22 Railroad Ave Oldmans Township, NJ 08067

This vacant 0.38-acre storefront property at 22 S Railroad Ave, Oldmans Township, NJ 08067, presents a unique investment opportunity. Priced at $99,500, the property is fully entitled and approved for development into a four-unit mixed-use building, comprising two apartments and two commercial units. All necessary approvals are in place, including those from the Township Planning/Zoning Board, County Planning Board, Salem-Cumberland Soil & Water Conservation, NJDEP, and the County Department of Health (for the septic system). Completed architectural plans, including mechanical and electrical specifications, are available, making this a "shovel-ready" project. The property's location in the heart of Pedricktown offers significant advantages. Furthermore, the owner of the developed site will benefit from a Pilot (Payment in Lieu of Taxes) abatement program. This exceptional opportunity allows for immediate development and the creation of passive income streams. Don't miss this chance to secure a prime retail and residential investment in a thriving New Jersey community.