Sold 9/9/2016
Lots and Land

The owner has received major subdivision approval for three residential buildings lots each having a dimension of 50' along County Road 563 and a depth of 75' (3,750 SF each; the plan provides for the 3 lots and resulting land to be retained by the owner. Owner is in the process of perfecting the major subdivision. Owner may allocate a pre-determined amount of the list price to raze the existing school building, address any environmental issues and effectively have the site "shovel ready" for construction of the three residential homes. It is estimated all issues to be resolved and allowing residential construction to commence in summer 2015. EXISTING SCHOOL BUILDING SHALL BE DEMOLISHED.

Property Details
  • Margate City
    school district
  • 6593558
School district: Margate City
Lot acreage is: 0.25
Level lot
Lot zoned: S25
Public sewer
Public water
Septic system
Property style: 1
Tax year: 2015
Courtesy of:
Budd Realty Inc

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0 JEROME Avenue, MARGATE CITY, NJ 08402 lots and land was sold for $600,000.
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Data last updated: 8/19/2018.