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204-Acre Retreat Cape May County, NJ HUNTER, REED AND COMPANY www.HunterReed.com REAL ESTATE SERVICES FOR PRIVATE CLIENTS

204 Acres with Private Lake. Cape May, NJ

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Page 1: 204 Acres with Private Lake. Cape May, NJ

204-Acre RetreatCape May County, NJ

HUNTER, REED AND COMPANY

www.HunterReed.comREAL ESTATE SERVICES FOR PRIVATE CLIENTS

Page 2: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANYREAL ESTATE SERVICES FOR PRIVATE CLIENTS

www.HunterReed.com

Page 3: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANYREAL ESTATE SERVICES FOR PRIVATE CLIENTS

www.HunterReed.com

L O C A T I O N 1400 Weatherby Road Belleplain NJ State Forest & NJ State Park Area Tuckahoe Woodbine, Upper Township Cape May County, NJ 08270

T A X P A R C E L I D 11-00002-00004

Z O N I N G F25

B L O C K A N D L O T Map 3 Block 2, Lot 4

D E E D R E F E R E N C E Deed Book 3383 Page 537

P R O P E R T Y C L A S S Farm (QFarm)

A C R E A G E 203.75 ± Acres

P R O P E R T Y T A X E S $2,247.95 (2014 tax year, 1.00 acres ) $ 410.33 (2014 tax year, 202.75 acres) $2,658.28 (2014, total)

NOTE : This Property is assessed at a preferential rate under the New Jersey Farmland Assessment Act. For more information, and to download a copy of this Act, go to : www.state.nj.us/agriculture/FarmlandAssessmentGuide.pdf

Page 4: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANYREAL ESTATE SERVICES FOR PRIVATE CLIENTS

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U T I L I T I E S Public Electric availableVerizon Phone & FIOS availableComcast Broadband Cable available

S Y S T E M S On-site Septic System will be required for any dwelling structure. On-site Water Well will be required for any dwelling structure.

S T R U C T U R E S Several existing concrete structures in deteriorated condition; these were originally used for production and processing of cranberries by Eatmor Cranberries LLC. These structures are not in usable condition at the present time.

Page 5: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANYREAL ESTATE SERVICES FOR PRIVATE CLIENTS

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D I V I S I O N R I G H T S This Property is adjacent to Belleplain NJ State Forest, and thereby enjoys protection from future development of neighboring land.

Of perhaps even greater value to the new owner, NO conservation easements exist on this Property, and development rights which are permitted ‘by- right’ under F25 zoning are intact.

Specifically,thePropertycomprises202.75± acres zoned F25 (Forest Conservation’ and 1.00± acre zoned F25, which retains grandfathered commercial zoning.

Within Upper Township, F25 zoning provides: (Minimums) Lot Size 25 acres ; Frontage 200 ft; Width 200 ft ; Depth 350 ft ; Height 35 ft ; Impervious coverage 0.5%

Properties which are adjacent to or which surround the subject are also within the F25 ‘ForestConservation’zoningclassification.

Page 6: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

www.HunterReed.com

R E C R E A T I O N A L U S E S

An ideal near-beach retreat without the crowds and noise. This Property offersawidevarietyofyear-roundrecreationalactivitiesincluding:hiking;camping;fishing;shootingsportsliketrapandsportingclays;kayaking ; canoeing ; cross-country skiing ; horseback riding, and much more.

The Property is adjacent to the vast Belleplain NJ State Forest, and about 5 minutes from the beautiful, sprawling Belleplain NJ State Park, which offersavarietyofoutdooractivities,fromswimmingtocamping,hiking,fishing,kayaking,horsebackriding,andmore.Thevastnetworkofhiking and bridle trails which traverse the State Park are beautifully maintained and accessible year-round.

ThisPropertyisidealforequestrians,offeringsubstantialacreageforaprivate cross-country (XC) bridle trail network, carriage driving course, and training stable. Footing for horses is excellent year–round, and extensive additional rideout on well-maintained trails is available at nearby Belleplain State Park, as noted above.

