Prime Residential Development Opportunity on Cliffwood Avenue Rare opportunity to acquire a 1.5-acre parcel with approximately 221 feet of frontage on Cliffwood Avenue, offering potential for subdivision into approximately 5-6 single-family lots (subject to municipal approvals). The size, frontage, and location make this a compelling opportunity for residential builders or investors seeking a small-scale subdivision project.The property is minutes to train service and near a bus stop, with easy access to Route 34 and the Garden State Parkway, providing strong commuter appeal for future residential development. Also located on the property is a 1,560 sq. ft. updated 3-bedroom, 2.5-bath colonial,offering immediate utility while subdivision plans are explored. The home features hardwood floors, an updated kitchen with granite countertops, a sunken family room, vaulted primary bedroom ceiling, and abundant natural light throughout. The home is clean and move-in ready, and may be occupied or rented for income during the approval process.
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Last Updated: . Source: MONMOUTH
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Listing Agent: Gregory Papalcure (#14033)
Listing Office: Berkshire Hathaway HomeServices Fox & Roach - Manalapan (#417)

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