
Description
Are you an Investor looking for the potential of a lucrative investment? This property could be for you. The property currently has a home on it, backs to picturesque East Creek and is nearby the Henry Hudson Trail. Union Beach Township is in the process of procuring the property through Eminent Domain for a flood control project to be built by the Army Corps of Engineers. An Investor could hold the property until the Township offers Fair Market Value for it. On the other hand, if the Army Corps of Engineers disapproves of the site, then no Eminent Domain will take place; and the Buyer can research developing the property. Risks are inherent with this purchase, and the Buyer is advised to conduct his/her due diligence.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Are you an Investor looking for the potential of a lucrative investment? This property could be for you. The property currently has a home on it, backs to picturesque East Creek and is nearby the Henry Hudson Trail. Union Beach Township is in the process of procuring the property through Eminent Domain for a flood control project to be built by the Army Corps of Engineers. An Investor could hold the property until the Township offers Fair Market Value for it. On the other hand, if the Army Corps of Engineers disapproves of the site, then no Eminent Domain will take place; and the Buyer can research developing the property. Risks are inherent with this purchase, and the Buyer is advised to conduct his/her due diligence.
© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Flagship Properties Group | Keller Williams Shore Properties. Data last updated 2023-03-28T23:20:00.903.