Assignable Contract – 5.37-Acre Parcel | Hamilton Twp (Mays Landing), NJ

Parcel Summary

• Parcel: Block 860, Lot 5 — Cypress St corridor (approx. 250′ x 930′, 5.37 acres)
• Zoning: RD-5 (Rural Development — single-family permitted on 5+ acres; subject to Pinelands & municipal approvals)
• Utilities / Setup: Private well & septic required; overhead electric available at street
• Setting: Quiet, wooded 5-acre estate pocket — Cypress / Holly / Oak area near Mays Landing

Why This Deal Makes Sense

Estate-sized acreage is increasingly scarce in Hamilton Township — especially parcels that meet RD-5 zoning thresholds without requiring a variance. This contract offers control of 5.37 acres, exceeding the minimum for single-family development and positioned in a quiet, low-density rural corridor along Cypress/Holly/Oak.

Active listings with similar land scale are currently priced in the $75K–$80K range, while recent sub-5 acre non-conforming parcels in the surrounding area have sold between $30K–$60K, depending on utility setup, approvals, and build readiness. At an assignment price of $50,000, this opportunity provides a lower entry point into a land class with historically strong demand and limited inventory.

For buyers familiar with rural development, well/septic installation, and the Pinelands regulatory framework, this deal represents a strategic long-term position — with multiple viable pathways:

• Buy and hold in a supply-constrained estate zone
• Build a custom home or rural retreat on oversized acreage
• Develop a spec home with potential ARV support in the $650k - 700K+ range

This is a forward-looking land opportunity with strong upside potential, supported by zoning conformity, privacy, and the long-term appeal of large-format rural homesites.

Assignment Terms

• Assignment Price: $50,000
• Closing: January 12, 2026
• Buyer responsible for due diligence, zoning/build approvals, utilities, and closing costs

Important Disclosure:

Momentum Home Solutions / Assignor does not own the property and is not acting as a broker. This website presents an assignable equitable interest in a purchase contract.

Assignment is subject to terms, availability, and buyer verification.

Comps:

Active:

5827 Holly St, Mays Landing - 5 acre - Asking $79,900

0 DRosera St, Mays Landing - 1.94 acres - Asking $75,000

Sold:

6285 Pine St, Mays Landing, 4.86 acres - Sold $30,000 on 04/02/25 (it's under 5 acres which is non-conforming and needs a variance)

Pne St, Mays Landing - 4.86 Acres Sold $60,000 pm 07/16/25

Join our exclusive buyers list and get first access to discounted properties Get Access Now

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.