Welcome to an exceptional investment opportunity in the heart of Farmingdale, NJ. This remarkable 53-acre parcel of land boasts a coveted residential/agricultural zoning, presenting endless possibilities for development. Featuring a potential 3-acre subdivision, a thriving nursery, and a picturesque pond, this property offers a harmonious blend of natural beauty, convenience, and investment potential. The location of this property is unparalleled, with close proximity to excellent school systems, convenient shopping options, and efficient transportation networks. Whether you envision developing a thriving residential community, expanding an existing agricultural enterprise, or embracing the serenity of country living, this 53-acre parcel of land is an exceptional investment opportunity.
Vacant landProperty Type
53 acresLot Size
$66,038Price/Acres
Listed by Roman Balandin Realty Balandin• Roman Balandin Realty LLC
The purpose of the ARE-3 Zones is to minimize the impacts of development in areas located outside of the centers identified in the Townships Master Plan. The goals include preservation of rural and agricultural uses and preservation of rural character. Many areas include significant environmental constraints, including wetlands, floodplains, rare and endangered species habitats, aquifer recharge areas and high-quality watersheds.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Fire house
Police station
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
6/10 Wind Factor
69% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Farmingdale, NJ • 07727
Average low and high temperatures (°F)
36
22
40
24
56
36
64
44
71
53
82
62
86
68
80
60
77
59
68
46
57
38
43
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 51 Asbury Rd
$3,195,987
$304K under list price of $3.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $475K to $1.1M.