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    1240 Route 206 Shamong, NJ 08088

    Sponsored
    For Sale
    $1,485,000

    16 Acres, Prime Location, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16.03-acre commercial land parcel presents a rare investment opportunity in Shamong, New Jersey. Located on Route 206 in desirable Burlington County, this cleared, undeveloped land boasts 1166.48 feet of frontage and 611 feet of depth, offering unparalleled visibility and accessibility. Currently zoned QFARN (AGR/Comm Designation), the property is suitable for a variety of commercial uses, potentially requiring variances depending on the intended development. The site benefits from high traffic counts (20,000-25,000 vehicles daily), excellent demographics with high average household incomes within a five-mile radius, and proximity to major roadways including I-295, Routes 38, 73, 70, and the NJ and PA Turnpikes. Convenient access to Philadelphia, the Jersey Shore, and New York City further enhances its appeal. The property is also near Wharton State Forest and major shopping centers. Note that a proposed 1.053-acre utility easement for an adjacent property will be recorded upon approval. All necessary municipal, Pinelands Commission, and state approvals, including well and septic permits, are the buyer's responsibility. This property is being sold "AS IS". The asking price is $1,485,000, representing a price per acre of $92,638.80. The APN is 32-00022-00010 03-QFARM. This is a unique opportunity for developers and investors seeking a high-profile location with significant development potential.

    Property Features for 1240 Route 206

    General Information

    Property type
    Land
    Lot Size
    698,267 SF

    HighLights

    • $1,485,000 asking price for 16.03 acres of commercial land.
    • Located at 1240 Route 206, Shamong, NJ 08088, in Burlington County.
    • QFARN zoning; potential for various uses, subject to approvals.
    • 1,166.48 feet of Route 206 frontage and 611 feet deep.
    • High traffic count (20,000‑25,000 vehicles daily), excellent demographics.
    • Convenient access to major roadways (I‑295, Routes 38, 73, 70, PA & NJ Turnpikes, Atlantic City Expressway), Philadelphia, and the Jersey Shore.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Department Store Discount Store Garden Center Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shamong
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.7355472
    Latitude
    39.8125659

    Nearby Comparable

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      Shamong Township Commercial Opportunity

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    Nearby Similar for Sale

    • $675,000
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      Farm with Barn and Pond

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    • $969,000
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      Shamong Industrial Park Land

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      Shamong Retail Building - 2 Acres

      Prime retail space, 2.12 acres, high visibility.
      276 Indian Mills Rd, Shamong, NJ 08088
      View Details

    FAQs

    What type of property is this?
    Land - 16 Acres, Prime Location, High Visibility
    Where is this land located?
    The property is located at 1240 Route 206 Shamong, NJ.
    What is the asking price?
    The asking price for this property is $1,485,000.
    What are key features of this property?
    This property features: $1,485,000 asking price for 16.03 acres of commercial land.; Located at 1240 Route 206, Shamong, NJ 08088, in Burlington County.; QFARN zoning; potential for various uses, subject to approvals.
    Request Owner's contact information
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    Shamong, NJ 08088
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1240 Route 206 Shamong, NJ 08088
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