Description

We just identified a high-potential “Buy & Build” opportunity in the Parkertown section of Little Egg Harbor (08087)! 89 Sea Meadow Dr is a prime 7,500 sqft waterfront lot that offers a rare entry point into the Jersey Shore market for under six figures. With direct lagoon access and a clear path to the Great Bay, this is the perfect site for a new construction coastal home or a strategic addition to a builder’s pipeline.

We have 89 Sea Meadow Dr—a level, 75×100 vacant lot situated on a deep-water lagoon. Unlike many inland lots, this property is build-ready with natural gas, electricity, and cable already available at the street. The neighborhood is transitioning rapidly, with many new beautiful homes built on this short cul-de-sac street. The lot features an existing vinyl bulkhead, providing massive upfront savings and a secure foundation for a private dock. Specs: 7,500 SQFT Lot | Zoning: R-75 (Residential) | Frontage: 75 Ft Waterfront | Status: Off-Market / Value-Add.

💰 The Money:

Estimated Buy Price: $85,000 – $110,000
Target ARV (New Construction): $575,000 – $650,000
Est. Build Cost: $275,000 – $350,000 (Piling foundation + Coastal Stick-build)
Est. Margin: $150k – $225k+ (Projected Developer Profit!)