W MAIN STREET AND DELAWARE AVE Penns Grove, NJ 08069
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJSA2009780
HOA Y/N N
Annual Tax Amount $93,776
Tax Year 2022
Lot Size 14.000 Acres
Acres 14.0
Property Sub-Type Land
Source BRIGHT
Property Description
A rare opportunity to acquire approximately 14+ acres of waterfront development land along the Delaware River at dramatically repositioned pricing. Formerly envisioned as part of the Riverwalk concept, this assemblage offers significant potential for residential, mixed-use, commercial, hospitality, senior housing, waterfront recreation, or other redevelopment opportunities, subject to approvals.
There are approximately 14+ acres all together. Block 57 Lot 1 is the main riverfront parcel. The site is currently zoned for commercial development. Riparian rights are included.
The Philadelphia-Wilmington-Atlantic City consolidated metropolitan statistical area has approximately Four million people within a 30-mile radius of the site. The Riverwalk is located within two miles of Interstate 295 and is accessible from the Delaware Memorial Bridge, Commodore Barry Bridge, I-95 and the New Jersey Turnpike. It is reachable in 35 minutes from Philadelphia, 30 minutes from the Main Line, 15 minutes from Wilmington and 20 minutes from Newark, DE. Buyer responsible for all due diligence, zoning, environmental investigations, approvals, utilities, and feasibility studies.
Location
State NJ
County Salem
Area Penns Grove Boro (21708)
Zoning COMMERCIAL/VACANT LAND
Exterior
Water Access Y
View River
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Penns Grove-Carneys Point Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
Special Listing Condition Standard
Virtual Tour https://youtu.be/q7n5f3SGGdE
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