2267 Hamburg Tpke Wayne, NJ 07470
- Commercial real estate
- 6.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2267 Hamburg Tpke
- Lot size
- 6.40 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6.4-acre commercial land parcel presents a unique investment opportunity in Wayne, New Jersey. Located at 2267 Hamburg Turnpike, this corner lot boasts high visibility and is situated in a thriving commercial area. The property is zoned for a variety of uses, including retail establishments, restaurants, professional offices, and more, offering considerable flexibility for development. While the total acreage is 6.4 acres, it's important to note the composition includes approximately 1.22 acres of uplands and 5.2 acres of floodplains and wetlands. This should be carefully considered during the planning and development phases. The site benefits from convenient access to utilities located at the street. The immediate vicinity features a mix of established businesses, including a QuickChek, auto dealership, Mavis Discount Tire, and other retail outlets, indicating a strong commercial presence. The area also includes several office buildings and two public schools, suggesting a robust local community. High residential density surrounds the property, providing a substantial potential customer base for retail ventures. The permitted zoning, encompassing both Zone B - Business and Zone R-15 - Residence 15, allows for a diverse range of commercial and limited residential uses. This prime location and versatile zoning make this property an attractive proposition for developers seeking a high-impact commercial development in a densely populated and well-established area. The asking price is $1,600,000.
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
- Wayne
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.2782876
- Latitude
- 40.984955