Meg Richards - Coldwell Banker Hearthside
870 Harding Hwy
NEWFIELD, NJ 08344

Description

Opportunity abounds! Situated on over 8.6 prime acres in Franklin Twp, this unique property is zoned "Highway Commercial" and offers endless possibilities to the savvy investor, homeowner, builder, business-owner and/or gentleman farmer. There is value everywhere you look?from the 2200 sq ft residence, to the detached 3-bay industrial garage with its attached office space, to the currently leased farmland, this property offers the perfect venue for any person who would like to have a home or business with auxiliary income potential. Enjoy the ease and convenience of single-story living in this bright and sunny ranch home which features a cozy living room with brick fireplace, dining room, eat-in kitchen, 3 spacious bedrooms, attached 1-car garage and huge basement just waiting for your creative makeover. Make this home your own personal residence or utilize it as an income-generating residential investment property (home is currently rented for $1400/mo. on monthly lease). Neighboring the home is the industrial garage that features 3 separate, yet connected, bays with overhead doors, plus a recently remodeled office space with conference room and half bath(septic hookup needed). The entire building is forced-air heated and has running water and the separate out-building in front is ideal as a storage room, office, or workshop. Imagine the possibilities for the mechanic, contractor, distributor, landscaper, or car/boat/RV enthusiast. The lot boasts ample room for parking and its well-traveled location will provide high visibility to your business. Stretching across the wide expanse behind both buildings is cleared, registered farmland perfect for the gentleman farmer looking to put down new roots or simply seeking to reap the tax benefits of farmland assessment. Rather than allowing this land to lie fallow, the current owners annually rent this acreage to a neighboring farmer, though you may choose to plant your own crops, raise livestock, or use the entire lot for a new commercial purpose. What's more is that the property is sub-dividable adding an array of land use options! For the commercial investor, envision the possibilities for 8 acres of property in this prime location (on Rt. 40 with easy access to other major roadways). Consider the options for this site as the future home of any number of retail, dining, entertainment, professional and service operations. Call today! Photos coming soon!

Details

MLS#1005204277
StyleHouse
Sub-TypeResale
StatusActive
Year1973
Days On Site269

Features

Bed(s)3
Bath(s) 1 Full, 1 Half
SQ Feet2,276
Garage1
Acreage8.65

Market Activity 08344

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Area Information

StateNJ
CityNEWFIELD
Zip Code08344
AreaFranklin Twp (20805)
Community NameNONE AVAILABLE
School DistrictDELSEA REGIONAL HIGH SCHO SCHOOL
Middle SchoolDELSEA REGIONAL
High SchoolDELSEA REGIONAL
Listing VS Median (in NONE AVAILABLE)
Price:
$320,000
low | high
Med:
$209,900
84.40625% of Average
SqFt:
2,276
low | high
Med:
1,156
99.20913884007% of Average
$ / SqFt:
$141
low | high
Med:
$182
20.855211937716% of Average
On Site:
269
low | high
Med:
23
100% of Average
Listing Updated: 10/21/2018
MLS Number: 1005204277
Listing Provided By:
Teresa Vandenberg  of  BHHS Fox Roach-Washington-Gloucester

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