Vacant Land/Wet Land

[Dror R.]

Hi BP members. I stumbled on this site a few months ago and started really taking an interest in vacant land in my home state, New Jersey. I came across a listing for vacant land for $50k and assessed for $200k by the local township office. The catch here is that this piece of land is under Wet Land. I am not to familiar with Wet Lands regulations and was hoping if someone can share some insight on possible solutions and whether it can be built on? Thanks in advance.