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Residential Development Land Site
For Sale
$499,900
Pending

397 S 1st Rd, Hammonton, NJ 08037

Residentially zoned development land with frontage on Grand Street and 1st Road plus public water and sewer.

Property SizeContact for details
Lot Size9.81 Acres
Days on Market764

Property Features for 397 S 1st Rd

General Information

Standard status Pending
Lot size 9.81 Acres
Property subtype Land
Zoning R-3

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,465
Listing Agency: Joe Wiessner Realty LLC
Listed By: Joseph Wiessner · License #9481996
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Jul 4 at 8:23PM

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 Joe Wiessner Realty LLC

Investment Insights

Based on property information with market context.

This is a residential development land site totaling 9.81 acres, located in the R-3 zone. The property has public water and sewer and is described as a perfect rectangle. There is access and frontage on both Grand Street and 1st Road, with 330 feet of frontage on each road and an overall length of 1,295 feet.

The site is adjacent to the Tim Schaeffer development “Woodbridge.” The property includes two existing houses near 1st Road; the rear house is described as a likely tear-down, while the nearer house is described as being in poor condition. There are also three trailer bodies on the property, and multiple entries are restricted as outlined in the remarks.

The estimated potential layout is stated as 14 to 16 houses or 16 to 18 twin units, with the estimate based on a 50-foot conceptual internal road. Engineering work and all approvals at the local, state, and federal level are identified as the responsibility of the buyer. Closing is described as occurring once a zoning permit is attained.

Key Highlights

  • 9.81‑acre development land in the R‑3 zone with public water and sewer
  • Frontage on both Grand Street and 1st Road (330' on each), with a 1,295' deep, rectangular lot
  • R‑3 zoning allows 1 house per 25,000 SF and twin units per 37,500 SF

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Law Firm Auto Parts Store Storage Facility

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

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 08037, NJ

23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residentially zoned development land with frontage on Grand Street and 1st Road plus public water and sewer.
Where is this residential land & home lot located?
The property is located at 397 S 1st Rd Hammonton, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 9.81‑acre development land in the R‑3 zone with public water and sewer; Frontage on both Grand Street and 1st Road (330' on each), with a 1,295' deep, rectangular lot; R‑3 zoning allows 1 house per 25,000 SF and twin units per 37,500 SF
More about this property
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