Redevelopment Opportunity

45 Ridge Avenue Neptune City, NJ 07753

45 Ridge Avenue, Neptune City, NJ, 07753
45 Ridge Avenue, Neptune City, NJ, 07753 45 Ridge Avenue, Neptune City, NJ, 07753 45 Ridge Avenue, Neptune City, NJ, 07753 45 Ridge Avenue, Neptune City, NJ, 07753 45 Ridge Avenue, Neptune City, NJ, 07753
FOR SALE
Property Type:
Other Land
Amount:
$899,000
Last Verified:
Dec 03, 2025

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Highlights

  • Concept plans include 13-unit, 2 story apartment building, 10 townhomes & 4 single family homes.
  • Located within the R4 Medium Density Residential Zone. Permitted uses include community shelter, single family residence, park, place of worship, recreational facility, and private or public elementary, middle or high school. Conditional uses include assisted living facility and community center.
  • Property tax $18,742 (2025)

Description

Redevelopment opportunity in R-4 zone

Located in Neptune City with close proximity to major roadways such as Route 35 and Route 33, as well as easy access to the Garden State Parkway and Route 18.

Lot Size: 0.67 acres


Documents

Neptune 45 Ridge Avenue Sale Brochure

Map of 45 Ridge Avenue, Neptune City, NJ, 07753

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.