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
Status
ACTIVE
Days on Market
0
MLS#
22633329
Subtype
Residential
Style
Raised Ranch
Year Built
1965
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,431
Acres
2.75
Subdivision
Friendship Ests
Neighborhood
Friendship Ests
MLS Area Major
Howell (HOW)

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

Taxes
$7,130
Property Description
Raised Ranch
Zoning
Residential
Flooring
Ceramic Tile, Wood
Air Conditioning
None
Stories
1
Roof
Shingle
Garage Spaces
2
Elementary School
Aldrich
Middle School
Howell South
High School
Howell HS

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

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