Retiring from city life, buying land for commercial and private use in NJ
Hey there, spent the first 30+ years of my life living a mile from NYC and I’m ready to go. I want to use money earned from my LLC to purchase rural/wooded land and build a machine shop to serve the farm community I move to. I also want to build a house and farm/garden (personal use), homestead, etc. 

Can I do this in NJ? Aside from getting to the million or so goal I think I need, how do I start planning for this? 

Thanks in advance!
[{"id": "ijbaz7h", "text": "Why not just search around for properties already for sale that might work? If you are a little flexible in location I think it wouldn't be hard to find a house with plenty of land and an outbuilding or two. Otherwise, I don't see anything wrong with your plan to simply do it yourself as well.", "replies": [{"id": "ijbcmly", "text": "I\u2019ll be buried in that backyard. I want it all exactly how I want it, with no question marks for as long as possible. I don\u2019t have a problem fixing what I make, it\u2019s other people mess I don\u2019t want to clean up", "replies": [], "depth": 2}], "depth": 1}, {"id": "ijbd5ln", "text": "Save money, buy land, start building.", "replies": [{"id": "ijbduu3", "text": "Is it so simple? Lol. Just want to make sure wherever I buy I can do what I want.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ijbksbr", "text": "NJ (commercial specifically retail and residential) landlord, flipper, Realtor, HIC here. You can absolutely do this in NJ, but you have to go down south. You\u2019re going to be looking at Salem, Cumberland, Atlantic, Gloucester (do not recommend due to septic requirements) and parts of Burlington County. Depending on the area chosen, building your own house can be worth it or not. Currently it\u2019s about 250 a sq foot to build a house in south jersey. It can be worth it to gut renovate a home instead. You may have to separate the machine shop and gentlemen farm and home for tax purposes. NJ farm taxes are very low compared to residential or commercial. You also need to sell a token amount of farm product (eggs, tomatoes, produce, hay, etc) to qualify for the farm taxes. You can have a home on that farm tax rate as well IIRC.", "replies": [{"id": "ijbqnt5", "text": "How about the western counties, hunterdon/sommerset? And a long shot\u2026.Monmouth?", "replies": [{"id": "ijef1ft", "text": "Western counties tend to be more rocky and mountainous in NJ. Meaning that septics and wells tend to be more expensive. A typical septic in Burlington, cape may and Cumberland counties is around 8k-12k per bedroom and 5k-10k for a well. In the western counties, that can get really expensive due to inability to get heavy equipment like excavators and drills up a side road on a mountain. I\u2019ve heard quotes of 100k for a 3 bedroom septic in Sussex county. This is really general and broad but it really is property dependent. Monmouth county is possible, there\u2019s a lot of farms at the borderline of Burlington and Monmouth. I know of a dairy farm in new Egypt and the surrounding areas. You\u2019ve mentioned you wanted to live in your house/farm/etc forever. Keeping that in mind, you have to recognize that the closer to NYC you are, the more local political opposition to farms you get. It is very possible that while currently, you\u2019re able to farm in Monmouth county, over time as suburban sprawl happens, you\u2019ll be forced out and developers will build homes/warehouses etc instead. I\u2019ve seen that happen around Exit 7, Exit 2, and Exit 3 on the NJTP", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ijh388b", "text": "As long as it fits the zoning code you can do anything you want.", "replies": [], "depth": 1}]