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    126 Zurbrugg Way Riverside, NJ 08075

    Sponsored
    For Sale
    $750,000

    Prime NJ Commercial Land, Redevelopment Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.89-acre commercial land parcel in Riverside, New Jersey, presents a unique investment opportunity. Located at 126 Zurbrugg Way, 08075, this property is ideally situated within walking distance of Riverside's vibrant downtown area and the convenient NJ Transit Light Rail Station, ensuring excellent accessibility and high visibility. The site is zoned SD and falls within a designated redevelopment zone, opening doors to a variety of development possibilities. The township actively encourages light commercial or industrial uses for this location. A significant advantage is the availability of a long-term PILOT (Payment In Lieu Of Taxes) program, negotiable between the developer and the township of Riverside. This offers potential for substantial tax savings and enhanced return on investment. The property's size and strategic location make it an attractive prospect for developers seeking to capitalize on the growing demand for commercial space in this thriving area of Burlington County. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is offered for sale by owner at $750,000.

    Property Features for 126 Zurbrugg Way

    General Information

    Property type
    Land
    Lot Size
    125,888 SF

    HighLights

    • $750,000 asking price for 2.89 acres of commercial land.
    • Located in Riverside, NJ (08075), at 126 Zurbrugg Wy.
    • SD zoning.
    • Walking distance to downtown Riverside and NJ Transit Light Rail.
    • Situated in a redevelopment zone with potential for a long‑term PILOT agreement.
    • Township prefers light commercial or industrial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.9565187
    Latitude
    40.0400991

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    FAQs

    What type of property is this?
    Land - Prime NJ Commercial Land, Redevelopment Zone
    Where is this land located?
    The property is located at 126 Zurbrugg Way Riverside, NJ.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for 2.89 acres of commercial land.; Located in Riverside, NJ (08075), at 126 Zurbrugg Wy.; SD zoning.
    (856) 985-9522
    Request Owner's contact information
    126 Zurbrugg Way Riverside, NJ 08075
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    Riverside, NJ 08075
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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
    126 Zurbrugg Way Riverside, NJ 08075
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