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Millville Land in Commercial District
For Sale
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Pending

424 N 3rd St, Millville, NJ 08332

Three parcels totaling 7,500 SF in redeveloping neighborhood.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market965

Property Features for 424 N 3rd St

General Information

Standard status Pending
Lot size 0.17 Acres
Property subtype Land
Zoning Downtown Commercial
Listing Agency: DePalma Realty
Listed By: Larry DePalma · License #NJ 7839819
Source: Crexi
Added: Jan 9, 2024 Changed: Aug 13 Last Checked: Aug 31 at 12:35PM

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 DePalma Realty

Investment Insights

Based on property information with market context.

Three parcels are being sold together, totaling approximately 7,500 square feet. The lots are located at the corner of North 3rd Street (CR-555) and East Oak Street. The property, identified as Block 360, Lots 1, 3, and 4, is within a newly rezoned “Downtown Commercial” District. The zoning allows for live/work units, offices, retail spaces, restaurants, artist studios, galleries, and parking lots. A building of up to 4 floors, or approximately 20,000 square feet, can be constructed. The property is located within an Urban Enterprise Zone and a Neighborhood Revitalization Tax Credit Zone. The surrounding neighborhood is rapidly redeveloping, with strong sales and rentals. All utilities, including electric, gas, cable, water, and sewer, are available at the sidewalk. The location is within walking distance of the Arts District, shopping, dining, services, entertainment, parks, and a boating ramp. It is a 4-minute drive to a regional mall and on/off ramps for NJ-55 Highway, providing access to Philadelphia and NJ beaches within 40 minutes. Confirm all specifications of your projected use with the Millville City Zoning Department.

Key Highlights

  • Prime location at the corner of North 3rd St and East Oak St in a rapidly redeveloping neighborhood.
  • Zoned "Downtown Commercial" allowing for diverse uses: live/work units, offices, retail, restaurants, artist studios, gallery, parking lot.
  • Potential to build up to 4 floors / approximately 20,000 S.F.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Bakery (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store

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

826
Businesses Nearby

Demographics for 08332, NJ

35,396
Population
15,063
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
104.5 sq mi
ZIP Area
339
Density / Sq Mi
$65,825
Median Household Income
$39,595
Median Earnings
$1,223
Median Rent
$195,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Three parcels totaling 7,500 SF in redeveloping neighborhood.
Where is this commercial land located?
The property is located at 424 N 3rd St Millville, NJ.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Prime location at the corner of North 3rd St and East Oak St in a rapidly redeveloping neighborhood.; Zoned "Downtown Commercial" allowing for diverse uses: live/work units, offices, retail, restaurants, artist studios, gallery, parking lot.; Potential to build up to 4 floors / approximately 20,000 S.F.
(856) 825-5500 Call to check price and availability
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