Rivera Realty

61 SAINT MIHIEL DR, DELRAN, NJ 08075

61 SAINT MIHIEL DR, DELRAN, NJ 08075

$6,950,000

Sq. Ft.: N/A
Type: Commercial
Listing Courtesy of: BHHS Fox & Roach-Marlton (856) 810-5300
Request Information
Exceptional Delaware River Waterfront Development Opportunity 55-57, 61 & 63 Saint Mihiel Drive |Delran, New Jersey Presenting one of Southern New Jersey's most unique waterfront development opportunities. Encompassing approximately 7.7 acres across five contiguous parcels, this premier Delaware River property offers an exceptional combination of scale, location, existing improvements, and future redevelopment potential. Ideally situated in Delran, Burlington County, the property enjoys convenient access to Route 130, Route 73, I-295, the New Jersey Turnpike, and the Tacony-Palmyra Bridge, providing direct connectivity to Philadelphia and the greater South Jersey region. Its strategic location places residents and businesses within minutes of major employment centers, retail corridors, dining, and recreational amenities while offering the tranquility and scenic beauty of a true waterfront setting. With approximately 1,200 feet of road frontage and more than 1,000 feet of direct frontage along the Delaware River, the property offers panoramic river views that are rarely available in today's market. Included riparian rights further enhance the property's long-term value and development appeal. The site is currently improved with a 10,000± square foot catering and banquet facility that successfully operated for more than 25 years, a 2,000± square foot office building, a 2,800± square foot two-story residence, and a 2,500± sq ft warehouse. Formerly Clarks Landing Marina which operated as a successful marina for many years. These existing improvements provide flexibility for interim income, owner occupancy, adaptive reuse, or phased redevelopment. Outstanding Residential Development Potential With nearly eight acres of contiguous waterfront land, the property presents an exceptional opportunity to create a signature residential community unlike any other in the region. The expansive site is well suited for a thoughtfully designed waterfront development featuring luxury condominiums, townhomes, or a mixed residential community, subject to municipal approvals. Future residents could enjoy: Unobstructed Delaware River views Private waterfront promenades and walking trails Community green space and outdoor gathering areas Boat access or marina-related amenities (subject to approvals) Luxury residential units with balconies and rooftop terraces overlooking the river Convenient commuting access to Philadelphia and major South Jersey highways As demand continues to grow for high-quality waterfront housing close to Philadelphia, opportunities to develop large-scale riverfront communities have become increasingly limited. The property's size, frontage, and unique setting position it as an ideal candidate for a transformative residential project that capitalizes on both lifestyle appeal and long-term investment value. Investment Highlights Approximately 7.7 acres across five contiguous parcels Over 1,000 feet of Delaware River frontage Approximately 1,200 feet of road frontage Included riparian rights Existing improvements totaling approximately 17,300 square feet 10,000± SF banquet/catering facility 2,000± SF office building 2,800± SF two-story residence 2,500± SF warehouse Established catering venue with more than 25 years of operating history Minutes from Rt 130, Rt 73, I-295, the New Jersey TP, and the Tacony-Palmyra Bridge Convenient access to Phila. and the surrounding metropolitan area Exceptional opportunity for luxury waterfront condominiums, townhomes, mixed-use, hospitality, or continued commercial use, subject to zoning and municipal approvals Opportunities of this caliber are exceedingly rare. Whether envisioned as a landmark waterfront residential community, an upscale mixed-use destination, or a repositioned commercial waterfront asset, 55-57, 61 & 63 Saint Mihiel Drive offers investors and developers the chance to acquire one of the Delaware River's most significant redevelopment sites in Southern NJ.
Listing Courtesy of: BHHS Fox & Roach-Marlton (856) 810-5300
Property Features
Location Information
County: BURLINGTON-NJ
Municipality: DELRAN TWP
Latitude: 40.03085
Longitude: -74.9766
MLS Area: Delran Twp (20310)
Directions: U.S. Route 130: This is the primary highway serving Delran. You can reach Route 130 in less than 5 minutes via Taylors Lane or Fairview Boulevard. It provides direct, signalized access north toward Burlington and Trenton, and south toward Cinnaminson and Pennsauken.
Interior Features
Heating: 90% Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C, Electric
Water Heater: Natural Gas
Total Number of Units: 0
Accessibility: None
Exterior Features
Is New Construction: No
Construction: Combination
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 100
Lot Size in Acres: 0.75
Lot Size in Sq. Ft.: 32,635
Dimensions: 294.00 x 111.00
Zoning: H - HARBOR DISTRICT
Building Total Area (Sq. Ft.): 0
Has Waterfront: No
Has Water Access: No
School
School District: DELRAN TOWNSHIP PUBLIC SCHOOLS
Additional Information
ListDate: 2026-07-29 00:00:00.0
Possession: 0-30 Days CD
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1940
Status: Active
Tax Year: 2025
Tax Amount: $13,480
Ownership Interest: Fee Simple
Business Type: Apartment Building, Banquet Facility/Lodge


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at August 23, 2026, 2:47 PM ET