77 acres of dry land with outstanding development potential.** The front is currently zoned Commercial, while the rest is zoned R-A5. The two top developers in the country have signed contracts with the owner to purchase the property, contingent upon obtaining approvals for 100+ single family homes, over a five-year period, followed by a purchase price of **$5,000,000**. Rather than waiting through the entitlement process, the owner has elected to sell now. Current zoning allows for subdivision into approximately 15 residential lots of 5 acres each, as of right. Or, if you wish to live like a king on your own private estate, build your dream mansion on this extraordinary property. You will be the envy of all!!!!!!!!
Property Features
Listing Courtesy: Keller Williams Realty Monmouth/Ocean - 732-942-5280