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Avenel St
Avenel, NJ 07001

Land For Sale · 0.69 AC

Investment Highlights

  • Proposed ±7,000-8,000 SF strip plaza
  • Off er can be accepted contingent upon approvals
  • Conditional uses include church, religious uses and cultural centers
  • Buyer currently seeking all approvals and reports
  • B-3 zoning includes general retail sales, bakery, barber, offi ce,restaurant, liquor store, auto supply, grocery store, medical and others
  • Property taxes $8,183 (2024)

Executive Summary

Owner Is looking to have fully approved plans to build a 7,000-8,000 sq. ft. retail centers on the property. The owner is willing to go under contract and continue towards approvals while a buyer has a contingency on the approvals being fully approved and permitted.
Option A: Purchase now while in the process of getting approvals $1,195,000
Option B: Purchase after fully approved $1,350,000

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
Total Lot Size 0.69 AC

1 Lot Available

Lot

Price $1,195,000
Price Per AC $1,734,398
Lot Size 0.69 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-00814-0000-00034
Land Assessment
$69,800
Improvements Assessment
$0
Total Assessment
$69,800

zoning

Zoning Code B-3
B-3
  • Listing ID: 32579821

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: Avenel St, Avenel, NJ 07001

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