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1515 Logan Rd
Ocean, NJ 07712
Retail Property For Sale
Investment Highlights
- Proven Potential: The property is currently utilized as a school, but The Town Engineer has provided preliminary major subdivision plans.
- Unbeatable Location: Located just 2 miles from the world-famous Asbury Park beach and boardwalk.
- Zoning: Situated in the R-4 Zone, perfectly suited for medium-density single-family residential development.
Executive Summary
Preliminary Major Subdivision approval for construction of 6 single family homes - 2 Miles to Asbury Park Beaches
Tranzon is pleased to offer at public auction a truly one-of-a-kind opportunity for builders and developers. Located in the heart of the desirable Wanamassa section of Ocean Township.
Investment Highlights:
Proven Potential: The property is currently utilized as a school, but the heavy lifting of planning is already done. The Town Engineer has provided preliminary major subdivision plans.
Zoning: Situated in the R-4 Zone, perfectly suited for medium-density single-family residential development.
Unbeatable Location: Located just 2 miles from the world-famous Asbury Park beach and boardwalk, this site is ideally positioned to attract buyers looking for luxury new construction near the coast.
High Demand: Wanamassa shares in the "Community of Gracious Living" reputation, offering top-tier schools and a stable, high-value real estate market.
Tranzon is pleased to offer at public auction a truly one-of-a-kind opportunity for builders and developers. Located in the heart of the desirable Wanamassa section of Ocean Township.
Investment Highlights:
Proven Potential: The property is currently utilized as a school, but the heavy lifting of planning is already done. The Town Engineer has provided preliminary major subdivision plans.
Zoning: Situated in the R-4 Zone, perfectly suited for medium-density single-family residential development.
Unbeatable Location: Located just 2 miles from the world-famous Asbury Park beach and boardwalk, this site is ideally positioned to attract buyers looking for luxury new construction near the coast.
High Demand: Wanamassa shares in the "Community of Gracious Living" reputation, offering top-tier schools and a stable, high-value real estate market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
20,000 SF
Building Class
C
Year Built
1958
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
3.00 AC
Zoning
R-4
Parking
25 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
198’ on Logan Rd
Property Taxes
| Parcel Number | 37-00216-0000-00019 | Improvements Assessment | $2,451,236 CAD |
| Land Assessment | $986,325 CAD | Total Assessment | $3,437,561 CAD |
Property Taxes
Parcel Number
37-00216-0000-00019
Land Assessment
$986,325 CAD
Improvements Assessment
$2,451,236 CAD
Total Assessment
$3,437,561 CAD
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