House Description

This is a gorgeous 15.2 acre lot on Shagbark Lane in Readington Township. It is very close to Route 78 and has easy access to either exit 24 or 26. The subdivision was finalized quite some time ago and percolation tests and soil logs were performed and approved as required prior to the sub-division. It has an approved and improved long gravel drive that overlooks a lake. It has a 65,000 square foot building envelope at the highest point of the lot surrounded by gorgeous mature hardwoods. This property is held by an estate and unfortunately the previous owner never got to build their dream home. There are advanced conceptual drawings that are close to completion that can be provided at no cost. Approved sets for permitting and construction would need to be negotiated with the architect. The is a conservation easement regarding a buffer along the lake and a buffer along an intermittent drainageway. These conservation easements are well clear of the approved building envelope. There is no flood hazard zone or flood insurance required regarding the established building envelope. The property is currently in the forest management program which radically reduces the current property taxes. It would be in the interest of the end user to keep it in this program. This is an unique opportunity to build a dream home on a large protected building lot along a quiet cul-de-sac with only two other homes and no further development potential.

Highlights

Listed by CHRISTOPHER EMMET II , MP COLDWELL BANKER REALTY , 908-754-7511. Garden State MLS

Property Type

Vacant Land

Lot/Acreage

15.2

County

Hunterdon

Listing ID

4041420

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Payment Breakdown

Principal Interest

$2,544

Taxes

Home Price

$499,900

Home Price

Loan Details

30 yrs

6.562%

Interest Rate

Loan Type

Down Payment

20%

$99,980

Down Payment

Down Payment %

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Monthly Price:

$2,544.09

Principal

Taxes