W MAIN STREET AND DELAWARE AVE, Penns Grove, NJ 08069
W MAIN STREET AND DELAWARE AVE, Penns Grove, NJ 08069
W MAIN STREET AND DELAWARE AVE, Penns Grove, NJ 08069
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Matthew Haviland • Keller Williams Realty - Atlantic Shore
$2,750,000
Est. payment /mo
14 Acres Lot
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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

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.

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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Bright MLS (BMLS)
Nearby Locations
Simone Velvel

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland 20895, USA

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W MAIN STREET AND DELAWARE AVE

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