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Mixed-Use Development Land Parcel
For Sale
$1,580,000

388 Old River Road, Edgewater, NJ 07020

Vacant mixed-use zoned land with an approved permit for a two-bay garage and retaining wall engineering site plan.

Property SizeContact for details
Lot Size0.15 Acres
Days on Market64

Property Features for 388 Old River Road

General Information

Standard status Active
Lot size 0.15 Acres
Property subtype Land
Zoning Vacant Land
Listing Agency: Alpine MC Realty LLC
Listed By: Woo Choi
Source: Evrealestate
Added: Jun 29 Changed: Aug 23 Last Checked: Aug 31 at 12:36PM

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 Alpine MC Realty LLC

Investment Insights

Based on property information with market context.

This is a vacant commercial land parcel in Edgewater with an existing building permit to construct a two-bay garage. The approval includes an engineering site plan for a retaining wall, and a prospective buyer may apply for modifications to fit alternative plans.

The property is zoned MXD-1 (mixed-use district) and permits a range of uses including hotels, office, multifamily residential (above the first floor), retail and service establishments (excluding automobile sales), restaurants, and financial institutions (no drive-through). The MXD-1 list also includes real estate offices, workshops for craftsmen with a retail component, and childcare centers.

The lot is described as an approved mixed-use site for commercial and residential purposes. Development is also underway directly across the street, and the property is positioned as a remaining undeveloped parcel in the area.

Key Highlights

  • Vacant 6,456 SF lot in Edgewater with mixed‑use zoning (MXD‑1) and an approved mixed‑use development concept.
  • MXD‑1 allows hotels, office, multifamily residential (above first floor), retail/service (excluding automobile sales), and restaurants.
  • Additional MXD‑1 permitted uses include financial institutions (no drive‑through), childcare centers, and real estate offices; workshops for craftsmen with a retail component.

Property Analytics

Current Use

Edgewater Tunnel (Eastern ... Tour Operator

Suggested Use

Top Pick Building Supply Law Firm Auto Parts Store Big Box & Wholesale Store Storage Facility Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,977
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant mixed-use zoned land with an approved permit for a two-bay garage and retaining wall engineering site plan.
Where is this commercial land located?
The property is located at 388 Old River Road Edgewater, NJ.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Vacant 6,456 SF lot in Edgewater with mixed‑use zoning (MXD‑1) and an approved mixed‑use development concept.; MXD‑1 allows hotels, office, multifamily residential (above first floor), retail/service (excluding automobile sales), and restaurants.; Additional MXD‑1 permitted uses include financial institutions (no drive‑through), childcare centers, and real estate offices; workshops for craftsmen with a retail component.
More about this property
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