Listed by Sitar Realty Company Iselin
$849,000
45 Ridge Avenue
Details
Property Type Multifamily, Land
Sub Type Commercial, Apartment Building
Units 13
Stories 2
Acreage 0.670
Zoning R-4 Medium Density Residential Zone
Investment Type Redevelopment
Multifamily | 13 Units
Marketing description
Redevelopment opportunity in R-4 zone
Located in Neptune City with close proximity to major roadways such as Route 35 and Route 33, as well as easy access to the Garden State Parkway and Route 18.
Investment highlights
- Concept plans include 13-unit, 2 story apartment building, 10 townhomes & 4 single family homes.
- Located within the R4 Medium Density Residential Zone. Permitted uses include community shelter, single family residence, park, place of worship, recreational facility, and private or public elementary, middle or high school. Conditional uses include assisted living facility and community center
- Property tax $18,742 (2025)
Listing Contacts
Listed by Sitar Realty Company Iselin
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