REAL ESTATE SERVICES FOR PRIVATE CLIENTS

Page 7: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

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S C E N I C B Y W A Y

Further, the Property is locatedwithin the “Pine Barrens Scenic Byway”. AScenicBywayisaroadwithdefinedspecialqualitieswhichitslocalcommunities wish to preserve and promote. Both the NJ Department of Transportation and the Federal Highway Administration have programs to recognize and support Scenic Byways.

The Pine Barrens Byway was designated as a New Jersey Scenic Byway in 2005. The 130-mile route extends from Batsto and Tuckerton in the north to Dennisville and Port Elizabeth in the south, passing through 5 NJ counties and 16 municipalities. Along the way are 2 National Wildlife Refuges, 10 NJ State Wildlife Man-agement Areas, 3 NJ State Forests, 5 County Parks, several major rivers and numerous smaller streams, as well as a variety of historic and scenic sites.

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Page 8: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

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The Byway has 3 distinct parts; this Property is located in the “Southern Loop”. The Southern Loop connects the Tuckahoe River, the Maurice River and Dennis Creek, along with Belleplain State Forest and the Borough of Woodbine.

TheBywayrouteisdottedwithsmallfarmsandfields,pastures,andriver Towns and punctuated by historic structures. At night, the lightly settled Byway is a stargazer’s paradise … and during the day it provides sights and points of interest for a wide variety of interests and recreational pursuits.

The Byway is also easily accessible to a huge pool of vacationers and day-trippers, surrounded as it is on all sides by New York, Philadelphia, Baltimore, Washington DC, and the heavily developed Jersey Shore. *

* Excerpt from the “Pine Barrens Byway Corridor Management Plan 2009”. To download a complete copy, go to :

www.pinebarrensbyway.org/PineBarrens_CMP.pdf

To learn more about the Byway, go to :

www.PineBarrensByway.org

REAL ESTATE SERVICES FOR PRIVATE CLIENTS

Page 9: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

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C O N S E R VA T I O N

As noted, there are presently no 501c3 conservation easements on this Property. For a conservation-minded Buyer, there may be substantial tax-relatedbenefitsassociatedwiththedonationofaconservationeasement(s) to a qualifying charitable organization. There are many charitable organizations which routinely accept and hold donations of conservation easements by landowners.

REAL ESTATE SERVICES FOR PRIVATE CLIENTS

Page 10: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

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P H I L A D E L P H I A

PHL International Airport 30-35 mins.Stadium Complex 30-35 minsCenter City 35-40 mins

L O C A L T O W N S Atlantic City 20-25 minsOcean City 20 minsSea Isle City 20-25 minsAvalon 20-25 minsStone Harbor 25-30 minsCape May 30-35 minsTuckahoe 5-10 minsWoodbine 5-10 minsDennisville 5-10 mins

REAL ESTATE SERVICES FOR PRIVATE CLIENTS

Page 11: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

www.HunterReed.com

C O M M E N T S

□ Anextraordinarilyprivate,beautiful,andwell- protected setting.

□ PropertyisboundedbywoodlandsandprotectedNJ State Forest. □ Limitedvehicleaccesspointassuresprivacyand controlled access.

□ Topographyisgenerallylevel,withbeautifulnatural features. □ Waterfeaturesincludeabeautiful,private20-acre lake and stream. □ Well-locatednearmajorbeachesfromAtlanticCityto Cape May.

□ ExcellentproximitytoPhiladelphia(35minutes)and Ocean City, NJ (20 minutes).

□ Ownedbysamefamilyforgenerations(Eatmor Cranberries LLC.)

REAL ESTATE SERVICES FOR PRIVATE CLIENTS

Page 12: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

www.HunterReed.comREAL ESTATE SERVICES FOR PRIVATE CLIENTS

P L O T P L A N

W E A T H E R B Y R O A D

B E L L E P L A I N R O

A D

Page 13: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

www.HunterReed.comREAL ESTATE SERVICES FOR PRIVATE CLIENTS

Page 14: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

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C O N S U M E R I N F O R M A T I O N S T A T E M E N T O N N E W J E R S E Y R E A L E S T A T E R E L A T I O N S H I P S

In New Jersey, real estate licensees are required to disclose how they intend to work with buyers and sellers in a real estate transaction. (In rental transactions the terms “buyers” and “sellers” should be read as “tenants” and “landlords,” respectively.)

