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    516 Delsea Dr Clayton, NJ 08312

    • Land
    For Sale
    View listing
    $5,000,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 516 Delsea Dr

    Property type
    Land

    Description

    Exceptional investment opportunity: 112-unit multifamily development site in Clayton, NJ, encompassing 5.8 acres. This approved project features five three-story buildings with a mix of 100 market-rate and 12 affordable one- and two-bedroom units. Conveniently located less than four miles from Rowan University, the site boasts energy-efficient design, resulting in significant tax incentives. Attractive amenities include a residents' lounge, party room, 24/7 mini-market, Amazon lockers, fitness center, conference/business center, outdoor pickleball court, terrace with fire pit, ping pong table, and walking path. The total land area is 126,447 square feet, offering a compelling opportunity for immediate development. The project's comprehensive site plan has received full township approval, minimizing potential delays. This prime location and well-designed development plan present a strong return on investment. The asking price is $5,000,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.0909
    Latitude
    39.649

    Comparable in this City

    • Value Estimation by Request
      8.50 Acres

      200 Cenco Blvd

      Land • 8.50 Acres
      200 Cenco Blvd, Clayton, NJ 08312
      View Details
    • Value Estimation
      $250,000
      4,096 SF

      931 Delsea Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,096 SF
      931 Delsea Dr, Clayton, NJ 08312-1019
      View Details
    • Value Estimation
      $285,000
      2,110 SF

      308 Broad St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,110 SF
      308 Broad St, Clayton, NJ 08312-1410
      View Details
    • Value Estimation
      $90,000
      2,200 SF

      22 Chestnut St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,200 SF
      22 Chestnut St, Clayton, NJ 08312-1810
      View Details
    • Value Estimation
      $315,000
      2,632 SF

      50 Jerrys Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,632 SF
      50 Jerrys Ave, Clayton, NJ 08312-2151
      View Details
    • Value Estimation
      $270,000
      0.92 Acres

      690 Broad St

      COMMERCIAL (GENERAL) • 0.92 Acres
      690 Broad St, Clayton, NJ 08312
      View Details

    Similar Nearby for Sale

    • $5,000,000

      Clayton Park Residences: 112-Unit Development Site

      NJ Multifamily Land, Approved Plans
      516 Delsea Dr, Clayton, NJ 08312
      View Details
    • $3,900,000

      112-Unit Multifamily Investment Opportunity

      112 units on 5.8 acres near Rowan University.
      544 S Delsea Dr, Clayton, NJ 08312
      View Details
    • $38,900
      0.37 Acres

      Wooded Lot in Clayton, NJ

      A 0.37-acre wooded lot in a quiet Clayton location.
      271 Kille Rd, Clayton, NJ 08312
      View Details
    • $1,400,000

      Delsea Drive Land Opportunity

      Prime land for development in Gloucester County, Clayton Borough.
      932 N Delsea Dr, Clayton, NJ 08312
      View Details
    • Contact for pricing
      8,300 SF

      Highway Commercial Flex Space

      8,300 SF flex space on 2.7 acres.
      3497 Delsea Dr, Clayton, NJ 08312
      View Details
    • $450,000
      2,400 SF

      Clayton Mixed-Use Investment Property

      Fully Leased, High-Return Investment
      311 Delsea Dr, Clayton, NJ 08312
      View Details
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    516 Delsea Dr
    Clayton, NJ 08312
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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
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