1102 NJ-77 | Bridgeton, NJ

  • $7,750,000
1102 NJ-77, Bridgeton, NJ, USA
For Sale

1102 NJ-77 | Bridgeton, NJ

1102 NJ-77, Bridgeton, NJ, USA
  • $7,750,000

Description

Berkshire Hathaway Commercial Services is proud to bring to market the exclusive offering of 1102 NJ-77 in Bridgeton, NJ which is part of Upper Deerfield Township. This property is ripe for redevelopment and benefits from being part of the Upper Deerfield Redevelopment Area. The property is zoned TC (Town Center) and consists of 6.34 Acres.

The Upper Deerfield Redevelopment Area consists of approximately 1060.11 acres, exclusive of public rights-of-way. The majority of this land within this Redevelopment Area is currently being farmed under contract to local farmers, and is under farmland assessment. However, with the availability of water and sewer, the land is well situated to be developed as a sustainable eco-agribusiness/industrial park. The Redevelopment Area consists of the Highway 77 corridor from the Village of Seabrook to Carlls Corner.

It is anticipated that the previous designation of this Area as an “Area in Need of Redevelopment” and enacting this “Redevelopment Plan” will result in opportunities for public/private partnerships as envisioned in the Redevelopment Statute which will enable the site to be redeveloped as uses that are both desirable and beneficial to the host community and the region as a whole.

Under the TC zoning, a developer would be able to build multiple asset classes including Retail, Hospitality, Townhouses, Assisted Living Facility, indoor commercial recreation including fitness centers, medical and research offices, banks, restaurants/cafes, community centers, day care centers, etc.

Below you’ll find the Township of Upper Deerfield Redevelopment Plan for your review. Please reach out to Berkshire Hathaway Commercial Services with any questions or interest in the site.

Please submit a request for the full Offering Memorandum

Property Documents

Upper Deerfield Redevelopment Plan

Details

Updated on May 23, 2024 at 8:12 pm
  • Price: $7,750,000
  • Property Size: 6.34 Acres
  • Property Type: Land
  • Property Status: For Sale

Additional details

  • Zoning: TC
  • Taxes: $59,197
  • Avg Vehicles Per Day: Approx. 10,000
  • City Bridgeton
  • State/county New Jersey
  • Country United States

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RYAN GOLDSMITH
  • RYAN GOLDSMITH