68 Lounsberry Hollow Rd, Vernon Twp., NJ 07461

Property Description

Ideal for builders, investors, or end-users seeking a value-driven opportunity to create a custom home in an established setting. Buildable Lot with Existing Well & Septic ?Value Opportunity to own the remaining parcel from a three-lot subdivision originally developed by the same builder of 66 and 70 Lounsbury Hollow Rd. Both were improved with 4-bedroom homes; subject property remains vacant and includes an existing 4-bedroom septic system and residential water well, previously installed by the developer. Historical permits for these improvements have been issued and expired over time; documentation is available for review. Being offered at a competitive price, reflecting that buyers are responsible for conducting their own due diligence and determining the current condition, location, and compliance of all improvements, as well as any approvals required for future construction. For context, similarly sized lots but flat with active approvals and defined building envelopes in the surrounding area (07422) are marketed at significantly higher price points ($150,000.00) Buyer to verify all information with local authorities regarding permits, zoning, and usability for future construction. Important Notes for Buyers being sold as-is with respect to approvals of existing improvements. Buyers are encouraged to perform their own due diligence regarding permits and system viability. Seller prefers non-contingent offers, contingencies may be considered at a significantly higher price.