$1,699,000
For Sale

610 E Bay Avenue

Manahawkin, NJ 08050
Browse 14 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Exceptional Investment Opportunity for Developers. A rare chance to develop 10 fully approved townhomes in a prime location. The plans include:
4 units: 3 bedrooms, 2.5 baths
6 units: 2 bedrooms, 2.5 baths
Each unit could be separately deeded later and sold or rented for big dollars.
Conveniently located near shopping, dining, gyms, & banking, w LBI's pristine waters just 10 minutes away. Major retailers like Costco, Walmart, Target & Best Buy are within a 10-minute drive, & the site offers seamless access to NYC (1.5 hours), Philadelphia (1 hour), & Atlantic City (30 minutes).
In today's low-inventory market, each unit is positioned to rent or sell at a premium or be a great Income/Rental Compound for you. Don't miss this high-return opportunity. Contact us today to learn more.

  • Property Details
      • Property SubtypeResidential Land
      • SubdivisionStafford Twp
      • Middle SchoolSouthern Reg
      • High SchoolSOUTHERN REG
      • ZoningResidential
      • Property TypePurchase
      • MLS #22501647
      • MLS #22501647
      • Lot DescriptionCleared
      • Cost1699000
      • CountyOcean

Location

Julio GallardoReal Estate Group

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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