92 Millhurst Rd Manalapan Township, NJ 07726
Exceptional investment opportunity: 14.01 acres of prime farmland and nursery land in desirable Manalapan Township, New Jersey. This expansive property, encompassing three contiguous lots (APN 14.01, 14.02, 14.03), presents significant potential for agricultural pursuits or nursery operations. The property is zoned R-AG/4, designating it for rural agricultural use. Conveniently located, it offers easy access to major roadways, including Highways 9 and 33, ensuring seamless transportation of goods and efficient commuting. Adding to its appeal, a 1,088 square foot single-family home is situated on the property, providing immediate occupancy or potential rental income. The asking price for this unique offering is $1,950,000. This represents a rare chance to acquire a substantial land parcel in a highly sought-after location, ideal for both established businesses and ambitious entrepreneurs seeking to establish a thriving agricultural venture. The property's size and zoning provide ample room for expansion and development, making it a truly compelling investment prospect. The address is 92 Millhurst Rd, Manalapan Township, NJ 07726.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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