Waterfront Commercial Development
W MAIN STREET AND DELAWARE AVE Penns Grove, NJ 08069
For Sale
$2,750,000
COMMERCIAL - PENNS GROVE, NJ
Lot Size14.00 Acres
Days on Market924
Property Features for W MAIN STREET AND DELAWARE AVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 14.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 93776
Utilities
- Water front features
- Navigable Water, Waterfront
- Water front
- 1
Listing Agency:
Keller Williams Realty - Atlantic Shore
(609) 484-9890
Listed By:
Matthew H Haviland · License #568354
(609) 484-9890
Added: Jan 12, 2024
Changed: Jul 9
Last Checked: Jul 24 at 6:06AM
MLS# NJSA2009780
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering presents approximately 14+ acres of waterfront development land along the Delaware River, centered on Block 57 Lot 1. The site is currently zoned for commercial development and includes riparian rights. As an assemblage previously aligned with a Riverwalk concept, the property is positioned for a range of redevelopment paths, subject to local approvals and the buyer’s due diligence, zoning, environmental investigations, feasibility studies, and permitting.
The Riverwalk site is located within two miles of Interstate 295 and is accessible via major regional crossings including the Delaware Memorial Bridge and Commodore Barry Bridge. The property is reachable from Philadelphia, the Main Line, Wilmington, and Newark, DE as described in the listing remarks.
Given the combination of waterfront frontage, commercial zoning, and included riparian rights, this land is designed for tenants, developers, and investors seeking a flexible redevelopment platform. The buyer should plan for all required investigations and approvals, including utilities and any environmental or feasibility work, to confirm the final mix of uses and site design that will be supported through the permitting process.
The Riverwalk site is located within two miles of Interstate 295 and is accessible via major regional crossings including the Delaware Memorial Bridge and Commodore Barry Bridge. The property is reachable from Philadelphia, the Main Line, Wilmington, and Newark, DE as described in the listing remarks.
Given the combination of waterfront frontage, commercial zoning, and included riparian rights, this land is designed for tenants, developers, and investors seeking a flexible redevelopment platform. The buyer should plan for all required investigations and approvals, including utilities and any environmental or feasibility work, to confirm the final mix of uses and site design that will be supported through the permitting process.
Key Highlights
- Approximately 14+ acres of waterfront development land along the Delaware River
- Block 57 Lot 1 is the main riverfront parcel
- Riparian rights are included
Property Analytics
Location Intelligence
Current Use by Public Records
Waterfront Land
FAQs
What type of property is this?
Waterfront Land - Commercially zoned Delaware River land with riparian rights, suited for waterfront redevelopment subject to approvals.
Where is this waterfront land located?
The property is located at W MAIN STREET AND DELAWARE AVE Penns Grove, NJ.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Approximately 14+ acres of waterfront development land along the Delaware River; Block 57 Lot 1 is the main riverfront parcel; Riparian rights are included