A THREE-BEDROOM RANCH WITH ACREAGE AND MULTIPLE EXIT OPTIONS! Update the existing home for resale or a long-term rental while evaluating the additional land potential. The property offers approximately 1,196 square feet on 5.29 acres, a detached garage, and a rear sunroom. The reported renovation scope consists primarily of interior cosmetic updates, with newer siding, a new tankless water heater, and HVAC reportedly under 10 years old.
PROPERTY DETAILS
Detached ranch-style single-family home
3 bedrooms | 1 bathroom
Approximately 1,196 square feet
Approximately 5.29 acres
Detached garage
Rear sunroom
Central air conditioning
Natural gas heat
New tankless hot water heater
HVAC reportedly under 10 years old
Newer siding
Roof and windows reported in good condition
Interior cosmetic updating needed
Well water and private septic
Septic inspection reportedly passed in 2020
2025 property taxes: approximately $4,524
POTENTIAL EXIT STRATEGIES
RENOVATE AND RESELL: Update the existing home with an estimated renovated ARV of $325,000+.
RENOVATE AND RENT: Retain the three-bedroom home as a long-term rental.
EVALUATE DEVELOPMENT: Explore whether the acreage supports additional building lots or new construction. Preliminary marketing estimates of $425,000+ for a completed new home and $200,000+ for a separate vacant parcel depend on confirmed buildability, parcel configuration, and approvals.
Subdivision and additional construction require verification of zoning, access, environmental conditions, and well/septic feasibility. Public mapping flags a portion of the acreage within an AE flood zone.
COMPARABLE SALES—EXISTING HOME
1510 E Wheat Road, Vineland, NJ2 Bedrooms + Bonus Room | Approximately 1,000 Sq. Ft. | Approximately 0.90 AcresRenovated Interior | Attached GarageSOLD: $339,000 — April 22, 2026
420 Rainbow Lane, Vineland, NJ3 Bedrooms | 1.5 Bathrooms | Approximately 1,144 Sq. Ft. | Approximately 0.20 AcresSOLD: $320,000 — July 1, 2026
518 Edward Lane, Vineland, NJ3 Bedrooms | 1.5 Bathrooms | Approximately 1,032 Sq. Ft. | Approximately 0.36 AcresFinished BasementSOLD: $320,000 — June 5, 2026
1575 E Wheat Road, Vineland, NJ2020 Build | Approximately 1,800 Sq. Ft. | Approximately 2.62 AcresSOLD: $400,000 — May 20, 2024Older sale provided as additional market context.
