Morganville NJ Real Estate & Homes for Sale

UNIQUE DEVELOPMENT OPPORTUNITY! Calling all interested BUYERS AND INVESTORS, this is a home with MUCH value in its LAND! This is a spacious 4 bedroom ranch property that is sitting on a vast approximate 25 acre land. This home has 3 full baths and 9 rooms in total. This property comes with an in-unit washer/dryer that is located in its separate pantry-room. The kitchen is spacious and tiled, housing a multitude of wooden pantries for easy and stylish storage. From the bright skylights, ceiling fans in every room, breezy upstairs balcony, expansive deck, storage attic, and unfinished basement- this nature surrounded home is a wonder to live in. The estimated value for the property (in move-in condition) is about $850,000., and the land is over $1,000,000. Five acre land has been sold for about $300,000. and more. Newly built homes in the area have quickly sold in a range of $1,000,000-$2,000,000 each depending on size, design, and fixtures. Combined with approx. 25 acres of land and the beautiful property sitting on it, the asking price for this property is $1,500,000. With over 20 useable acres as per the wetlands report, this land can potentially be subdivided and built on in approximate 5 acre parcels, with the potential to build around 4 additional single family homes that may range from 3,000-6,000 square feet after subdivision. Permitted uses under present zone: cluster development, golf course, swim club, government bldgs, single family dwellings, Treed & cleared property. This home is surrounded by lush greenery and wildlife of all kinds. You will frequently see deer and turkeys grazing around the property. Very safe and tranquil. The land offers much potential and nature.

ATTENTION! This 2005 built single-family residence sits on an approximately 29,451 sqft lot with approximately 7,279 sqft of living space. It includes an attached 4 car garage, full basement, pool & gazebo, office, theater, balcony, patio, and deck. It will need repairs but has so much potential. Make it your own. Jump on this great deal before its gone! All buyers are responsible to confirm City, County, Zoning, Tax, and other records to their satisfaction before bidding. No inspection contingencies in contract. Absolutely no repairs before closing. This property is sold As-Is. This is a REO auction property. Visual Inspection is available.