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The Dunes Shore Hills Development Opportunity 2337 Highway 34 Lot | Résidentiel | 0,53 ha | À vendre | 1 725 740 € | Manasquan, NJ 08736
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Re-zoned for 18 residential units, 15 market / 3 affordable units.
- Strong local demographics with high income and education levels.
- Rezoned for high-density residential to meet housing demand.
- Prime location minutes from Manasquan Beach and coastal towns.
- Exceptional condo pricing and rental demand in the submarket.
- Convenient access and visibility along Highway 34.
Résumé analytique
Seize a rare opportunity to develop 18 apartments or condos with an an amendment to the redevelopment plan on a prime lot just minutes from Manasquan Beach, Brielle, Sea Girt, and Point Pleasant Beach. Currently an operating motel it's been rezoned by the town from commercial to high density residential to meet NJ's housing demand. This lot is a high-value investment. In the 08736 zip code this affluent community, with a $150,523 median household income, $91,786 per capita income, and 73% with Bachelor's degrees, ensures strong buyer appeal. Develop premium apartments or condos where the median listing price of 2-3 bedroom condos is $850,000 and overall median listing home price (all property types) is about $1.3M / ~$464/ft²., and rents for 2-3 bedroom apartments averaging $3500 - $4100/month reflecting a VERY desirable coastal area. Contact us for more information to schedule a tour and to unlock this profitable venture.
*No approvals as of yet, but seller has agreed to sell with approval contingencies. **All due diligence and approvals are responsibility of buyer.
*No approvals as of yet, but seller has agreed to sell with approval contingencies. **All due diligence and approvals are responsibility of buyer.
Informations sur l’immeuble
| Prix | 1 725 740 € | Type de bien | Terrain |
| Type de vente | Investissement | Sous-type de bien | Résidentiel |
| Condition de vente | Projet de requalification | Usage proposé | Appartements en copropriété |
| Nb de lots | 1 | Surface totale du lot | 0,53 ha |
| Zonage | AHR-7 - AHR-7 | ||
| Prix | 1 725 740 € |
| Type de vente | Investissement |
| Condition de vente | Projet de requalification |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Usage proposé | Appartements en copropriété |
| Surface totale du lot | 0,53 ha |
| Zonage | AHR-7 - AHR-7 |
1 Lot disponible
Lot 30
| Prix | 1 725 740 € | Surface du lot | 0,53 ha |
| Prix par ha | 3 280 304,85 € |
| Prix | 1 725 740 € |
| Prix par ha | 3 280 304,85 € |
| Surface du lot | 0,53 ha |
The property spans 1.3 acres, rezoned to AHR-7, and allows 18 units (15 market-rate, 3 affordable) across three floors. Building footprint ranges 12,000–27,599 SF, with each unit offering about 2,000 SF of gross space.
Description
Currently an operating profitable motel that was rezoned in 2023 to high density residential. *No approvals as of yet, but seller has agreed to sell with approval contingencies. **All due diligence and approvals are responsibility of buyer.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Taxes foncières
| Numéro de parcelle | 52-00831-0000-00030 | Évaluation des aménagements | 446 794 € |
| Évaluation du terrain | 323 576 € | Évaluation totale | 770 370 € |
Taxes foncières
Numéro de parcelle
52-00831-0000-00030
Évaluation du terrain
323 576 €
Évaluation des aménagements
446 794 €
Évaluation totale
770 370 €
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Présenté par
The Dunes Shore Hills Development Opportunity | 2337 Highway 34
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