3600 White Horse Pike

    HAMMONTON, NJ 08037
    • $34,900
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: NJAC111310
    UPDATED: 94 min ago
    $34,900
    • 0
      BEDS
    • 13.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Information

    Elementary School:
    Middle School:

    Description

    5 Lots in the Mullica FAR Zone totaling 26.57 Acres. Land Transfer Property (Mullica Township). We know this is difficult to follow but we'll guide you through it, All 5 properties can be used for 1 of 3 uses: hunting, agriculture, or density transfer. It is likely that density transfer would be the most likely use. The Pinelands has implemented onerous regulation severely limiting the land's potential in the FAR zone. There's two tracts, the first tract is the White Horse Pike tract with 13.23 acres - Block 2905, Lot 4. The second tract is the Reading Ave Tract with a total of 13.11 Acres encompassing 4 Lots. These include Block 11118, Lots 1.01, 1.02, 4 and 5. Here's where it get a little tricky, please read and absorb the next few sentences. FAR Zone is a (Sending Zone). FARR is a (Receiving Zone). The FAR Sending Zone requirement to build 1 home is (25 contiguous acres). This collection of properties is 26.57 acres and not contiguous, therefore not buildable. The only solution: The 5 land parcels need to be sent to the FARR Receiving Zone. The rules to build in the FARR: need a minimum of 4 contiguous acres with a requirement of a total of 31 acres. For Example: If you owned 4 contiguous acres in the FARR, the additional 27 acres can come from the FAR Sending Zone. Example 2: If you owned 10 acres in the FARR, you would need 21 acres from the FAR to make your FARR property buildable. These are the rules of the game right now. The Seller is making a very generous offering given the volume of acreage here and at a reasonable price. Total Taxes (+/-) are $1,500 for all 5 lots. Agriculture is an a possible use for property in the FAR Zone. Call Today!

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-09-14T23:52:02.287.
    www.eriksells.com/homes/98257263

    3600 White Horse Pike HAMMONTON, NJ 08037

    • Price: $34,900
    • Status: Active
    • Updated: 94 min ago
    • ID#: NJAC111310
    0
    Beds
    0
    Baths
    0
    ½ Baths
    13.23
    Acres
    Neighborhood:
    Mulica Twp (20117)
    County:
    Atlantic
    Area:
    Mulica Twp (20117)
    Elementary School:
    Mullica Township
    Middle School:
    Mullica Twp. M.S.
    High School:
    Mullica Twp. Primary School
    School District:
    Mullica Township Public Schools
    Property Description
    5 Lots in the Mullica FAR Zone totaling 26.57 Acres. Land Transfer Property (Mullica Township). We know this is difficult to follow but we'll guide you through it, All 5 properties can be used for 1 of 3 uses: hunting, agriculture, or density transfer. It is likely that density transfer would be the most likely use. The Pinelands has implemented onerous regulation severely limiting the land's potential in the FAR zone. There's two tracts, the first tract is the White Horse Pike tract with 13.23 acres - Block 2905, Lot 4. The second tract is the Reading Ave Tract with a total of 13.11 Acres encompassing 4 Lots. These include Block 11118, Lots 1.01, 1.02, 4 and 5. Here's where it get a little tricky, please read and absorb the next few sentences. FAR Zone is a (Sending Zone). FARR is a (Receiving Zone). The FAR Sending Zone requirement to build 1 home is (25 contiguous acres). This collection of properties is 26.57 acres and not contiguous, therefore not buildable. The only solution: The 5 land parcels need to be sent to the FARR Receiving Zone. The rules to build in the FARR: need a minimum of 4 contiguous acres with a requirement of a total of 31 acres. For Example: If you owned 4 contiguous acres in the FARR, the additional 27 acres can come from the FAR Sending Zone. Example 2: If you owned 10 acres in the FARR, you would need 21 acres from the FAR to make your FARR property buildable. These are the rules of the game right now. The Seller is making a very generous offering given the volume of acreage here and at a reasonable price. Total Taxes (+/-) are $1,500 for all 5 lots. Agriculture is an a possible use for property in the FAR Zone. Call Today!
    Exterior Features

    Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Property Features

    Acceptable Financing CashConventional Assessment Year 2018 Association YN No Central Air YN No Construction Completed YN No Current Use Vacant Navigable Water YN N New Construction YN No Original MLSNumber 301987168149 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer No Septic System Tax Annual Amount 1500.0 Tax Assessment Amount 38000.0 Tax Lot 00004 Vacation Rental YN No Water Source None Zoning Far Zoning Description Far Equals The Sending Zone in Mullica Twp. These Must Be Sent To The Farr Zone.

    Listing courtesy of Joe Wiessner Realty Llc.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-09-14T23:52:02.287.
     
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