Development Opportunity near downtown and convenient to everything. Freehold has confirmed that this property contains 4 lots (Block 103/Lots 17, 28,28,29 and 16.01). This is not in a flood zone. R-5 Zone allows 50-foot width, 6000sf lot size, 40% total lot coverage. One plan might be to create three 65 x 240 lots on Park Ave. Another would be to use lots as they exist and create an entry to the rear lot by using the middle (Lot 29). (or maybe apply for variance to have three 50 foot and one 45-foot lots--all with frontage on Park Avenue). Consider the possibilities., check the attached documents. Current structure, which is a single level Ranch with basement. There may be potential to use or rent it while applying for variance(s). Buyer responsible for C/O.
