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Ackerman Rd 9.8 Acres of Residential Land Offered at $189,000 in Lake Hopatcong, NJ 07849

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INVESTMENT HIGHLIGHTS

  • Great School District (A++).
  • 45 minutes to Manhattan.
  • Median Household income of $96,659+.
  • Great value as acres are selling for 50k-100k per acre in the area.
  • Many activities in Lake Hopatcong including boating, surfings, wind sailing, fishing, and water skiing.

PROPERTY FACTS

Price $189,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 9.80 AC
Cross Streets RT-15
Zoning R-40

1 LOT AVAILABLE

Lot

Price $189,000
Price Per AC $19,285.71
Lot Size 9.80 AC

9.8 Acres with approved plans to build single family home.

DESCRIPTION

9.2 Acres in Lake Hopatcong/Jefferson Township in Morris County. Property is currently zoned R-40. This zone serves as a transition between the C Conservation Zone and the existing developed centers of the Township and therefore are anticipated to be developed in the near future. Permitted principal uses. Permitted principal uses are as follows: Single-family detached dwellings. Churches or other places of worship, Sunday schools or parish houses. Public parks, playgrounds or other public facilities. Public and private fire and rescue squad stations. Flag lots in accordance with the standards set forth in § 490-29. which is residential allowed use of one house per acre. Ideal use would be to sub-divide into 2 lots and build two homes, build town homes, or keep as-is and build one large home. Has private road called Ackerman Road that is a private road that leads into the property. Please check zoning https://ecode360.com/10285532 Address: Ackerman Rd and RT-15 Lake Hopatcong, NJ 07849 Jefferson Township (Morris County) -A++ School District and 45 minute commute into Manhattan. Median Average Home Value: $459,109 -Average market Rent: $2,174 -Owners 78% -Renters: 5% COMPS: 1 acre sold for $365,000 Address: 208 Knox Way, Hopatcong NJ 07843 Sold: $365,000 3,920 sqft lot View this home on Zillow: https://www.zillow.com/homedetails/208-Knox-Way-Hopatcong-NJ-07843/201815078_zpid/ Another 1 acre that sold for $145,000 Address: 181 State Rte, Lake Hopatcong NJ 07849 Sold: $145,000 0.99 ac lot View this home on Zillow: https://www.zillow.com/homedetails/181-State-Rte-Lake-Hopatcong-NJ-07849/248887970_zpid/

  • Listing ID: 19377145

  • Date on Market: 4/29/2020

  • Last Updated:

  • Address: Ackerman Rd, Lake Hopatcong, NJ 07849

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