325 State Rte 34 Colts Neck, NJ 07722-2431
Permitted nonresidential uses are all principal permitted uses in the B-1, Business district, § 102-109B of the Township Code. (c) Permitted residential uses are townhouse dwelling units and multifamily dwelling units. C. The accessory permitted uses allowed in the MU-1 Overlay District include the following: (1) Accessory uses and structures customarily inc…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Colts Neck, NJPermitted nonresidential uses are all principal permitted uses in the B-1, Business district, § 102-109B of the Township Code. (c) Permitted residential uses are townhouse dwelling units and multifamily dwelling units. C. The accessory permitted uses allowed in the MU-1 Overlay District include the following: (1) Accessory uses and structures customarily incidental to permitted uses. (2) Accessory uses permitted and as regulated in the B-1, Business District, § 102-109C of the Township Code. (3) Passive recreation facilities associated with the residential portion of the development, such as but not limited to, lawns, gathering areas, clubhouses, private residential swimming pools subject to § 102-108 and recreation courts subject to § 102-101 . (4) Interior amenities associated with the residential portion of the development such as but not limited to fitness areas, game rooms, and workstations. (5) Office and maintenance space associated with on-site management. (6) Garages, both attached and detached. (7) Home offices, subject to § 102-84C(19) , with the exception that they shall be permitted in any residential use. D. The conditional uses allowed in the MU-1 District include the following: (1) None. E. Affordable housing. (1) The required affordable housing set-aside for any type of residential development is 20%. (2) Affordable housing units shall comply with the Township's affordable housing regulations and the Uniform Housing Affordability Control Rules (N.J.A.C. 5:80-26.1), which shall control in the case of any conflicts with this section, provided that a minimum of 13% of the total low- and moderate-income units shall be affordable to very-low-income households (i.e., 30% or less of median income). (3) The affordable units shall be distributed throughout the residential buildings such that no building consists of more than 30% affordable units. F. Area and bulk standards. (1) Minimum tract area: 40,000 square feet. (2) Minimum lot width: 200 feet. (3) Minimum lot frontage: 200 feet. (4) Principal building setbacks: (a) Minimum front yard from Route 34 or Route 537: 40 feet. (b) Maximum front yard from Route 34 or Route 537: 60 feet. (c) Minimum highway access management road setback: 20 feet. (d) Minimum side yard: 20 feet. (e) Minimum rear yard: 25 feet. (5) Accessory building setbacks: (a) Front yard: 100 feet or behind the building line of the building nearest the public or private street, whichever is less. (b) Minimum side yard: 20 feet. (c) Minimum rear yard: 25 feet. (d) To another building: 20 feet.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.