Monmouth County, Atlantic Highlands, NJ 07716

Atlantic Highlands, NJ 07716! Development Opportunity! ARV $1.775M! Asking $420K CALL DOMINIQUE OR SEND A TEXT FOR MORE INFO [contact details hidden]. CALL TO SCHEDULE A WALKTHROUGH Outstanding development opportunity in the heart of Atlantic Highlands! Located in the business district, this unique property features an existing 924-square-foot structure with multiple redevelopment strategies for investors, builders, and developers. With frontage on Route 36 and access from a second street, this property offers exceptional flexibility and significant upside. CLICK TO VIEW ALL PHOTOS/VIDEOS/DROPBOX Property Highlights Existing 924 Sq. Ft. Structure Located in the Business District Dual Street Access Frontage on Route 36 Additional Access from Sears Avenue Excellent Development Potential Commercial or Residential Opportunity Grandfathered Access Rights Multiple Value-Add Strategies This property offers several potential exit strategies. Investors may choose to expand the existing structure, preserving portions of the current home while significantly increasing the living area. Another option may be to retain one existing wall and construct a new residence, subject to buyer verification and municipal approvals. The dual street access creates additional possibilities, including the potential to subdivide the property and construct an additional residence. The property's location within the business district also opens the door to commercial redevelopment opportunities. Buyers should independently verify zoning, subdivision potential, commercial uses, setbacks, permits, grandfathered rights, access points, construction feasibility, and projected resale value. Prime Atlantic Highlands Location Situated along Route 36 in the desirable Atlantic Highlands market, this property enjoys excellent visibility and accessibility while remaining close to the waterfront, restaurants, shopping, marinas, parks, and commuter transportation. New construction homes in the immediate area have sold for approximately $1,775,000 at around 3,100 square feet, making this a compelling opportunity for builders looking to capitalize on the area's strong demand. Asking Price: $420,000 Estimated New Construction ARV: $1,775,000 PRESENT ALL OFFERS! CALL DOMINIQUE OR SEND A TEXT FOR MORE INFO [contact details hidden] CLICK TO VIEW ALL PHOTOS/VIDEOS/DROPBOX Disclosure CALL DOMINIQUE OR SEND A TEXT FOR MORE INFO [contact details hidden] DISCLAIMER: This is an assignment of contract. A legally binding purchase agreement has been executed with the Seller granting this company the exclusive right to purchase the property. This company does not represent the property owner. We are NOT licensed real estate brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit written consent. Any attempt to contact the owner directly or interfere with the transaction may result in legal action.