• AS A SELLER’S AGENT OR SUB-AGENT, I, AS A LICENSEE, REPRESENT THE SELLER AND ALL MATERIAL INFORMATION SUPPLIED TO ME BY THE BUYER WILL BE TOLD TO THE SELLER.

• AS A BUYER’S AGENT, I, AS A LICENSEE, REPRESENT THE BUYER AND ALL MATERIAL INFORMATION SUPPLIED TO ME BY THE SELLER WILL BE TOLD TO THE BUYER.

• AS A DISCLOSED DUAL AGENT, I, AS A LICENSEE, REPRESENT BOTH PARTIES. HOWEVER, I MAY NOT, WITHOUT EXPRESS PERMISSION, DISCLOSE THAT THE SELLER WILL ACCEPT A PRICE LESS THAN THE LISTING PRICE OR THAT THE BUYER WILL PAY A PRICE GREATER THAN THE OFFERED PRICE.

• AS A TRANSACTON BROKER, I, AS A LICENSEE, DO NOT REPRESENT EITHER THE BUYER OR THE SELLER. ALL INFORMATION I ACQUIRE FROM ONE PARTY MAY BE TOLD TO THE OTHER PARTY.

Before you disclose confidential information to a real estate licensee regarding a real estate transaction, you should understand what type of business relationship you have with that licensee.

There are four business relationships; (1) seller’s agent; (2) buyer’s agent; (3) disclosed dual agent; and (4) transaction broker. Each of these relationships imposes certain legal duties and responsibilities on the licensee as well as on the seller or buyer represented. These four relationships are defined in greater detail below. Please read carefully before making your choice.

SELLER’S AGENT

A seller’s agent WORKS ONLY FOR THE SELLER and has legal obligations, called fiduciary duties to the seller. These include reasonable care, undivided loyalty, confidentiality and full disclosure. Seller’s agents often work with buyers, but do not represent the buyers. However, in working with buyers a seller’s agent must act honestly. In dealing with both parties, a seller’s agent may not make any misrepresentation to either party on matters material to the transaction, such as the buyer’s financial ability to pay, and must disclose defects of a material nature affecting the physical condition of the property which a reasonable inspection by the licensee would disclose.

Seller’s agents include all persons licensed with the brokerage firm which has been authorized through a listing agreement to work as the seller’s agent. In addition, other brokerage firms may accept an offer to work with the listing broker’s firm as the seller’s agents. In such cases, those firms and all persons licensed with such firms, are called “sub-agents”. Sellers who do not desire to have their property marketed through sub-agents should so inform the seller’s agent.

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Page 15: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANY

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BUYER’S AGENT

A buyer’s agent WORKS ONLY FOR THE BUYER. A buyer’s agent has fiduciary duties to the buyer which include reasonable care, undivided loyalty, confidentiality and full disclosure. However, in dealing with sellers a buyer’s agent must act honestly. In dealing with both parties, a buyer’s agent may not make any misrepresentations on matters material to the transaction, such as the buyer’s financial ability to pay, and must disclose defects of a material nature affecting the physical condition to the property which a reasonable inspection by the licensee would disclose.

A buyer wishing to be represented by a buyer’s agent is advised to enter into a separate written buyer agency contract with the brokerage firm which is to work as their agent.

