176 Gunning River Rd Barnegat Township, NJ 08005
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 176 Gunning River Rd
- Property type
- Commercial real estate
- APN
- 01-00174-0000-00006-03
Description
This exceptional 5.5-acre property located at 176 Gunning River Road, Barnegat Township, NJ 08005, presents a unique investment opportunity. The land, identified by APN 01-00174-0000-00006-03, boasts significant road frontage and is zoned TC-CN with an R-20 overlay, allowing for a variety of permitted uses. A conceptual plan exists to subdivide the land into six lots: one for a substantial 12,000 square foot building, envisioned as retail/office space on the ground floor and residential units on the second, and five additional lots suitable for single-family homes. This presents a compelling opportunity for developers seeking a mixed-use project or investors looking to capitalize on the potential for residential development in a desirable New Jersey location. The asking price for this remarkable parcel is $799,995. The property's strategic location in Ocean County, combined with its flexible zoning and the potential for substantial development, makes it an attractive proposition for those seeking a high-return investment. Serious inquiries are encouraged to explore the full potential of this rare opportunity. The property is conveniently located near Barnegat Township's amenities and offers easy access to major transportation routes. This is a chance to acquire a large tract of land with significant development potential in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Barnegat Township
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.236766
- Latitude
- 39.7532629
