This land had Preliminary approval and was just a meeting away from final approval before the downturn of the economy/covid happened. The seller assumes all approvals would have to be re-applied for, but the buyer can do their own diligence to find out what would be needed as the property is being sold strictly as-is. LOOK at the price of this possible ten-lot subdivision. Ten lots, over half acre lot each with a wooded setting, nestled on this quiet cul-de-sac. That's $65,000 a lot, and the average lot has 150 frontages (great for side entry garages) with depths of 175. Public Sewer and gas are available; Public water is about 1000 yards away. You can build with a well or wait for the water to come to the site. The seller might consider holding the mortgage as well. With the increase in house prices, building homes on these lots can be very profitable. All of the old subdivision plans are available by appointment. The agent is the owner and NJ-licensed realtor.
Property Type :
Land
Subdivision :
Victory Lakes
County :
GLOUCESTER
Style :
Land
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ByOwner last updated this listing 05/02/2024 @ 03:45
MLS: NJGL2023934
LISTED BY: Thomas P. Duffy , Keller Williams Realty - Washington Township
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: 3% - $100 Net.
