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    255 Washington St Hammonton, NJ 08037

    Sponsored
    For Sale
    $294,900

    2.75 Acres, Downtown Zoning, $294,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.75-acre commercial land parcel presents a unique investment opportunity in the heart of Hammonton, New Jersey. Located at 255 & 265 South Washington Street, this property boasts a highly desirable Downtown District zoning designation, complemented by an In Town Railway zoning classification, opening doors to a wide range of commercial development possibilities. The expansive lot size provides ample space for various projects, from retail establishments and restaurants to office buildings or mixed-use developments. Situated in Atlantic County, the property enjoys convenient access to major transportation routes, ensuring excellent visibility and accessibility for potential businesses. The asking price of $294,900 represents a compelling entry point into the thriving Hammonton commercial real estate market. With its strategic location, flexible zoning, and significant acreage, this property offers substantial potential for long-term growth and profitability. The property's address is 255 & 265 South Washington Street, Hammonton, NJ 08037. Its precise coordinates are latitude 39.630881 and longitude -74.799689. This is a rare opportunity to acquire a substantial commercial land holding in a vibrant and growing New Jersey town. Don't miss this chance to secure a prime piece of Hammonton real estate.

    Property Features for 255 Washington St

    General Information

    Property type
    Land
    Lot Size
    119,790 SF

    HighLights

    • 2.75‑acre commercial land parcel in Hammonton, NJ.
    • Highly desirable Downtown District zoning with In Town Railway classification.
    • Ample space for retail, restaurants, office, or mixed‑use development.
    • Convenient access to major transportation routes.
    • Asking price: $294,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hammonton
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.799689
    Latitude
    39.630881

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    FAQs

    What type of property is this?
    Land - 2.75 Acres, Downtown Zoning, $294,900
    Where is this land located?
    The property is located at 255 Washington St Hammonton, NJ.
    What is the asking price?
    The asking price for this property is $294,900.
    What are key features of this property?
    This property features: 2.75-acre commercial land parcel in Hammonton, NJ.; Highly desirable Downtown District zoning with In Town Railway classification.; Ample space for retail, restaurants, office, or mixed-use development.
    Request Owner's contact information
    255 Washington St Hammonton, NJ 08037
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    Hammonton, NJ 08037
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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
    255 Washington St Hammonton, NJ 08037
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