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    4 Union Blvd Barnegat Township, NJ 08005

    Sponsored
    For Sale
    $550,000

    1.3-acre lot, fully approved for development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.3-acre commercial land parcel in Barnegat Township, New Jersey, presents a remarkable development opportunity. Located at 4 Union Blvd, this property boasts a prime location with 206 feet of frontage, offering excellent visibility and accessibility. The site is fully approved for the construction of a 4,000 square foot building, encompassing a flexible mix of retail, office, and/or apartment space. Current approvals include three commercial units and ample parking for 28 vehicles. Infrastructure is readily available, with water and sewer lines conveniently located near the property. To expedite the development process, the seller has already secured all necessary permits, including soil, water, and sewer approvals. This turnkey opportunity eliminates significant pre-construction hurdles, allowing for immediate commencement of building. The asking price for this ready-to-build commercial land is $550,000. This represents a significant value proposition for developers seeking a streamlined path to a profitable commercial venture in a thriving New Jersey market. The property's strategic location in Ocean County, combined with its comprehensive approvals and infrastructure access, makes it an ideal investment for discerning buyers. Don't miss this chance to acquire a fully permitted and shovel-ready commercial development site.

    Property Features for 4 Union Blvd

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • $550,000 asking price.
    • 1.3‑acre commercial land parcel.
    • Fully approved plans for 4,000 square feet of retail and/or office/apartment space.
    • Approved for three commercial units.
    • 206 feet of frontage.
    • 28 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Barnegat Township
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.212836
    Latitude
    39.7706469

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    FAQs

    What type of property is this?
    Land - 1.3-acre lot, fully approved for development
    Where is this land located?
    The property is located at 4 Union Blvd Barnegat Township, NJ.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 1.3-acre commercial land parcel.; Fully approved plans for 4,000 square feet of retail and/or office/apartment space.
    (848) 482-1007
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    4 Union Blvd Barnegat Township, NJ 08005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Union Blvd Barnegat Township, NJ 08005
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