What is the cost of a buildable lot in Colts Neck, New Jersey? Land Value
What is the cost of one buildable lot in Colts Neck, New Jersey (zipcode 07722)?
It's been a long time since a real estate broker could say "dirt is cheap." Consider that developers were buying one acre (that is the minimum size in Colts Neck) for $700,000 to $750,000 at the apex of the market.
Colts Neck land values, like every other real estate investment, are affected by location. One offering today boasts a 1.25 acre lot on a cul-de-sac that backs up to a farm for $445,000. Another parcel measuring 4.7 acres is offered at $699,500.
Now consider in New Jersey for a landowner to qualify for a farm (lower property taxes) that a minium acreage consists of five acres. If you'd like additional information on Colts Neck land values (closing sales) and current prices, please call me at (732) 580-0822. Or email me at alenza@weichert.com.
Call (732) 946-9400 or E-MAIL ANDREW.
Andrew J. Lenza, ABR GRI MBA Broker Associate
Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733
Office (732) 946-9400 and Mobile (732) 580-0822
(c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved