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170 Gunning River Rd - 170-176 Gunning River Road, Barnegat, NJ 5.45 Acres of Residential Land Offered at $1,105,993 CAD in Barnegat, NJ 08005

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INVESTMENT HIGHLIGHTS

  • Zoned TC - CN for versatile commercial and residential use
  • Prime opportunity for development in a rapidly growing area
  • Potential for significant return on investment
  • Concept plan for 5 residential lots and mixed-use commercial/residential lot
  • Ideal for a wide range of commercial and residential ventures

EXECUTIVE SUMMARY

170 and 176 Gunning River Road Almost 5.5 acres with a reasonable amount of road frontage. R -20 zoning with a TC - CN zoning overlay. Many permitted uses in this zone. The owner has a concept plan to re - subdivide the property in to 6 lots. The front lot for a 2 story 12,000 foot building. Retail / Office on the ground level and residential on the second story. The additional land should yield 5 single family lots. A rare opportunity for any investor / developer.

PROPERTY FACTS

Price $1,105,993 CAD
Sale Type Investment or Owner User
Sale Condition Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Mixed Use
Total Lot Size 5.45 AC
Zoning R-20 & TC Town center

1 LOT AVAILABLE

Lot 5.02 6.03

Price $1,105,993 CAD
Price Per AC $202,934.52 CAD
Lot Size 5.45 AC

170 and 176 Gunning River Road Almost 5.5 acres with a reasonable amount of road frontage. R -20 zoning with a TC - CN zoning overlay. Many permitted uses in this zone. The owner has a concept plan to re - subdivide the property in to 6 lots. The fro

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-00174-0000-00005-02
Land Assessment
$192,113 CAD
Improvements Assessment
$0 CAD
Total Assessment
$192,113 CAD
  • Listing ID: 28139137

  • Date on Market: 2023-04-04

  • Last Updated:

  • Address: 170 Gunning River Rd, Barnegat, NJ 08005

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