$800,000
$850,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
8.77 Acres Lot
SOLD DATE : 03/16/2022
Key Details
Sold Price $800,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID NJBL2009700
Sold Date 03/16/22
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $30
Tax Year 2021
Lot Size 8.770 Acres
Acres 8.77
Lot Dimensions 0.00 x 0.00
Property Description
In Moorestown, NJ thirty minutes from Center City Philadelphia this fully-approved, pristine wooded lot fully embraces the country-road character of quaint Garwood Road with its fresh air, low traffic, and calming quiet. [This improved building lot lies adjacent to 699 Garwood Road (Block 7000, Lot 23.03) another improved, wooded parcel also available for sale]. The natural setting of this property that contains a softly flowing, high bank stream that is Swede's Run attracts an array of wildlife, enjoyable in every season. A future home would set-back down a winding driveway approximately 300 feet from the road (with 400+ foot road frontage) in relative privacy provided by a 100% natural backdrop of nearly 800 feet behind the home. Currently enjoyed and easily managed as a tree farm, the lot may retain its NJ farmland/forestry management status (for all but 1.5 acres --the zone's minimum lot size for a residence) at the future homeowner's discretion. Such farmland classification will allow for continued easy operation as a gentleman's farm for the future homeowner at a reduced property tax rates, if desired. Currently, this property carries property tax of approximately one-hundred dollars per year in its current configuration as a registered tree farm. Lot is NOT sub-dividable. The lot stands directly across the road from the Ester Yanai Preserve, a Moorestown Open Space tract that guarantees a continued unspoiled vista and an additional 34 acres of permanent open-space woods available to explore. Located in a highly desirable area of upscale homes, friendly neighbors, and Blue Ribbon schools, improved land of this quality rarely becomes available in this desirable South New Jersey township. This estate-worthy property is beyond shovel-ready as the property carries all entitlements required to immediately submit building plans today, including: Public water (installed with meter), Gas (installed by PSE&G), NJDEP wetlands delineated and all environmental (NJDEP) permit approvals obtained, waste disposal design for five bedroom home approved and filed (Burlington County, NJ). The property has few, if any comparables on or off the market, in all of Moorestown. Preliminary site plan for 6,800+ square foot home available for review upon request.
Location
State NJ
County Burlington
Area Moorestown Twp (20322)
Zoning RES
Exterior
Utilities Available Water Available, Above Ground, Cable TV Available, Natural Gas Available
Water Access N
View Water
Road Frontage Boro/Township
Garage N
Building
Lot Description Rural
Sewer Approved System, Septic < # of BR
Water Public
Schools
Elementary Schools Moorestown Upper Elem
Middle Schools Wm Allen Iii
High Schools Moorestown
School District Moorestown Township Public Schools
Others
Tax ID 22-07000-00023 02-QFARM
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Denise Giannone • RE/MAX Preferred - Medford