Listing Agency: EXIT Realty East Coast Shirvanian Show Phone

Listed By: Mary Hart Show Phone

Added: May 24 Changed: Aug 3 Last Checked: Aug 31 at 10:06AM

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MLS# 22615369

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Investment Insights

Based on property information with market context.

This is a rare redevelopment opportunity in Spring Lake Heights, New Jersey, situated on an oversized corner parcel. The property includes an existing structure and two existing deeds. The site offers potential for the construction of two single-family residences, contingent upon municipal approvals. A notable advantage is that the property is not located in a flood zone, eliminating elevation requirements and flood insurance concerns. The unique corner configuration provides design flexibility, enhanced curb appeal, and independent lot orientation. The location is near beaches, downtown Spring Lake, parks, and major commuter routes. This property represents an opportunity for builders, developers, or investors looking for a coastal project with end-user appeal. The lot size is 0.38 acres, and the property size is 870 square feet. Prospective buyers are responsible for performing all due diligence regarding zoning, subdivision, approvals, and development potential.

Key Highlights

• Redevelopment opportunity on an oversized corner parcel with two existing deeds.
• Potential for two single‑family residences (subject to municipal approvals).
• Not located in a flood zone, eliminating elevation requirements and flood insurance.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Hair Salon Nail Salon Big Box & Wholesale Store Dental Office Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

340

Businesses Nearby

Explore this area Business Placement

Demographics for 07762, NJ

8,642

Population

5,109

Households

1.7

Avg Household Size

55

Median Age

64%

College-Educated

96%

High-School Grad

2.8 sq mi

ZIP Area

3,086

Density / Sq Mi

$103,947

Median Household Income

$68,061

Median Earnings

$1,775

Median Rent

$871,400

Median Home Value

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Similar For Sale Nearby

Oversized Corner Parcel Redevelopment Opportunity

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Frequently Asked Questions

What type of property is this?

Land - Oversized corner parcel near beaches, downtown, and commuter routes.

Where is this land located?

The property is located at 574 Central Avenue Spring Lake Heights, NJ.

What is the asking price?

The asking price for this property is $3,195,000.

What are key features of this property?

This property features: Redevelopment opportunity on an oversized corner parcel with two existing deeds.; Potential for two single‑family residences (subject to municipal approvals).; Not located in a flood zone, eliminating elevation requirements and flood insurance.