This is an older home that is being sold "as is" for re-development, on the "GOLD COAST" of New Jersey, where older houses in established neighborhoods are being knocked down and rebuilt. Property is five blocks from the beach, 3 blocks from the school and 4 blocks from the center of town. Owner wishes to sell property and retire. This is a wonderful residential neighborhood with a small school nearby. Perfect for the family that wants to locate to a small Jersey Shore town full of victorian architecture and build their dream house in a lovely residential neighborhood. Property has large back yard with mature trees on the Atlantic flyway, and backs up to a maritime forest that can never be developed because it contains wetlands. Wonderful bird life (Osprey, Coopers Hawk, migrating birds) for the bird watcher/lover. Or, perfect property for the urban couple that wants to build their second home at the Shore. This neighborhood has retained its value during the recession because of its unique location near one of the best beaches on the Shore and the small size of the town, limiting availability of homes and/or lots. LOW TAXES , SMALL SCHOOL (+/- 15 pupils per class).  If you drive around town, you will see that people are investing their money in this town.  New houses are being built continuously, so that tells me that buying property here is a good, safe investment. Although the house is old and needs to be replaced, the land is in short supply and will support the expense of redevelopment.  You see that all over town.