1948 Delsea Dr Sewell, NJ 08080
This exceptional 7.61-acre parcel presents a remarkable development opportunity in the thriving Sewell, New Jersey market. Boasting an impressive 300 feet of frontage on Delsea Drive, this property enjoys high visibility and convenient access to Route 55, with the on/off ramp located just half a block away. The R-40 (Low Density Residential) zoning designation offers flexibility for a variety of residential development projects. The expansive acreage provides ample space for a thoughtfully planned community, taking advantage of its prime location and excellent accessibility. This is an ideal site for builders seeking a strategic location to capitalize on the growing demand for housing in the area. The property's size and zoning make it suitable for a range of residential development options, from single-family homes to potentially smaller multi-family dwellings, subject to local approvals and regulations. Given its prominent location and accessibility, this land offers significant potential for a lucrative investment. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The asking price is $759,900. All interested parties are responsible for conducting their own due diligence regarding zoning regulations, development permits, and other relevant factors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.