$40,000
$44,900
10.9%For more information regarding the value of a property, please contact us for a free consultation.
1505 MAGNOLIA AVE Williamstown, NJ 08094
0.33 Acres Lot
Key Details
Sold Price $40,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Victory Lakes
MLS Listing ID NJGL273230
HOA Fees $17/ann
Annual Tax Amount $1,335
Tax Year 2020
Lot Size 0.328 Acres
Property Description
Is it Waterfront? Yes. Direct Waterfront to Sunset Lake. Is it buildable? Probably. This lot is likely a waterfront buildable lot. The Buyer will need to make application with the Williamstown Planning/Zoning and NJ Pinelands Commission to obtain a zoning permit. All costs associated with pursuit of the approval will be the responsibility of the Buyer. After a zoning permit has been issued to the Buyer, settlement would occur shortly thereafter. Located in the RG-MR Zone with public sewer, The minimum lot size without variance is 27,500 SQ FT. This lot is 84' x 170' or 14,280 SQ FT. The Buyer can purchase a 1/4 Pinelands Credit, by doing so, the bulk lot size can be reduced down to 10,000 SQ FT making this lot buildable. The cost of a 1/4 Pinelands credit is variable (most are typically between $7,500 to $9,000). The Buyer would need to negotiate and secure the credit from a willing Pineland Credit Seller. There's a list available for Pineland Credit Sellers. There are many lots that have similar attributes already built. The setbacks would conform to those that are already built. The subsequent Building Permit would be obtained by the Buyer after the property closed. Serviced by Public Sewer and Water. The Seller has already obtained from Williamstown MUA an acknowledgement letter stating that the lot has the capability to be connected to the public water system. Gorgeous scenery with abundant wildlife all around. Take the initiative, you can make this happen. I know that many of these land listings are pie in the sky, this one is not. This lot, with a little leg work, can make someone's dream come true. Empower Yourself. Live on the water. Call Today!
Location
State NJ
County Gloucester
Area Monroe Twp (20811)
Zoning RES
Exterior
Water Access Y
View Lake
Building
Lot Description Cleared, Front Yard, Level, Rear Yard, SideYard(s), Rural, Road Frontage
Sewer Public Hook/Up Avail
Water Public Hook-up Available
New Construction N
Schools
School District Monroe Township
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Daniel J Mauz • Keller Williams Realty - Washington Township