Property Description

The property is located on the busy Black Horse PIke adjoining Summerfields at Friendly Village. Much growth has been seen in Williamstown with Walmart, Applebee’s now open, new over 55 Subdivision’s , wineries and more…The property also has four double sided billboards which are on a structure not owned by the Seller and this generates some income to the Seller. The Billboard company pays the taxes on the billboards which are seperate from the real estate taxes on the ground. It is located in the RGC Zone- Regional Growth Commercial and the rear of the land is zoned RD-RR-Rural Development Residential Receiving. The income from the billboards si $ 5,175 and the RE taxes on the Billboard structure is $2975 paid by the Billboard company and the NJ permit is also paid by the billboard company. The Seller has not increased the rent for the Billboard in the last 10 years and there is the possibility that the new owner may do that if they choose. The structure the billboards sit on is owned by the Billboard company and the possibility exists that if the new owner does not want to continue with the rental situation the structure may be removed. There are many opportunities with this land and it is located in the Pinelands and all approvals for change would need to be approved by the Pinelands and also Monroe Twp.

Features
: Street, Trees/woods
N
N
: Road Frontage, Other
N
Address Map
S
Take Rt. 322 ( Black Horse Pike) past Friendly Village to property on right.
MLS Addon
Annually
Annually
MONROE TOWNSHIP PUBLIC SCHOOLS
$4,153
2020
COMMERCIAL
: Land/lot Only, Other, Commercial
: No Septic System
: Well Required
N
$0

Land For Sale

Lot 1 BLACK HORSE PIKE, WILLIAMSTOWN, New Jersey 08094

13.35 Acre
$115,000
Listing ID #NJGL274130
Basic Details
Property Type : Land
Status : ACTIVE
Listing ID : NJGL274130
Price : $115,000
Lot Area : 13.35 Acre
Price Per SQFT : $0
Lot SQFT : 581,526 Sqft
Ownership Interest : Fee Simple
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