Home Selling in 08048>Question Details

Traceytls, Other/Just Looking in Lumberton, NJ

I would like to sell 5 lovely acres of a 65 acre farm in lumberton. Can anyone tell me the value?

Asked by Traceytls, Lumberton, NJ Wed Apr 15, 2009

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The value of your land has to do with many varied factors. Here's some things to consider. Is the land currently being cultivated? Is it wooded? What roads are adjacent? Will the township or even the State of NJ be interested in purchasing it? Can it be developed? In short there is some footwork that needs to be done to ascertain what can be done with the property then its highest and best use. I'd be happy to assist you. I have experience in land development. My contact info is below.

Best Regards,

Jeremy S. Hill, Realtor Associate
Keller Williams Realty
Office: 856.685.1651
Direct: 609.876.5817
Fax: 609.482.8235
Licensed PA, NJ
"Your Interest 1st Always"
0 votes Thank Flag Link Sun Apr 19, 2009
I suggest you speak with local zoning and planning people in your community first. You may find out if it is even possible. Then you may have to do a wetlands study if there is any water near by. Value will depend upon many factors including access to utilities, views, sale values of homes in the area ... Typical builders will pay 1/3 to 1/4 the value of a home with land for just the lot. If the entire property is able to be subdivided and your community values open land you may want to investigate selling developement rights for preservation. I have been involved in these type transactions in the past if interested.
0 votes Thank Flag Link Wed Apr 15, 2009
The value can vary according to location, usage, etc. I am right in Burlington. Feel free to give me a call if you'd like me to give you an estimated value! I'd be happy to help!
0 votes Thank Flag Link Wed Apr 15, 2009
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