176 Gunning River RdBarnegat Township, NJ 08005

For Sale
$799,995

5.5 Acres, Mixed-Use Potential, NJ

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Location Insight

City
Barnegat Township
County
Ocean
State
New Jersey
Latitude
39.7532629
Longitude
-74.236766
176 Gunning River Rd, Barnegat Township, New Jersey

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176 Gunning River Rd
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