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228 Lorraine Ave , Richland, NJ 08350
$199,900
Est. Payment: $1,079.46/mo
3 Bed
4998 Sqft
2.89 Acres
Status: active | Days on site: 166
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EXPREAL1 - 3286231
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

DO NOT ENTER WITHOUT AGENT! UNIQUE OPPORTUNITY! 3(THREE) old dilapidated Single Family Dwelling(s) on ONE LOT! Pinelands approved for 2 or even 3 lot subdivision, no township approvals for either, buyer would have to complete. MAJOR REHABILITATION OR REBUILDING is needed for any and all of the structures. DO NOT ENTER WITHOUT AGENT! Many options! Build or rebuild ONE home, subdivide and rebuild 2(with township approval), or try to get township approvals for all 3(again, township approvals needed). Located in a very desirable area, walking distance to golf course, quiet and peaceful neighborhood. SOLD STRICTLY AS IS, BUYER TO DO ALL DUE DILIGENCE, PERMITS, CERTIFICATE OF OCCUPANCY(IES). AGENT HAS FINANCIAL INTEREST!
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Highlights

Listed by Andrey P Letushko , 6093641643 EXP Realty, LLC , 8662016210. Bright MLS

Property Type

Multi-Family
Lot/Acreage
2.89

Year Built

1940

County

Atlantic

Area

Buena Vista Twp (20105)

 School District

Buena Regional Schools

Listing ID

NJAC2024646

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
Above Ground Sq Ft:4998
Other:
  • ▪ Additional:Attic
Water:Private

Exterior Features

Lot:Additional Lot(s),Not New Construction,Horse Property: No
Zoning:RESIDENTIAL
Roof:Asphalt
Others:
  • ▪ Additional:Major Rehab Needed
Sewer:Cess Pool
Parking Features:Off Street
Principal Interest
$1,079
Taxes
$265

Home Price

$199,900

Loan Details

30 yrs
7.144%

Down Payment

20%
$39,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,079.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,079.46 $265.42 $0.00 $1,344.88
Yearly $12,953.55 $3,185.00 $0.00 $16,138.55
Total $388,606.42 $95,550.00 $0.00 $484,156.42
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Richland, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS