Source:
Monmouth Ocean Regional Multiple Listing Service
MLS#22632221
About the Property
Prime development opportunity in the heart of Lakewood! Situated on a generous 125’ × 150’ parcel (approx. 0.43 acres / 18,750 sq. ft.), this prime R-OP zoned property at 417 Forest Avenue offers exceptional versatility for builders, investors, and developers. The flexible R-OP zoning allows for multiple high-yield residential or commercial possibilities. Whether you are looking to build a multi-f
Prime development opportunity in the heart of Lakewood! Situated on a generous 125’ × 150’ parcel (approx. 0.43 acres / 18,750 sq. ft.), this prime R-OP zoned property at 417 Forest Avenue offers exceptional versatility for builders, investors, and developers. The flexible R-OP zoning allows for multiple high-yield residential or commercial possibilities. Whether you are looking to build a multi-family project or a commercial facility, this expansive lot delivers outstanding potential in a highly desirable, rapidly growing location. Buyer is responsible for obtaining all necessary municipal approvals and variances. Property Highlights & Specs * Address: 417 Forest Ave, Lakewood, NJ 08701 * Block / Lot: Block 70, Lot 1 * Zoning: R-OP (Residential Office Professional) * Property Type: Multi-Family / Land / Commercial / Development Opportunity * Lot Size: 0.43 Acres (Approx. 18,750 sq. ft.) * Lot Dimensions: 125 ft × 150 ft Potential Development Scenarios: * 4-Unit Multi-Family / Duplex * 6-8 Unit Townhouse Development * 9-Unit, 3-Story Apartment Building * Professional / Medical Office Building