DISCLOSED DUAL AGENT

A disclosed dual agent WORKS FOR BOTH THE BUYER AND THE SELLER. To work as a dual agent a firm must first obtain the informed written consent of the buyer and the seller. Therefore, before acting as a disclosed dual agent, brokerage firms must make written disclosure to both parties. Disclosed dual agency is most likely to occur when a licensee with a real estate firm working as a buyer’s agent shows the buyer properties owned by sellers for whom that firm is also working as a seller’s agent or sub-agent. A real estate licensee working as a disclosed dual agent must carefully explain to each party that, in addition to working as their agent, their firm will also work as the agent for the other party. They must also explainwhat effect their working as a disclosed dual agent will have on the fiduciary duties their firm owes to the buyer and to the seller. When working as a disclosed dual agent, a brokerage firm must have the express permission of a party prior to disclosing confidential information to the other party. Such information includes the highest price a buyer can afford to pay and the lowest price a seller will accept and the parties’ motivation to buy or sell. Remember, a brokerage firm acting as a disclosed dual agent will not be able to put one party’s interests ahead of those of the other party and cannot advise or counsel either party on how to gain an advantage at the expense of the other party on the basis of confidential information obtained from or about the other party.

If you decide to enter into an agency relationship with a firm, which is to work as disclosed dual agent, you are advised to sign a written agreement with that firm.

TRANSACTION BROKER

The New Jersey Real Estate Licensing Law does not require licensees to work in the capacity of an “agent” when providing brokerage services. A transaction broker works with a buyer or a seller or both in the sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such a firm would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transaction, but cannot advise or counsel either party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with that firm which clearly states what services that firm will perform and how it will be paid. In addition, any transaction brokerage agreement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which that firm is a member.

YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE BUSINESS RELATIONSHIPS FROM YOUR OWN LAWYER. THIS STATEMENT IS NOT A CONTRACT AND IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY.

REAL ESTATE SERVICES FOR PRIVATE CLIENTS

Page 16: 204 Acres with Private Lake. Cape May, NJ

ThankyouforyourinterestinthisOffering.

If you’d like to own and enjoy this extraordinary Property, please contact:

Steve DiFrancescoCEO/Principal Broker

Haverford, PA 610-347-1000Nantucket, MA 508-325-7000Mobile phone 610-506-6577Email [email protected]

HUNTER, REED AND COMPANYREAL ESTATE SERVICES FOR PRIVATE CLIENTS

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Page 17: 204 Acres with Private Lake. Cape May, NJ

HUNTER, REED AND COMPANYREAL ESTATE SERVICES FOR PRIVATE CLIENTS

© Copyright 2015 Hunter, Reed and Company Inc.

Equal Housing Opportunity. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Hunter Reed and Company Inc. is a licensed New Jersey Real Estate Broker and represents the seller of this property exclusively as a Sellers Agent. Review the ‘Consumer Information Statement on New Jersey Real Estate Relationships’

which is included in this Brochure and which describes different types of real estate brokerage relationships available to consumers in the State of New Jersey.

The material contained in this brochure is based on information which is considered reliable, but Hunter Reed and Company Inc. does not represent, warrant, or guarantee that it is accurate, current, and/or complete, and it should not

be relied upon as such by prospective buyers. All information contained in this brochure is offered subject to errors, omissions, inaccuracies, defects, change of price, and prior sale or withdrawal from market without notice.

All figures in this brochure, including but not limited to : property taxes, assessment, millage rate, acreage, zoning or land use classification, square footage, age, dimensions, conditions, depths, dates, easements, deed restrictions,

distances, locations, and drive times are, or should be considered to be, approximate. Prospective buyers are advised to independently verify the accuracy of any information or any item which is deemed by the buyer to be of material

importance in the purchase of this Property.

All portions of this Brochure, including but not limited to: descriptive text, photographs, images, renderings, floor plans, architectural sketches, drawings, maps, forms, artwork and logos are the intellectual property of Hunter, Reed and

Company Inc. and may NOT be used, reproduced, distributed, shared, or published without written permission.

Hunter, Reed and Company Inc. is a member of the National Association of Realtors (NAR). Hunter, Reed and Company Inc. is a licensed Real Estate Broker in multiple states including VA, NC, FL, PA, NJ, MA, with offices in suburban

Philadelphia, PA and Nantucket, MA.

For general inquiries please email : [email protected] or call 610-347-1000 or 508-325-7000 (Nantucket only). USPS mailing address for general correspondence : PO Box 219 Haverford, PA 19041-0219.

All Rights Reserved. Equal Housing Opportunity.

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