123 XYZ St, Edison, NJ 08820

A rare and compelling real estate opportunity presenting significant value-add potential for the discerning investor or end-user. The existing residence spans just under 2,100 square feet and is situated on half an acre lot — a footprint that commands attention in today's market.

The seller previously secured approved plans to construct a 4,800 square foot residence on this lot. Those plans expired last year and are eligible for resubmission, providing an incoming buyer with a well-defined path toward maximizing the property's full development potential. A formal appraisal report has assessed the After Repair Value at $2,000,000 – $2,200,000 under current market conditions, underscoring the depth of opportunity this asset presents.

Considerable infrastructure work has already been completed, meaningfully reducing future renovation costs. The basement has been fully framed with bathroom plumbing already roughed in, and the property features updated electrical throughout — critical improvements that provide a strong foundation for any scope of renovation or new construction.

The exterior is equally impressive. The nearly half-acre lot offers an in-ground pool, a full irrigation system, a detached garage, a detached shed, and an attached two-car garage — a combination of amenities that is difficult to replicate at this price point.

Whether the objective is to renovate and stabilize the existing structure, resubmit the prior approved plans and build to the full 4,800 square foot vision, or acquire a well-positioned asset in a strengthening market, this property offers a level of flexibility and upside that is rarely available. A formal appraisal, infrastructure already in place, and nearly half an acre of land make this an opportunity that warrants serious consideration.