Property summary
This unique 7,000 square foot industrial property in Delanco, NJ, presents a rare opportunity. Situated on the Rancocas Creek, offering direct access to the Delaware River via a concrete boat ramp, this fee-simple property boasts a 7,000 square foot cinder block building with a cement slab. The building, built in 1920, is currently vacant and classified as Class C, requiring significant renovation or demolition. The property features 22 parking spaces and one dock-high door. Ceiling heights vary from 8 to 14 feet. Zoned R-6, the property has undergone environmental remediation addressing several areas of concern, with a deed restriction prohibiting residential or school construction. Public water and sewer are available. The property's prime location offers easy access to major roadways including Interstate 295, the NJ Turnpike, AC Expressway, Garden State Parkway, and local routes 206, 73, 70, and 38, as well as several bridges. Its proximity to the Rancocas Creek Greenway Trail, major shopping centers (Centerton Square, Wegmans, Costco), and prominent medical institutions (University of Pennsylvania, Jefferson, Virtua, Fox Chase, Cooper) adds significant value. The property is being sold "as is," with all inspections and certifications the responsibility of the buyer. This presents a unique opportunity for redevelopment or repurposing in a rapidly growing area. The asking price is $349,900. APN: 09-01411-00001.
Property profile
VerifiedCap rate & NOI
Current use
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Train Depot
Location
Value estimations
Owner & transaction history
Zoning & alternative use
square feet.) R-3 Single-Family Residential (minimum lot size: 10,000 square feet) R-4 Single-Family Residential (minimum lot size: 7,500 square feet) R-5 Single-Family Residential (minimum lot size: 6,000 square feet) R…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-6 · Delanco, NJsquare feet.) R-3 Single-Family Residential (minimum lot size: 10,000 square feet) R-4 Single-Family Residential (minimum lot size: 7,500 square feet) R-5 Single-Family Residential (minimum lot size: 6,000 square feet) R…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
square feet.) R-3 Single-Family Residential (minimum lot size: 10,000 square feet) R-4 Single-Family Residential (minimum lot size: 7,500 square feet) R-5 Single-Family Residential (minimum lot size: 6,000 square feet) R…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-6 in Delanco, NJ.
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