195 Pease Road

Manalapan, NJ 07726

The astute buyer or investor will recognize the many ways to unlock untapped value($) in this older rustic cape on 4.48 acres in a great area in the north end of highly desirable Manalapan. Needs some TLC & updating, and BRs are small, but with a low price, low taxes & a surprisingly spacious 2197sf, Public Water & Sewer, Natural Gas heating, it's a great bang the for buck. Large kitchen, 3+ BRs & 1 full bath in the main home. Plus a separate 1 BR/1 bath mother/daughter apartment with its own entrance. Note, home is close to the road & there is a stream on the property. Update/reno the house and live or rent, possibly carve out a buildable lot, build new, etc. tremendous potential; buyer due diligence needed for a any subdivision, see photo 3 which depicts non-AE zone area, sold as is. Additional 3rd room upstairs (no closet) can be 5th BR. Excellent area surrounded by much more expensive homes. Adjacent to Balmar Wood Park (tennis and playground) and across from Holiday Park and Lake, all this and great Manalapan schools! CO buyer responsibility. Zoned R20 residential, there can be many ways to utilize this land, BUYER's own DUE DILIGENCE required. HIGHEST, BEST DUE BY FRIDAY 10/11 at 5pm

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Broker Office Phone Number: 732-807-5470

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