250 COOKSTOWN NEW EGYPT ROAD, NORTH HANOVER TWP, NJ 08562
Listing Presented By
Property Management Services of Burlington County
Apartmnt Bld,Commercial,Other,ResInvestmnt - NORTH HANOVER TWP, NJ
This property is zoned industrial/commercial. There are many diverse ways to invest in this property, possible rezone for residential or farming. It is a mercantile licensed property with rental units and farmland, it consists of one five unit apartment house, 2 units finished and rented, 6 ranch-style homes with full occupancy, one duplex with 2 units one rented the other owner occupied, and one cottage which is in need of TLC repairs. This property sits on 14.4 acres of land which can also be utilized for building single family homes, conversion into a horse farm, a small solar farm just as a few examples. Use your imagination in a number of ways to utilize this property. Land/building, farm or commercial. Take your pick. The owners have presently enjoyed this family owned property for over 75 years, they have taken advantage of the usage of low taxed farmland along with enjoying a lucrative income with rental properties some of which have resided over 25 years are still present. This property is on the edge of Burlington and Ocean Counties but situated in Burlington County tax records. Call for an appointment to take a look, bring your imagination or just enjoy the income as it stands. We welcome all interested parties.
Built In: 1018
Last Updated: January 2, 2017
Posted: August 6, 2016