0 Legal, Ocean Township, NJ 07712

This exceptional 7,500 square foot commercial land parcel presents a unique investment opportunity in the desirable Ocean Township, New Jersey. Located in the northeast quadrant of Asbury Park, this R-1 zoned lot offers significant potential for development. The permitted zoning allows for the construction of a building up to 2.5 stories high, with a maximum height of 30 feet. The maximum building coverage is 30% of the lot size, providing ample space for landscaping and other site improvements. Situated in a prime location, this property benefits from its proximity to Asbury Park's beaches, with only four parks located within the immediate area. The asking price for this remarkable property is $999,000. 2024 property taxes are to be determined. This is an ideal opportunity for developers seeking to capitalize on the thriving commercial real estate market in this sought-after New Jersey location. The property is conveniently located in Monmouth County, with the address listed as Legal Building Lot, Asbury Park, NJ 07712. The precise coordinates are 40.2448804 latitude and -74.0593872 longitude. This presents a rare chance to acquire a substantial commercial lot with significant development potential.