Property profile

1102 Nj-77 Bridgeton, NJ 08302

OFF-MARKET
Specialty properties
6.34 ac lot
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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

Location

1102 Nj-77 Bridgeton, NJ 08302
Bridgeton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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