Parcel Summary
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 $55,000, 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:
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
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)
6028 Peach St, Mays Landing 0.91 acres - Sold $45,000 on 06/30/25
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
| File Name | Size | |
|---|---|---|
|
Real Estate Analysis_ Vacant Land (Block 860 Lot 5, Cypress St, Hamilton Twp, NJ).pdf |
38kb
|
Download |