804 DELAWARE AVENUE

Villas, NJ 08251

Great Opportunity to update the current home & possibly build a new one! This corner lot is approx 130' wide frontage on Delaware Ave facing the Bay & 129' depth on Pinetree Dr. According to tax records this 16,770 square foot lot should be suitable for a subdivision or possibly a duplex. Currently used as a year round single family home with rentable detached cottage (was renting for $1200/week in summer) this property offers an array of options for the next owner. With the potential to possibly split this lot in two you could update the current home adding a second floor to obtain amazing bay views from the corner lot and build a brand new single family that could also offer bay views. You may lose the ability to have the rental unit out back & need to take down the screen porch with the subdivision but I think it will be worth it to create a spectacular new home across from the bay.The home itself has vinyl siding a newer roof (approx. 5 years), natural gas heat, central air, & electric baseboard heat for backup. The spacious living room & large eat-in kitchen create lots of potential to do some updating & the large footprint of the home may be ideal to add a second floor. Of course you want to do your due diligence to confirm the structure & potential subdivision.Live in one while you build another or make this a development project.Being sold mostly furnished and in as-is condition.