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516 S Delsea Dr
Clayton, NJ 08312
Clayton Park Residences · Land For Sale · 2.90 AC

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INVESTMENT HIGHLIGHTS

  • Five Buildings, Three Stories, 5.8-Acres, 112 Units on 5.8 Acres
  • Less than Four Miles from Rowan University
  • Amenities and Design Include: Residents Lounge, Party Room, 24/7 Self-Checkout Mini-market, Amazon Lockers, Bike Racks, Fitness Center, & more
  • Mix of One and Two-Bedroom Units with 100 Market and 12 Affordable Units
  • Benefit from Energy Cost Savings and Significant Tax Incentives of Proposed Exterior Panel Design

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present the exclusive opportunity of Clayton Park Residences - [Approved Development], located at 516 S Delsea Drive, 544 S Delsea Drive, 552 S Delsea Drive, and 257 Novak Drive in Clayton, New Jersey. Comprised of 112 units, amongst five buildings, the development is situated on a total of 5.8 acres and is located less than five miles from Rowan University. Efficiently designed, the garden-style multi-family buildings are each three stories and built with wood frames. With 100 market units and 12 affordable, the units are a mixture of one and two-bedroom units and the full site plan has gained approval by the township.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 2.90 AC
Zoning CO - Vacant Land

1 LOT AVAILABLE

Lot

Price $5,444,088 CAD
Price Per AC $1,875,445.48 CAD
Lot Size 2.90 AC

Wooded and flat land.

  • Listing ID: 33194554

  • Date on Market: 2024-09-16

  • Last Updated:

  • Address: 516 S Delsea Dr, Clayton, NJ 08312

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