140 Gunning River Road, Bernegat NJ
We are pleased to present to you this opportunity to purchase this 46.91 acre assemblage located in Barnegat, Ocean County, NJ. The proposed uses consist of 112 single family building lots or 251 attached residential units plus 53,300 sf of retail space.
Ocean County is a blend of commercial and residential uses, it is among the fastest growing counties in the State. The growing older population should serve to maintain demand in the county for both residential and commercial uses. Ocean County’s economic base has become diverse, with a variety of industries now supplementing traditional tourism-related businesses. Recreation is abundant with first class parks, four public golf courses, Six Flags Great Adventure, the Pine Barrens and Hurricane Harbor. The Jersey Shore consists of approximately 45 miles within the County. There are two oceanfront boardwalk resorts in Seaside Heights and Point Pleasant Beach. It is also home of the Tuckerton Seaport, a 40 acre maritime history village and the Lakewood Blue Claws, a Class A affiliate of the Philadelphia Phillies.
The property is located within the (R20) Rural Residential Zone and (C-N) Neighborhood Commercial Zone. Permitted uses within the R20 zone include detached single-family dwellings, municipal offices, fire rescue stations, public schools and colleges, parks and preserves, museums, libraries. Permitted uses within the C-N zone include retail, business and professional offices, automotive filling stations, day nurseries, parks and preserves, public or municipal agencies, restaurants, bed and breakfast inns, ambulance dispatch services, single family homes.
Conveniently located 1 mile from the Garden State Parkway, 18 minutes from Long Beach Island, 30 minutes from Lavalette, 30 minutes from Seaside Heights, 35 minutes from Belmar, 36 minutes from Point Pleasant, 40 minutes from Atlantic City.
- Offering: $5,900,000