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    1711 New Rd Linwood, NJ 08221

    Sponsored
    For Sale
    $399,000

    5.99 Acres, High-Visibility Location

    Property size:
    2,392 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.99-acre commercial land parcel, located at 1711 New Road in Linwood, New Jersey (08221), presents a unique investment opportunity. Priced at $399,000, this property boasts over 200 feet of frontage on New Road, ensuring high visibility and accessibility. The property's zoning is CO, and it is situated on Block 1, Lot 28. Previously occupied by a Garden State Gas Station, the site is undergoing remediation. Soil testing is complete, and groundwater testing is currently in progress. The seller has actively collaborated with the Department of Environmental Protection to increase the buildable area, with final approvals pending. The property includes a first-floor shop and a second-floor apartment, offering potential for redevelopment or repurposing. With its substantial size, prime location, and ongoing environmental improvements, this property is ideal for a variety of commercial ventures. The total square footage is 2,392, with a price per square foot of $166.81. This is a rare opportunity to acquire a well-situated commercial property in Atlantic County, New Jersey, with significant development potential. Don't miss out on this chance to capitalize on this promising investment.

    Property Features for 1711 New Rd

    General Information

    Property type
    Land
    Square Feet
    2,392 SF
    Lot Size
    260,924 SF

    HighLights

    • Former Garden State Gas Station site.
    • 5.99‑acre lot with over 200 feet of frontage on New Road.
    • Existing building features a first‑floor shop and a second‑floor apartment.
    • Seller collaborating with NJDEP to maximize buildable area; final approvals pending.
    • Site remediation underway; soil testing complete, groundwater testing in progress.
    • Block 1, Lot 28.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Linwood
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.584612
    Latitude
    39.3406368

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    FAQs

    What type of property is this?
    Land - 5.99 Acres, High-Visibility Location
    Where is this land located?
    The property is located at 1711 New Rd Linwood, NJ.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Former Garden State Gas Station site.; 5.99-acre lot with over 200 feet of frontage on New Road.; Existing building features a first-floor shop and a second-floor apartment.
    Request Owner's contact information
    1711 New Rd Linwood, NJ 08221
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    Linwood, NJ 08221
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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
    1711 New Rd Linwood, NJ 08221
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