Williamstown, NJ 08094,1505 MAGNOLIA AVE
Williamstown, NJ 08094,1505 MAGNOLIA AVE
Williamstown, NJ 08094,1505 MAGNOLIA AVE
$40,000
Est. payment /mo
$44,900
10.9%
Est.Price: ?

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0.33 Acres Lot
SOLD DATE : 05/27/2021

Key Details

Sold Price $40,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Victory Lakes

MLS Listing ID NJGL273230

Sold Date 05/27/21

HOA Fees $17/ann

HOA Y/N Y

Originating Board BRIGHT

Annual Tax Amount $1,335

Tax Year 2020

Lot Size 0.328 Acres

Acres 0.33

Lot Dimensions 84.00 x 170.00

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!

Location

State NJ

County Gloucester

Area Monroe Twp (20811)

Zoning RES

Exterior

Waterfront Y

Water Access Y

View Lake

Garage N

Building

Lot Description Cleared, Front Yard, Level, Rear Yard, SideYard(s), Rural, Road Frontage

Sewer Public Hook/Up Avail

Water Public Hook-up Available

New Construction N

Schools

School District Monroe Township

Others

Tax ID 11-09507-00010

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Joseph Wiessner • Joe Wiessner Realty LLC
Bought with Daniel J Mauz • Keller Williams Realty - Washington Township

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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