NOT LISTED FOR SALE
3.75 Acres
-- Price per Acre
163,350 Sq Ft Lot

Last Sold August 25, 2022

Last sale price $700,000

322 Days on Market

About This Lot

As of August 2022

New ordinance adopted May 5, 2022 allowing additional uses including Flex Space. New ordinance is attached under document. Recently zoned for Self Storage. This # 1 Premiere CORNER Lot has total exposure! There is 335 foot of road frontage on Route 524, 381 foot of road frontage on Imlaystown-Hightstown Rd. 380 feet of road frontage on Allyson Way, which makes this the most desirable high visibility lot in the commercial subdivision. This 3.75 Acre lot is approved for Gas Station w/Convenience store, drive thru fast foods, self storage, distilleries and breweries, flex space and much more. County had previously proposed traffic signalization for the intersection of Route 524 & Imlaystown - Hightstown Rd. A Tractor Supply Store is operating on the opposite corner of the intersection

Last Listed By

Doug Walsh

Berkshire Hathaway HomeServices Fox & Roach - Perrineville License #0894470 Listed on: 04/07/2022

Berkshire Hathaway HomeServices Fox & Roach - Perrineville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $76

Lot Details

  • 3.75

Utilities

  • Underground Utilities
  • Electricity To Lot Line
  • Gas Available
  • Gas Available at Street
  • Well Required
  • Septic Needed
  • Cable TV Available

Additional Features

  • Electricity Available at Street
  • 3.75 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 51-00015-0000-00037-06-QFARM

Property Details

Property Type

Land

Est. Annual Taxes

$76

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • ResoLotFeatures: Finished Road
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 3.75
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • WaterSewer Septic - Needed: Yes
  • WaterSewer Well - Needed: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Cable On Site: Yes
  • WaterSewer Storm Sewer: Yes
  • Electric Underground4: Yes
  • Cable Underground3: Yes
  • Special Features: None

Exterior Features

  • Acres: 3.75
  • Waterfront: No

Lot Info

  • Lot Size Sq Ft: 163350.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 51-00015-0000-00037-06-QFARM
  • Zoning Description: Retail, Professional, Mixed, Commercial, Central Business
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 80.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Ufs Group Llc
Bought by
Ufs Group Llc and Orloff
Total Days on Market
322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,196,480
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2022
Closed on
Aug 24, 2022
Sold by
Robert Paul Eugene
Bought by
Ufs Group Llc
Seller's Agent
Doug Walsh
Berkshire Hathaway HomeServices Fox & Roach - Perrineville
Buyer's Agent
Barbara Buniak
Four Winds Realty, LLC
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ufs Group Llc -- None Listed On Document
Ufs Group Llc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ufs Group Llc $1,200,000
Previous Owner Ufs Group Llc $780,000
Previous Owner Ufs Group Llc $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $700,000 0.0% --
06/03/2022 06/03/22 For Sale $700,000 0.0% --
06/03/2022 06/03/22 Pending -- -- --
11/15/2021 11/15/21 Price Changed $700,000 -12.5% --
07/16/2021 07/16/21 For Sale $800,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $76 $3,600 $3,600 $0
2023 $76 $3,400 $3,400 $0
2022 $80 $3,300 $3,300 $0
2021 $80 $3,300 $3,300 $0
2020 $80 $3,300 $3,300 $0
2019 $79 $3,300 $3,300 $0
2018 $80 $3,300 $3,300 $0
2017 $77 $3,200 $3,200 $0
2016 $78 $3,300 $3,300 $0
2015 $77 $3,300 $3,300 $0
2014 $77 $3,300 $3,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22123285

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 51-00015-0000-00037-06-QFARM