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    OFF-MARKET
    Specialty properties

    1102 Nj-77, Bridgeton, NJ 08302

    6.34 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 6.34-acre property in Bridgeton, NJ, offers exceptional redevelopment potential. Located in the Upper Deerfield Redevelopment Area and zoned TC (Town Center), it allows for diverse development options. The site boasts convenient Highway 77 frontage and access to water and sewer, making it ideal for various uses. The Upper Deerfield Redevelopment Plan envisions public-private partnerships, fostering opportunities for sustainable eco-agribusiness, industrial parks, or mixed-use developments. Permitted uses under the TC zoning include retail, hospitality, townhouses, assisted living facilities, indoor commercial recreation (fitness centers), medical and research offices, banks, restaurants, cafes, community centers, and day care centers. This strategically located site presents a unique chance to capitalize on the area's growth and create a valuable asset. The property is currently part of a larger 1060.11-acre redevelopment area, much of which is currently farmland under assessment. This offering includes the Township of Upper Deerfield Redevelopment Plan for detailed review. The property is a multi-tenant site with an updated rent roll. This is a rare opportunity to acquire a significant parcel of land with substantial development potential in a designated redevelopment zone.

    Property profile
    Verified
    Property type Specialty properties
    Lot 6.34 ac (276,170 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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