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555 Route 46
Kenvil, NJ 07847
Lake Silver Springs (aka Marine Lake) · Land For Sale · 21.53 AC

INVESTMENT HIGHLIGHTS

  • Fishing does not require a local or state license. Water and Fish are both property of lot owners.
  • Private Lake has no inlets or outlets.
  • Glacier sand
  • Variety of possibilities for residential or commercial redevelopment.
  • Full mineral and water rights.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Specialty, Festival or Entertainment
  • Storefront
  • Agribusiness
Total Lot Size 21.53 AC
No. Stories 1
Zoning OS

DESCRIPTION

Acquire your own oasis with private spring-fed lake and lush surroundings, a fisherman's paradise. Fishing on this property does not require a local or state license. Water and Fish are both property of the lot owners. Open Space and R-3 zoned property suitable for cluster housing and business endeavors with multiple options. A unique event venue. The 12-18 feet  deep lake is fully stocked with Bass, Perch, and Herring. The spacious two-level house on the property offers spectacular views of the lake and has support footings to hold larger structures for future expansion. The property is suitable for development of day camps, houses of worship, wedding venues, reunions, corporate and private events, restaurants, a 55+ community, fishing or beach club, special boating and fishing equipment, vacation home; banquet hall, the possibilities are endless. This spectacular private lake compound is surrounded by undisturbed natural beauty and breathtaking views and has fabulous potential for an inspired owner-user or developer. This rare find is conveniently located 1 mile from Route 80 and fronts Route 46.  This man-made lake was said to have been created when some glacier sand was dredged out and used in the building of the Empire State building.  There is more sand (best for concrete blocks) available under the lake and some work has been done to explore the feasibility of dredging more of this sand out.  See Due Diligence section for Proposed Sand Project Documentation.  The sand is also valuable for fracking. Property has been a host to several businesses, events (870 people largest), catering, weddings, reunions, picnics, fishing club, beach club, and Christmas tree sales. Current Improvements include +/-3,000 SF consisting of a home with 3 bedrooms, 2.5 baths, built on top of a multi stall guest restrooms storage garage, and near the lake a service cantina. At the entrance by Route 46 a foundation exists for retail store fronts.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 36-02702-0000-00024
  • 36-02702-0000-00001
  • 36-02702-0000-00025
Land Assessment
$634,800
Improvements Assessment
$367,800
Total Assessment
$1,002,600
  • Listing ID: 23156553

  • Date on Market: 5/21/2021

  • Last Updated:

  • Address: 555 Route 46, Kenvil, NJ 07847

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