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$ 1,499,999
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610 E Bay Avenue Manahawkin, NJ 08050
5.06 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Municipality Stafford (STA)
Subdivision Stafford Twp
MLS Listing ID 22623803
Annual Tax Amount $6,851
Tax Year 2025
Lot Size 5.060 Acres
Acres 5.06
Lot Dimensions IRR
Property Sub-Type Residential Land
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Exceptional Development & Investment Opportunity! Unlock the potential of this rare, fully approved 10-townhome development in a highly desirable location with outstanding upside. Whether your strategy is to build and sell, hold as a long-term rental portfolio, or create a combination of both, this project offers exceptional flexibility and strong income potential.
The approved plans feature:
4 End-unit Townhomes: 3 Bedrooms, 2.5 Bathrooms, 1 Car Garage. 6 Interior-unit Townhomes: 2 Bedrooms, 2.5 Bathrooms, 1 Car Garage
Each unit has the potential to be individually deeded, providing the opportunity for separate resale or maximizing long-term rental income in today's high-demand housing market. Perfectly positioned just minutes from everyday conveniences including shopping, restaurants, fitness centers, banking, healthcare, and major employers. Enjoy being only 10 minutes from the beautiful beaches of Long Beach Island, while major retailers such as Costco, Target, Walmart, Best Buy, Lowe's, and Home Depot are all within a short drive.
Commuters and investors alike will appreciate the excellent regional access, located approximately 90 minutes to New York City, 1 hour to Philadelphia, and just 30 minutes to Atlantic City.
With limited new construction inventory and continued demand for quality housing, this shovel-ready project presents an outstanding opportunity to capitalize on today's market. Whether you're looking to build a profitable for-sale community, establish a premium build-to-rent investment, or create a long-term income-producing asset, opportunities like this are becoming increasingly difficult to find.
The approved plans feature:
4 End-unit Townhomes: 3 Bedrooms, 2.5 Bathrooms, 1 Car Garage. 6 Interior-unit Townhomes: 2 Bedrooms, 2.5 Bathrooms, 1 Car Garage
Each unit has the potential to be individually deeded, providing the opportunity for separate resale or maximizing long-term rental income in today's high-demand housing market. Perfectly positioned just minutes from everyday conveniences including shopping, restaurants, fitness centers, banking, healthcare, and major employers. Enjoy being only 10 minutes from the beautiful beaches of Long Beach Island, while major retailers such as Costco, Target, Walmart, Best Buy, Lowe's, and Home Depot are all within a short drive.
Commuters and investors alike will appreciate the excellent regional access, located approximately 90 minutes to New York City, 1 hour to Philadelphia, and just 30 minutes to Atlantic City.
With limited new construction inventory and continued demand for quality housing, this shovel-ready project presents an outstanding opportunity to capitalize on today's market. Whether you're looking to build a profitable for-sale community, establish a premium build-to-rent investment, or create a long-term income-producing asset, opportunities like this are becoming increasingly difficult to find.
Location
State NJ
County Ocean
Area Manahawkin
Building/Complex Name Stafford Twp
Direction Parkway Exit 63 to East Highway 72, Left on E Bay Way # 610.
Exterior
Private Pool No
Building
Lot Description Level, Cleared, Multi-Lot Subdivision
Schools
Middle Schools Southern Reg
High Schools Southern Reg
Others
Senior Community No
Tax ID 31-00226-0000-00001-01
Listed by RE/MAX Revolution