This property was Wilson Farm Dairy sold to developers by my husbands family. It was abandoned when Green Acres law was passed no property could be developed along the Manasquan River all work had to stop. This company lost a lot of money.
There was something similar in my area for a while. It was half built houses and roads. The frames and outer walls were up but that was it. I looked around in there and it was pretty trashed after sitting for years. Then just a few years later I drive by and they are finishing them and people live there now lol. I'm not sure I'd be interested in buying a place that was left half built for 8 years. What do you say when people ask how old the house is? "2 years old, the frame is 10 though."
I live next to a golf course in ocean county, and the houses they built around the edge are horrible. I walked my dog there when they were framed, and the plywood on the corners were flapping with 1 or 2 nails holding it on. Next day the siding was on. $350,000 dollar houses with no structural integrity, drywall probably cracked in 6 months.
If this is where I think it is, I've been there myself it's like a block from my house. In the past few year they've finished it/built a new condo complex there.
There is a cool one in atlantic county. Google Atlantic city speedway. They made dynamite for WW1 and then it was a wooden racetrack in the 1920's 6000 acres and a lot to see.
It’s called the economy tanking. The contractor walking away. The bank taking a loss. A huge write off for someone. Oh... The holes are called erosion ..??!! That happens when drainage is not correctly directed.
pat goff usually it doesn't have much to do with instability but moreso they couldn't get the proper permits to continue their projects and or they run out of financial backing
