$575,000
$695,000
17.3%For more information regarding the value of a property, please contact us for a free consultation.
250 COOKSTOWN NEW EGYPT RD North Hanover Twp, NJ 08562
5 Acres Lot
Key Details
Sold Price $575,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1006520398
Annual Tax Amount $16,860
Tax Year 2018
Lot Size 5.000 Acres
Property Description
This property is zoned industrial/commercial. There are many diverse ways to invest in this property, possible rezone for residential or farming. It is a mercantile licensed property with rental units and farmland, it consists of one five unit apartment house, 2 units finished and rented, 6 ranch-style homes with full occupancy, one duplex with 2 units one rented the other owner occupied, and one cottage which is in need of TLC repairs. This property sits on 14.4 acres of land which can also be utilized for building single family homes, conversion into a horse farm, a small solar farm just as a few examples. Use your imagination in a number of ways to utilize this property. Land/building, farm or commercial. Take your pick. The owners have presently enjoyed this family owned property for over 75 years, they have taken advantage of the usage of low taxed farmland along with enjoying a lucrative income with rental properties some of which have resided over 25 years are still present. This property is on the edge of Burlington and Ocean Counties but situated in Burlington County tax records. Call for an appointment to take a look, bring your imagination or just enjoy the income as it stands. We welcome all interested parties.
Location
State NJ
County Burlington
Area North Hanover Twp (20326)
Zoning FARM
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Other
Cooling None
Flooring Tile/Brick, Carpet
Exterior
Garage Spaces 10.0
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Building
Lot Description Rural
Building Description Paneled Walls,Other, Refrigerator(s),Showers
Sewer On Site Septic
Water Well
Structure Type Paneled Walls,Other
New Construction N
Schools
School District North Hanover Township Public Schools
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Linda M Gregorowicz • Property Management Services of Burlington County