1
Map
$249,000
●
Land -
In Contract
1332 OLD INDIAN MILLS ROAD
SHAMONG, NJ 08088
Studio
0 Bath
$1,223
Est. Monthly
About This Property
Discover the perfect canvas for your dream home on this expansive
3.23-acre lot in desirable Shamong Twp. This property is situated
in an agricultural setting. Imagine waking up to the soothing
sounds of nature, with the beauty of the outdoors just steps away.
Private septic system exists but is being sold in "as-is"
condition. This lot is more than just land; it's an opportunity to
create a lifestyle surrounded by nature, community, and all the
amenities you desire. Don't miss your chance to build your
sanctuary in this idyllic setting! The property is being sold in
"as-is" condition. Buyer must apply for all permits to all
governing bodies for approval to build one home. The existing home
needs to be demolished.
Unit Size
-
Days on Market
-
Land Size
3.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1875
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 25 days ago (Bright MLS #NJBL2109932)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by BHHS Fox & Roach-Marlton | $249,000 | |
| Listed by BHHS Fox & Roach-Marlton | |||
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Feb 3, 2022 | Listed by Coldwell Banker Realty | $199,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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3.23 beautiful acres in Shamong, NJ. Move to the country and open air of gorgeous Shamong to this beautiful 3.23-acre piece of paradise. Want to live near the vineyards, farms, lakes and trails of this great town in southern NJ. Tons of space and privacy in nature. Rehab your dream home or start from scratch in South Jersey at the crossroads to the shore, wineries, outdoor recreation venues, lakes, camping and historic areas, but close to shopping, restaurants and night life. This beautiful piece of property in nestled right next to Wharton State Forest.
This three bedroom, one bath home offers tons of potential but needs attention. The huge kitchen can be spectacular with the huge window looking out at the property, while the full walk-up attic can be made into a primary retreat, playroom or movie room. Let your imagination run wild with this home.
Come out and walk the property and check out the home.
| |||
Property Highlights
Exterior Details
Lot Features: Cleared
Lot Size Area: 140699
Lot Size Units: Square Feet
Lot Size Acres: 3.23
Lot Size Square Feet: 140699
Lot Size Dimensions: Road frontage 351 feet
Tax Lot: 00003
Water Source: Well
Financial Details
Tax Assessed Value: $163,400
Utilities Details
Sewer : Septic Exists
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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HOA + Taxes
About Burlington
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Listed by: Sidney Benstead
BHHS Fox & Roach-Marlton
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2109932
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
BHHS Fox & Roach-Marlton
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2109932
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Phone: 425-283-2930
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