Address
157 Route 520 Marlboro, NJ
Price
$ 4,750,000
Property Attributes
  • ML#21937397
  • TypeLand
  • CountyMONMOUTH
  • CityMarlboro
  • AreaMarlboro
  • Zip07746
  • StyleResidential Land
  • Price$ 4,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size26.4 Acres
Listing Provided Courtesy Of:
Iris Lurie, C21/ Mack Morris Iris Lurie
Property Description

A rare find....26.4 acre Parcel in Marlboro adjacent to Cannon Hills. Looking at the map it seems to be a ''clean'' piece. Owner had pre-approvals but they have since lapsed. Can be a 5 lot subdivision for custom homes with a 5 acre minimum. As per township, a cluster provision would allow homes on this lot at 55,000 sq. ft. lot minimum if a percentage of the land is left for open space. Lots are located close to major roads for commuting and is convenient for shopping. Seller will allow a due diligence time frame. Now zoned Farm. Taxes would have to be reassessed and there is a 5 year rollback on the taxes.

Price History
9/11/2019 Listed $4,750,000

General Features

Days on Market 495
Electric Near By
Location Near Parkway Access
Property Type C
Status Active
Subdivision None
Tax Year 2018
Type Residential Land
Zoning Cluster, Mixed, Multi-Use, Residential

Interior Features

Gas Near By

Exterior Features

Acreage 26.40
Lot Description Level, Possible Subdivision
OUT BUILDINGS None
Water/Sewer Septic - Needed, Well
Waterfront No
Waterview No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07746

Price
AVG $1.25M
$4.75M
Visits
AVG 218
571

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