402 Pemberton Rd Mount Holly, NJ 08060
This exceptional 116-acre property, located at 402 N Pemberton Rd, Mount Holly, NJ 08060, presents a unique opportunity for agricultural investment. Currently zoned AR - Agricultural Residential, the land is primarily used for row-crop vegetable production and benefits from existing irrigation infrastructure. While there is no road frontage, access is provided via an easement. The property is deed-restricted for conservation and recreation, with a single exception area of 1.12 acres. An existing house on the property is in disrepair and is suitable for demolition, allowing for the construction of a new residence. The majority of the land is tillable farmland, ideal for continued agricultural use. The property borders Powells Run, offering a natural boundary and potential ecological benefits. This substantial parcel offers significant potential for both farming operations and future development within the permitted zoning regulations. The asking price for this expansive agricultural holding is $795,000. The ownership entity is Dragonland LLC. Buyers should be aware of the deed restrictions and access limitations prior to purchase.
Cap rate
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