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- LoopNet Team
301 Lelache
Atco, NJ 08004
17 Acres in Waterford Twp, NJ #NJ-909 · Land For Sale
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17.00 AC
INVESTMENT HIGHLIGHTS
- Allows for up to 89 single family homes
- Public utilities available
- High frequency area
PROPERTY FACTS
DESCRIPTION
PRIME residential development site in beautiful Atco, NJ. As of right zoning allows for up to 89 single family homes to be built with potential to get a variance to increase the density allotment. The parcel is currently wooded. Clean Phase 1 Environmental Study. Excellent investment opportunity. In addition please keep in mind that the parcel is located under Pinelands Commission jurisdiction. Aside from needed Township approvals, Pinelands Commission would also be required to sign off on any development of this parcel. A preliminary site plan is available upon request. ZONING The lot is zoned R-4, and residential development is anticipated. Single-family detached dwellings, duplexes, townhouses, and senior citizen housing are allowed by right. Conditional uses will require a permit from the Department of Planning and Zoning. Developers and landowners can purchase credits through the PDC (Pinelands Development Credits) Program. This program allows reducing the minimum lot size for a single-family home to 7,500 sqft and 2,250 sqft for a townhouse. NEARBY ATTRACTIONS - Walking distance to Atco Elementary School - 5-minute drive to Diggerland USA - 15-minute drive to Clementon Park & Splash World - 20-minute drive to Atsion Lake Beach - 40-minute drive to Atlantic City International Airport
PROPERTY TAXES
| Parcel Number | 35-00601-0000-00045 | Improvements Assessment | $0 |
| Land Assessment | $40,800 | Total Assessment | $40,800 |
PROPERTY TAXES
