40 Ward Drive WATERFRONT REDEVELOPMENT OPPORTUNITY - SHORE ACRES! Located in the desirable Shore Acres community, just a short distance from the Shore Acres Yacht Club, this unique property offers beautiful Barnegat Bay views while benefiting from lower lagoon-front taxes. Situated on a quiet dead-end street, the existing two-story beach cottage features two bedrooms on the main level, a full-dormer third bedroom upstairs, a living room with fireplace, and an enclosed porch overlooking the water. This property is being offered primarily for its exceptional waterfront location and redevelopment potential. THE EXISTING HOME WILL NEED TO BE ELEVATED OR REMOVED, creating an opportunity to renovate and raise the existing structure or start fresh and build your dream waterfront home. Enjoy beautiful sunsets bay breezes, and convenient access to boating, fishing, and everything the Shore Acres waterfront lifestyle has to offer. PROPERTY IS BEING SOLD STRICTLY AS-IS. Cash or construction financing only. Buyer is responsible for all due diligence regarding the property's condition, elevation requirements, flood requirements, permits, approvals, redevelopment possibilities, and intended use.