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Key Details
Sold Price $450,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,164 sqft
Price per Sqft $207
MLS Listing ID 240820
Sold Date 06/07/24
Bedrooms 5
Full Baths 2
Year Built 1920
Annual Tax Amount $4,188
Tax Year 2022
Lot Dimensions 653400
Property Description
Welcome to Woodbine, New Jersey! This unique property presents an exceptional opportunity for savvy investors and developers alike. Situated on a sprawling 30-acre parcel, this offering comprises two adjacent lots: Block 100, Lot 1, boasting 15 acres with an existing old house, and Block 99, Lot 2, featuring 15 acres with a spacious garage barn-type building. The value of this property lies in its expansive land and its potential for various uses. Nestled in an area renowned for its horse farms, the possibilities are abundant. While the existing structures are in need of major renovation or demolition, they are being sold in AS IS condition, allowing for a blank canvas for your vision. Potential uses for this property include but are not limited to: Equestrian Facility: Take advantage of the area's equestrian heritage by developing the property into a state-of-the-art equestrian facility. Renovate the existing structures into stables, barns, and arenas to cater to horse enthusiasts. Residential Development: With 30 acres at your disposal, explore the potential for residential development. Subdivide for single-family homes there is ample space for a thoughtfully planned community. Agricultural Pursuits: Harness the land's potential for agricultural endeavors such as crop cultivation, vineyards, or orchards. Embrace sustainable farming practices and contribute to the local agricultural landscape. Before embarking on any development plans, thorough due diligence is advised. Familiarize yourself with local zoning regulations, environmental considerations, and market demands. Consult with relevant professionals and authorities to ensure your vision aligns with regulatory requirements and community objectives. This property offers a rare opportunity to shape the landscape of Woodbine, New Jersey. Don't miss your chance to be part of its transformation. Schedule a viewing today and unlock its full potential!
Location
State NJ
County Cape May
Area Woodbine
Zoning ARR
Location Details Wooded Lot,See Remarks
Rooms
Basement Partial, Masonry Floors/Wall
Interior
Hot Water Electric
Heating Oil
Cooling None
Building
Lot Description Wooded Lot, See Remarks
Sewer Septic
Water Well
New Construction No
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Bought with REALTY ONE GROUP SUPREME