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Broadway Rd - Residential Development Opportunity 75 Acres of Commercial Land Offered at $1,532,430 CAD in Pennsville, NJ 08070



Investment Highlights
- The site is close to major retail centers and bus routes.
Executive Summary
Residential Development opportunity located at South Broadway/Hook within Pennsville Township. The assemblage of lots (2) creates a prime parcel of land suitable for townhome development under the Township’s Court-approved and previously adopted inclusionary zoning plan. The site is close to major retail centers and bus routes. Previous conceptual plans envisioned the construction of approximately 152 townhomes. This 73.10-acre property includes 40.18 acres of upland (approximate), providing ample space for residential development. All numbers are subject to buyer due diligence and approvals, as the current plans are conceptual. Currently, the land is mostly clear and being farmed, which enhances its readiness for future development. Rollback taxes may apply due to its agricultural use. This site represents a valuable opportunity for developers looking to contribute to the housing needs of the area while benefiting from established zoning agreements.
Property Facts
| Price | $1,532,430 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 75.00 AC |
| Property Type | Land | Cross Streets | Hook |
| Zoning | R-1 - COAH Site | ||
| Price | $1,532,430 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 75.00 AC |
| Cross Streets | Hook |
| Zoning | R-1 - COAH Site |
1 Lot Available
Lot
| Price | $1,532,430 CAD | Lot Size | 75.00 AC |
| Price Per AC | $20,432.40 CAD |
| Price | $1,532,430 CAD |
| Price Per AC | $20,432.40 CAD |
| Lot Size | 75.00 AC |
Block 4401, Lot 16 and Block 4301 Lot 47
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 09 04401-0000-00016-0000-QFARM | Improvements Assessment | $0 CAD |
| Land Assessment | $42,772 CAD | Total Assessment | $42,772 CAD |
Property Taxes
Parcel Number
09 04401-0000-00016-0000-QFARM
Land Assessment
$42,772 CAD
Improvements Assessment
$0 CAD
Total Assessment
$42,772 CAD
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Broadway Rd - Residential Development Opportunity
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