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45 Ridge Ave - Vacant Industrial Building 0.46 Acres of Commercial Land Offered at $899,000 in Neptune City, NJ 07753
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 | ANNUAL PER AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot 504
| Price | $899,000 | Lot Size | 0.46 AC |
| Price Per AC | $1,954,347.83 |
| Price | $899,000 |
| Price Per AC | $1,954,347.83 |
| 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)
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45 Ridge Ave - Vacant Industrial Building
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