62 Friendship Road, Howell, NJ 07731

$1,199,000
3
BD
2
BA
1,431
SqFt

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List Price
$1,199,000
Days on Market
5
Status
ACTIVE
MLS#
22633329
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,431
Lot Size (Acres)
2.75
Style
Raised Ranch
Year Built
1965
County
Monmouth
Taxes
$7,130
Office ID
3906

Property Description

Attention builders, developers, and land investors! This rare, oversized 2.75 acre hilltop parcel offers exceptional development potential in one of Howell Township's most desirable residential pockets Situated in the R-3 residential zone, this sprawling tract features prime topography for a premium multi-lot subdivision or a custom luxury estate footprint. The surrounding neighborhood supports strong end-user demand for high-end residential builds. The property currently features a 1965 3-bedroom, 2 bathroom brick ranch. The home is being sold strictly "as-is" with no representations or warranties made by the seller regarding its condition. The true asset and value of this offering lie entirely in the underlying acreage. House could be habitable for potential rental income during approval process. All feasibility studies and municipal subdivision approvals from Howell Township are the sole responsibility and cost of the purchaser. The land can yield three (3) lots and possibly four (4) with a fully conforming sub-division. Closing on the property to take place once a short due diligence is completed. The grounds can be walked safely with a licensed real estate agent via an active appointment scheduled through Showing Time. Serious buyers looking to preview the interior structure must coordinate directly with the listing agent. Bring your architect, your builder, and your vision to secure this high-upside investment. Note: Gas, water, sewer and electric all present in the street.

Additional Information

Area
Howell (HOW)
Subdivision
Friendship Ests
Stories
1
Taxes
$7,130
Elementary School
Aldrich
Middle School
Howell South
High School
Howell HS
Fireplaces
1
Flooring
Ceramic Tile, Wood
Garage
Yes
Garage Spaces
2
Cooling
None
Roof
Shingle
Sewer
Septic Tank

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Listing courtesy of Berkshire Hathaway HomeServices Fox & Roach - Holmdel. Contact: