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1100 Lacey rd - 1100 Lacey Road, Forked River, NJ 08731

2.64 Acres of Commercial Land Offered at $1,950,000 in Forked River, NJ 08731

Investment Highlights

  • Garden State Parkway Visibility and Lacey Road which extends from the Barnegat Bay to Trenton. Great Hotel Location.

Executive Summary

There is currently an opportunity to acquire a 2.64 (+,-) acres adjacent to the Garden State Parkway, at Exit 74, in Forked River, Ocean County, New Jersey. Half way between Atlantic City and New York City. This property is currently zoned Office Commercial. See attached aerial photograph. This exit is a four way interchange. The property is suitable for an Office Building, Apartments, a Hotel or a 20+ lot residential subdivision. For any non conforming uses, the owner would be willing to pursue the appropriate approvals for a qualified purchaser. Owner is currently owner occupied in an Office Building on adjacent property.

Property Facts

Price $1,950,000
Sale Type Investment
Sale Conditions Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Multifamily
  • Hospitality
  • Apartment Units
  • Hotel
  • Single Family Development
Total Lot Size 2.64 AC

1 Lot Available

Lot

Price $1,950,000
Price Per AC $738,636
Lot Size 2.64 AC

Ideally suited for Hotel next to the Garden State Parkway. Decommissioning of the OYSTER CREEK NUCLEAR STATION will likely keep it at 100% occupancy for the next 20 years. We are situated at EXIT 74 of the GSP Seller will assist with approvals.

Description

There is currently an opportunity to acquire a 2.64 (+,-) acres adjacent to the Garden State Parkway, at Exit 74, in Forked River, Ocean County, New Jersey. This property is currently zoned Office Commercial. See attached aerial photograph. This exit is a four way interchange at Exit 74 of the Garden State Parkway. The property is suitable for an Office Building, Apartments, a Hotel or a 20+ lot residential subdivision. For any non conforming uses, the owner would be willing to pursue the appropriate approvals for a qualified purchaser. Owner is currently owner occupied in an Office Building on adjacent property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-01869-0000-00039
Land Assessment
$4,500
Improvements Assessment
$0
Total Assessment
$4,500

zoning

Zoning Code Office Commercial/Res
Office Commercial/Res
  • Listing ID: 21818638

  • Date on Market: 12/22/2020

  • Last Updated:

  • Address: 1100 Lacey rd, Forked River, NJ 08731

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