$640,000
$699,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
385 Park Avenue Freehold, NJ 07728
1.07 Acres Lot
Key Details
Sold Price $640,000
Property Type Vacant Land
Sub Type Residential Land
Listing Status Sold
Purchase Type For Sale
Municipality Freehold Boro (FRB)
MLS Listing ID 22409932
Sold Date 01/24/25
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax Year 2023
Lot Size 1.070 Acres
Acres 1.07
Lot Dimensions 195 x 240
Property Sub-Type Residential Land
Property Description
Development Opportunity near downtown and convenient to everything. Freehold has confirmed that this property contains 4 lots (Block 103/Lots 17, 28,28,29 and 16.01). This is not in a flood zone. R-5 Zone allows 50-foot width, 6000sf lot size, 40% total lot coverage. One plan might be to create three 65 x 240 lots on Park Ave. Another would be to use lots as they exist and create an entry to the rear lot by using the middle (Lot 29). (or maybe apply for variance to have three 50 foot and one 45-foot lots--all with frontage on Park Avenue). Consider the possibilities., check the attached documents. Current structure, which is a single level Ranch with basement. There may be potential to use or rent it while applying for variance(s). Buyer responsible for C/O.
Location
State NJ
County Monmouth
Area None
Direction Park Avenue near Stillwell
Exterior
Private Pool No
Building
Lot Description Landscaped, Multi-Lot Subdivision, Possible Subdivision
Schools
Middle Schools Freehold
Others
Senior Community No
Tax ID 16-00103-0000-00017
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Bought with Berkshire Hathaway HomeServices Fox & Roach - Neptune City