For Sale
$400,000

80 New Egypt Cookstown RdPlumsted, NJ 08533

Plumsted, NJ gem: Approved plans, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use property at 80 Maple Avenue in Plumsted Township, New Jersey, presents a unique redevelopment opportunity near Joint Base MDL. The 43,264 square foot lot houses a 1925 building with approved plans and secured variances for a lucrative mixed-use project. The existing structure offers a canvas for a dynamic vision, encompassing both commercial and residential spaces. The first floor is designed for four spacious commercial units, perfectly suited for a variety of businesses within the C-4 zoning district. Large storefront windows ensure high visibility and attract significant foot traffic, complemented by ample parking for tenants and customers. Upstairs, three generously sized three-bedroom apartments provide ideal living spaces for renters. This property offers a significant advantage with its pre-approved plans, minimizing delays and maximizing return on investment. Whether your focus is on generating rental income from the apartments or capitalizing on the demand for commercial space in this thriving area, 80 Maple Avenue presents a compelling investment opportunity. The property is offered as an LLC ownership and is priced at $400,000. The total square footage is estimated between 3,000 and 6,000 square feet. This is a chance to transform a prime location into a highly profitable venture.

Property Details for 80 New Egypt Cookstown Rd

Property type
Mixed-use properties
Square Feet
3,000 SF
Year Built
1925
Units
1

Location Insight

City
Plumsted
County
Ocean
State
New Jersey
Latitude
40.063484744268
Longitude
-74.541348570577
80 New Egypt Cookstown Rd, Plumsted, New Jersey

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80 New Egypt Cookstown Rd
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