W Main Street And Delaware Ave, PENNS GROVE, NJ

$2,750,000

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14.00

Acres

About W Main Street And Delaware Ave

MAJOR PRICE REPOSITIONING – RIVERWALK AT PENNS GROVE 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.

Features of W Main Street And Delaware Ave

MLS® # NJSA2009780
Price $2,750,000
Bathrooms 0.00
Acres 14.00
Type Land
Sub-Type Land
Status Active

Community Information

Address W Main Street And Delaware Ave
Area Penns Grove Boro
City PENNS GROVE
County SALEM-NJ
State NJ
Municipality PENNS GROVE BORO
Zip Code 08069

Amenities

View River
Is Waterfront Yes
Waterfront River

School Information

District PENNS GROVE-CARNEYS POINT SCHOOLS

Additional Information

Date Listed January 12th, 2024
Days on Market 918
Zoning COMMERCIAL/VACANT LAND
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty - Atlantic Shore

Listing Map

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