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45 Ridge Ave - Vacant Industrial Building 0.46 Acres of Commercial Land Offered at $1,254,932 CAD in Neptune City, NJ 07753

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INVESTMENT HIGHLIGHTS

  • "As of Right" Development for Four (4) Single Family Lots
  • Potential Development for Eleven (11) Townhomes or Thirteen (13) Multi-Family Units

EXECUTIVE SUMMARY

The property can be sub-divided in to four (4) single family buildable lots as-of right. It also has the capability of supporting a development of either eleven (11) townhomes or thirteen (13) residential units which will require further municipal approvals.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per AC $9.99
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $1,254,932 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Single Family Development
Total Lot Size 0.46 AC
Opportunity Zone Yes
Zoning R-4 - The R-4 Zone District is to provide for single-family residential development at a density not to exceed 8.7 dwelling units per acre.

1 LOT AVAILABLE

Lot 504

Price $1,254,932 CAD
Price Per AC $2,728,113.29 CAD
Lot Size 0.46 AC

Buildable Residential Lot (R-4 Zoning) off Corlies Avenue (Route 33) in Neptune Township. The lot is 100' x 290' and currently has a 13,000 sf industrial building on it.

DESCRIPTION

Former 13,000 sf "non-functional" industrial building located within the Neptune Twp residential neighborhood off Corlies Avenue (Route 33).

Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38658184

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: 45 Ridge Ave, Neptune City, NJ 07753

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