1505 Magnolia Avenue, Williamstown, NJ 08094

$40,000
Sold Price
$40,000
List Price
$44,900
Closing Date
May 27, 2021
Days on Market
21
Status
CLOSED
MLS#
NJGL273230
Lot Size (Acres)
0.33
County
Gloucester
School District
Monroe Township

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!

Additional Information

Area
Monroe Twp (20811)
Subdivision
Victory Lakes
HOA Fee
$210
HOA Frequency
Annually
View
Lake
Water
Public Hook-up Available
Sewer
Public Hook/Up Avail

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Joe Wiessner Realty LLC. Selling Office: .