJ.

Sale
7-lot approved not improved subdivision on an existing dirt road in the desirable section of Brookside. Estimated home sales are in the $500,000 - $600,000 price range. The property consists of 1 single family residence on 1/3 acre lot with 4 bedrooms and 2 bathrooms with a detached 3-car garage. Currently, tenant occupied, generating $2,000/month. The tenant would consider purchasing the existing home if the new owner doesn't want to retain it. The remaining balance consists of 6 residential building lots with 3 x 1/2 acre lots, 2 x 1/4 acre lots and 1 x 1/3 acre lot on a private cul-de-sac. Final approval is subject to just resolution compliance, posting a bond and filing the map.

Location

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