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.
Directions:
NJ-48 W in Carneys Point Township. Drive to E Main St in Penns Grove. Property on the left
Exterior Features
Septic or Sewer:
Public Sewer
Has Garage:
No
Site Description:
River
Lot Size in Acres:
14
Lot Size in Sq. Ft.:
609,840
Present Use:
Commercial
Zoning:
COMMERCIAL/VACANT LAND
Water Body Type:
River
Has Waterfront:
Yes
Has Water View:
Yes
Has Water Access:
Yes
View Description:
River
School
School District:
PENNS GROVE-CARNEYS POINT SCHOOLS
Additional Information
ListDate:
2024-01-12 00:00:00.0
Possession:
Settlement
Property Type:
LL
Property SubType:
Land
Year Built:
0
Status:
Active
Tax Year:
2022
Tax Amount:
$93,776
Ownership Interest:
Fee Simple
$
per month Year Fixed. % Interest Rate.
Principal + Interest:
$
Monthly Tax:
$
Monthly Insurance:
$
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.