7 JENNINGS ROAD, Medford, NJ 08055

$1,275,000 Asking Price

4 beds
3 baths
2,442  sqft
Built in 1980

Remarkable property and location. Check out the Virtual Tour for Drone Footage which can also be found on Vimeo By Searching the Address. Perfect for a gentleman's farm, winery, venue space. Home is in great condition just needs some cosmetic updating. The large pole barns can be the perfect compliment to your landscaping business or farm stand. Less than 700 feet from Route 70 provides easy access to all major roadways but offers seclusion and tranquility while on the property. The property has several water elements including a pond with a fountain and bulkhead & Sharps Run creek. There is a foot bridge over the creek and a tractor bridge on the peninsula. The opportunity for multifamily housing or single family development could exist with necessary approvals and subdivision as the property borders the highly sought after Hawthorne Estates where homes are ranging between 750-900k. The property is being sold strictly "As-Is" 7 please conduct your own due diligence.


Features & Amenities

Interior

Laundry:
Main Floor
Basement:
Full
A/C:
Central A/C
Heating:
Y, Forced Air, Oil
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Colonial

Construction

General:
Brick, 2, Block

Location

Originating MLS:
BRIGHT_MAIN
School District:
LENAPE REGIONAL HIGH
County:
BURLINGTON

Lot

Zoning:
HC-1, 20-00403-00018 01
View:
Creek/Stream,Pasture,Pond,Trees/Woods,Water
Waterfront:
180
Current Use:
0

Utilities

Water:
Well
Sewer:
Other

Financial

Source:
BRIGHT_MAIN
Exclusions:
Personal Items and wine making equipment
NA Compensation:
10k Buyers Agent Bonus for Closing before 6/15/24

This listing courtesy of:
Weichert Realtors - Moorestown, David Spaventa

About Medford, NJ

Housing

Number of Units
10,970
Median Home Value
$369,086
Median Rent
$1,316

11.99% of housing units are renter occupied.

4.43% are vacant.

Commute

Car
64.05%
Public Transportation
2.85%
Walk to Work
0.50%
Work from Home
32.02%
Other
0.22%

The median travel time to work is 25 minutes.

People

Population
28,451
Median Age
46.90
Median Household Size
2.95

Education

High School
16.35%
Associate’s Degree
7.38%
Bachelor’s Degree
37.29%
Graduate Degree
22.97%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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