Development Land with Commercial
For Sale
$1,500,000
627-629 West Main Street, Moorestown, NJ 08057
Front commercial zoning with remainder zoned R-A5, permitting subdivision into about 15 residential lots.
Property Size3,354,120 SF
Lot Size77.00 Acres
Price / SF$0.45
Days on Market53
Property Features for 627-629 West Main Street
General Information
Standard status
Active
Size
3,354,120 SF
Lot size
77.00 Acres
Property subtype
Land / See Remarks
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$222,565
Amenities
08092
0.0
Partially Wooded
See Remarks
Listing Agency:
KELLER WILLIAMS REALTY
(845) 263-0432
Listed By:
ABRAHAM SHARABY · License #1325317
Source:
Compass
Added: Jun 18
Changed: Aug 8
Last Checked: Jul 20 at 10:00AM
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 KELLER WILLIAMS REALTY
Investment Insights
Based on property information with market context.
Spanning 77 acres of dry land, this parcel offers a zoning split with the front currently zoned Commercial and the remainder zoned R-A5. Existing zoning allows subdivision into approximately 15 residential lots of 5 acres each “as of right,” providing a straightforward path for land development.
The seller reports contracts have been signed by two buyers that are contingent on obtaining approvals for 100+ homes over a five-year period, with a subsequent purchase price if approvals are obtained. Rather than waiting through the entitlement process, the owner has elected to sell the property now.
For buyers focused on outright land division, the current R-A5 entitlement for residential lot creation is a key feature, while the front Commercial zoning may support a broader range of planning approaches depending on the final development concept.
The seller reports contracts have been signed by two buyers that are contingent on obtaining approvals for 100+ homes over a five-year period, with a subsequent purchase price if approvals are obtained. Rather than waiting through the entitlement process, the owner has elected to sell the property now.
For buyers focused on outright land division, the current R-A5 entitlement for residential lot creation is a key feature, while the front Commercial zoning may support a broader range of planning approaches depending on the final development concept.
Key Highlights
- 77 acres of dry land with development potential
- Front portion is zoned commercial; remainder is zoned R‑A5
- Current zoning allows subdivision into approximately 15 residential lots of 5 acres each, as of right
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,114
Businesses Nearby
Explore this area
Business Placement
Demographics for 08057, NJ
21,691
Population
8,382
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
1,418
Density / Sq Mi
$152,290
Median Household Income
$72,500
Median Earnings
$1,485
Median Rent
$626,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Front commercial zoning with remainder zoned R-A5, permitting subdivision into about 15 residential lots.
Where is this residential land & home lot located?
The property is located at 627-629 West Main Street Moorestown, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 77 acres of dry land with development potential; Front portion is zoned commercial; remainder is zoned R‑A5; Current zoning allows subdivision into approximately 15 residential lots of 5 acres each, as of right
