157 Route 520

    Marlboro, NJ 07746
    • $4,750,000
    • STATUS: Active
    • ON SITE: 3 days
    • MLS #: 21937397
    New On Site 3 Days Ago
    UPDATED: 203 min ago
    $4,750,000
    • 0
      BEDS
    • 26.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    A rare find....26.4 acre Parcel in Marlboro adjacent to Cannon Hills. Looking at the map it seems to be a ''clean'' piece. Owner had pre-approvals but they have since lapsed. Can be a 5 lot subdivision for custom homes with a 5 acre minimum. As per township, a cluster provision would allow homes on this lot at 55,000 sq. ft. lot minimum if a percentage of the land is left for open space. Lots are located close to major roads for commuting and is convenient for shopping. Seller will allow a due diligence time frame. Now zoned Farm. Taxes would have to be reassessed and there is a 5 year rollback on the taxes.

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    © 2019 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2019-09-15T21:19:15.543.
    www.sellwithsikora.com/homes/98872769

    157 Route 520 Marlboro, NJ 07746

    • Price: $4,750,000
    • Status: Active
    • Updated: 203 min ago
    • MLS #: 21937397
    0
    Beds
    0
    Baths
    0
    ½ Baths
    26.4
    Acres
    Neighborhood:
    None
    County:
    Monmouth
    Area:
    Marlboro (MAR)
    Property Description
    A rare find....26.4 acre Parcel in Marlboro adjacent to Cannon Hills. Looking at the map it seems to be a ''clean'' piece. Owner had pre-approvals but they have since lapsed. Can be a 5 lot subdivision for custom homes with a 5 acre minimum. As per township, a cluster provision would allow homes on this lot at 55,000 sq. ft. lot minimum if a percentage of the land is left for open space. Lots are located close to major roads for commuting and is convenient for shopping. Seller will allow a due diligence time frame. Now zoned Farm. Taxes would have to be reassessed and there is a 5 year rollback on the taxes.
    Exterior Features

    Location Near Parkway Access Lot Description LevelPossible Subdivision Outbuildings None Water View No Waterfront No

    Property Features

    Assessment Status To Be Assessed Assessment Total 0.00 Documents Available Site PlanTopography Electric Near By Farm Assessed Yes Gas Near By Land Subtype Residential Land Lease No Tax Year 2018 Water Sewer Septic - NeededWell Zoning ClusterMixedMulti-UseResidential

    Listing information © 2019 Monmouth-Ocean MLS. Listing provided courtesy of Iris Lurie of C21/ Mack Morris Iris Lurie.


    © 2019 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2019-09-15T21:19:15.543.
     
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    Montclair NJ, 07042