126 Zurbrugg Way Riverside, NJ 08075
- Commercial real estate
- 2.89 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 126 Zurbrugg Way
- Lot size
- 2.89 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.89-acre commercial land parcel in Riverside, New Jersey, presents a unique investment opportunity. Located at 126 Zurbrugg Way, 08075, this property is ideally situated within walking distance of Riverside's vibrant downtown area and the convenient NJ Transit Light Rail Station, ensuring excellent accessibility and high visibility. The site is zoned SD and falls within a designated redevelopment zone, opening doors to a variety of development possibilities. The township actively encourages light commercial or industrial uses for this location. A significant advantage is the availability of a long-term PILOT (Payment In Lieu Of Taxes) program, negotiable between the developer and the township of Riverside. This offers potential for substantial tax savings and enhanced return on investment. The property's size and strategic location make it an attractive prospect for developers seeking to capitalize on the growing demand for commercial space in this thriving area of Burlington County. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is offered for sale by owner at $750,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.9565187
- Latitude
- 40.0400991