62 Berlin Rd Stratford, NJ 08084-1464

This exceptional 1.59-acre commercial land parcel in Stratford, New Jersey, presents a remarkable development opportunity. Ideally situated directly across from the NJ Transit/PATCO station (a one-minute drive or four-minute walk), this property offers unparalleled convenience and accessibility. The site is designated within a redevelopment zone, qualifying for attractive tax incentives, significantly enhancing the project's financial viability. Preliminary projections indicate the potential to construct between 60 and 70 apartments. Several housing options are feasible, including multi-story 55+ senior housing, workforce housing, and low/moderate-income apartments, catering to a diverse range of housing needs within the community. The location boasts proximity to numerous amenities, including Rowan University's School of Osteopathic Medicine, and a variety of retail establishments such as Target, Aldi, Wawa, and Dollar Tree, ensuring residents have easy access to essential services and conveniences. Given the significant demand for housing in this area, this property represents a compelling investment prospect for developers seeking to capitalize on the favorable location and tax incentives. The property is being offered for sale after entitlements. This is an exceptional opportunity to develop a thriving residential community in a highly desirable location.