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Block 110 Lot 3 Bridgeton Pike - Bridgeton Pike 4.35 Acres 4.35 Acres of Residential Land Offered at $1,186,532 CAD in Mantua, NJ 08051



INVESTMENT HIGHLIGHTS
- Heavy main road traffic
- Residential and Commercial area
EXECUTIVE SUMMARY
The property is located on north side of Route 45, between Brittany and Washington Avenues with 322 ft of frontage. It is situated directly across the street from a large strip mall containing a Planet Fitness, Wine Warehouse, Public Storage, and a Dollar General. Two separate reports (An Appraisal/Summary Report and a Feasibility Report) suggest, while currently zoned Residential, that Commercial is the highest and best use for the property. Both reports contend that there is real potential to achieve a commercial variance based on the mix of properties/uses in immediate area and based on other successful variances that have been granted. While there is a significant footprint of wetlands on the property, it is estimated that a movement of wetlands within the property is viable and would leave buildable land along Route 45. Both the Appraisal/Summary Report from 2007 and the Feasibility Report are available upon request.
Do not walk property without permission and direction from seller.
Do not walk property without permission and direction from seller.
PROPERTY FACTS
1 LOT AVAILABLE
Lot 110
| Price | $1,186,532 CAD | Lot Size | 4.35 AC |
| Price Per AC | $272,765.98 CAD |
| Price | $1,186,532 CAD |
| Price Per AC | $272,765.98 CAD |
| Lot Size | 4.35 AC |
Vacant Land located among a mix of commercial and residential properties. R11 (Residential Zone), but commercial variance seems achievable. 322 ft of frontage along Route 45. An Appraisal and a Feasibility Report are included in this listing
DESCRIPTION
Vacant land.
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PROPERTY TAXES
| Parcel Number | 10-00110-0000-00003 | Improvements Assessment | $0 CAD |
| Land Assessment | $79,530 CAD | Total Assessment | $79,530 CAD |
PROPERTY TAXES
Parcel Number
10-00110-0000-00003
Land Assessment
$79,530 CAD
Improvements Assessment
$0 CAD
Total Assessment
$79,530 CAD
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Block 110 Lot 3 Bridgeton Pike - Bridgeton Pike 4.35 Acres
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