$11,000
Sold
Type:Purchase
Structure:Land
Zone:Residential

Description

Land Transfer Property (Mullica Township). The Pinelands has regulated property owners in the FAR Zone (Forest Zone). Total of 13.34 Acres. 4 Lots For Sale: Block 11118, Lots 1.01, 1.02, 4 and 5. These 4 parcels are not buildable by punitive Pineland Regs. The only use for these properties are for density transfer to the FARR Zone in Mullica Twp or Agriculture, or hunting. The FAR Zone is a (Sending Zone). FARR is a (Receiving Zone). The FAR onerous Sending Zone requirement to build 1 home is (25 contiguous acres). This collection of properties is only 13.34 acres and not contiguous, therefore not buildable. The only solution: The 4 land parcels need to be sent to the FARR Receiving Zone. Here are the rules to build in the FARR: need a minimum of 4 contiguous acres with a requirement of a total of 31 acres. For Example: If you owned 4 contiguous acres in the FARR, the additional 27 acres can come from the FAR Sending Zone. Example 2: If you owned 10 acres in the FARR, you would need 21 acres from the FAR to make your FARR property buildable. The Seller is making a very generous offering given the volume of acreage here and at a reasonable price. The owner has another parcel for sale that is in the FAR zone, its 3600 White Horse Pike, Mullica, its 13.11 acres. If you were to purchase all 5 parcels the total would be 26.57 acres. Call Today!

Location

Provident LegacyReal Estate Group
OR