$79,000
0 Bray Avenue, Middletown Township, NJ
- N/A
- N/A
- 8,382 SQFT
Middletown NJ | Vacant Lot | Investment Opportunity
Residential corner lot available in North Middletown, NJ, zoned R-5 residential. This 127′ x 66′ property at South End & Bray Avenue offers flexibility for development or long-term appreciation. Investors can explore various potential uses. The lot includes 20% DEP wetlands and 90% estuarine and marine wetlands, requiring approvals to build, which is reflected in the competitive pricing. When researching the location of the lot, search 56 Day Avenue, North Middletown in google then the lot is directly to the right if your looking at the birds eye view map.
Property Highlights
Vacant Land
Lot Size: 127′ x 66′ (8,382 sqft)
Zoning: R-5 Residential
After Build Value (ABV): $775K–$850K
Taxes: $1,639 annually
No HOA
Zoning & Buildability
Minimum Lot Area for Corner Lots: 6,000 sqft (Compliant)
Building Setbacks (R-5 Residential):
Front: 20 ft
Side: 7 ft
Street Side: 10 ft
Rear: 20 ft
Street Rear: 20 ft
Lot Coverage Limits:
Buildings: Max 35%
Total Coverage: Max 40%
Building Height Limit: 2.5 stories / 35 ft
Minimum Gross Floor Area: 800 sqft
Minimum First Floor Area: 700 sqft
Investment Potential
This North Middletown lot presents an opportunity for investors looking to develop or land bank. The corner location provides visibility and accessibility, while the growing local market enhances long-term value. Building approvals will be required due to existing wetlands, making this a well-priced option for investors familiar with the approval process.
SOLD COMPS
63 Day Avenue , Middletown, NJ – SOLD $165K (9,000 sqft)
CALL OR TEXT NICK WALSH AT 908-499-9128 IF YOU HAVE QUESTIONS OR WOULD LIKE TO KNOW HOW TO MOVE FORWARD