0 HAY ROAD
About This Property
Beautiful 27 Acre Property at an Incredible Price!
This is a rare opportunity to own a stunning 27-acre parcel in New Jersey at exceptional value. This property features a mix of woodlands and open grassy fields, along with three gorgeous ponds. While portions of the land are wetlands, it is zoned Pinelands Agriculture, offering the potential for farming and various agricultural uses. The upper grassy fields sit high and dry above the ponds and are easily tillable. The ponds are stocked with multiple fish species, including bass, crappie, and bluegill, and the land sees frequent wildlife activity-deer, turkey, geese, and ducks all call this area home. The property also includes an irrigation well (ideal for farming; needs a pump being sold as-is) and a gravel roadway for convenient access throughout the acreage. Ground blinds and hunting stands are included with the sale.
*This land is NOT buildable. It is zoned Pinelands Agriculture and is a wetland. The building of residential/commercial buildings is not allowed. Property is being sold as-is. Buyer is responsible for their own due diligence.*
Buyers are welcome to walk the property at their own risk. Please notify the Realtor in advance to ensure the owners are not on-site.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Price Decreased |
$199,000
↓ $100K
(33.4%) | |
| Price Decreased | |||
| Nov 3, 2025 | Price Decreased |
$299,000
↓ $50K
(14.3%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by Keller Williams Premier | $349,000 | |
| Listed by Keller Williams Premier | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017