Approved Hotel Development
For Sale
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163 Old River Rd, Edgewater, NJ 07020
Fully approved 143-key hotel in a landmark mixed-use project with a glass-clad, 13-story design.
Property Size99,285 SF
Days on Market60
Property Features for 163 Old River Rd
General Information
Standard status
Active
Size
99,285 SF
Property subtype
Hospitality
Investment Type
Redevelopment
Building Details
Stories
13
Listing Agency:
Prominent Properties
Listed By:
Prominent Properties Commercial · License #NJ00000
Source:
Crexi
Added: Jun 30
Changed: Aug 23
Last Checked: Aug 26 at 5:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prominent Properties
Investment Insights
Based on property information with market context.
This offering is for a fully approved 143-key unflagged hotel development within a landmark mixed-use project. The concept includes a 13-story glass-clad structure with a sweeping curved facade designed to enhance natural light. Proposed guest amenities include access to an expansive elevated outdoor amenity deck with a swimming pool, cabanas, and lounge areas, along with a rooftop restaurant component.
The rooftop restaurant is approximately 11,649 square feet and is described as optional to the hotel acquisition. It may be included with the hotel purchase or retained by the landowner for separate sale or lease. The site is located at 163 Old River Road in Edgewater, positioned along the Hudson River waterfront, with stated connectivity of about seven minutes to the George Washington Bridge and about fifteen minutes to the Lincoln Tunnel.
For developers and hospitality operators, this is a project built around scale, with approval in place and an architectural program led by Michael Graves. The mix of an elevated amenity deck and rooftop dining component supports a hotel experience that aligns with transient travel demand, while the optional rooftop restaurant provides flexibility for an acquisition structure or separate disposition strategy.
The rooftop restaurant is approximately 11,649 square feet and is described as optional to the hotel acquisition. It may be included with the hotel purchase or retained by the landowner for separate sale or lease. The site is located at 163 Old River Road in Edgewater, positioned along the Hudson River waterfront, with stated connectivity of about seven minutes to the George Washington Bridge and about fifteen minutes to the Lincoln Tunnel.
For developers and hospitality operators, this is a project built around scale, with approval in place and an architectural program led by Michael Graves. The mix of an elevated amenity deck and rooftop dining component supports a hotel experience that aligns with transient travel demand, while the optional rooftop restaurant provides flexibility for an acquisition structure or separate disposition strategy.
Key Highlights
- Fully approved 143‑key unflagged hotel within a landmark mixed‑use project at 163 Old River Road in Edgewater
- 13‑story glass‑clad structure with a sweeping curved facade designed to maximize natural light and Hudson River views
- Includes an expansive elevated outdoor amenity deck with a swimming pool, cabanas, and lounge areas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,771
Businesses Nearby
Explore this area
Business Placement
Demographics for 07020, NJ
14,336
Population
7,601
Households
1.9
Avg Household Size
40
Median Age
74%
College-Educated
97%
High-School Grad
1.0 sq mi
ZIP Area
14,336
Density / Sq Mi
$137,847
Median Household Income
$102,682
Median Earnings
$2,645
Median Rent
$723,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Fully approved 143-key hotel in a landmark mixed-use project with a glass-clad, 13-story design.
Where is this hotel located?
The property is located at 163 Old River Rd Edgewater, NJ.
What are key features of this property?
This property features: Fully approved 143‑key unflagged hotel within a landmark mixed‑use project at 163 Old River Road in Edgewater; 13‑story glass‑clad structure with a sweeping curved facade designed to maximize natural light and Hudson River views; Includes an expansive elevated outdoor amenity deck with a swimming pool, cabanas, and lounge areas
