here ya go....this is what 150grand gets youin my area (NOTE: there were no houses for that price in Ocean County...so I moved 1 county north...lol). I've highlighted the features:
"Ideally located in a peaceful section of Cliffwood Beach, this
large 50x100 corner property holds fantastic investment potential for new construction or renovations. The land includes a
quaint 27'x16'7 Bungalow that a hand owner can bring to the next level or replace to build your dream home. "
http://www.foxtons.com/search?price_to=150000&search_type=SS&order_by=price%20desc&bedrooms_max=99&location_ids=2&search_form=map®ion=nj&per_page=10&search_type=SS&property_id=12934&submit_type=search
man, i'm going to live at home forever