455 Main StMantua Township, NJ 08080

Property Details for 455 Main St

Construction

BRICK

Lot size

12.43 AC

Property size (Sq ft)

2,444 SF

Property type

Commercial real estate

APN

10 00160-0000-00013

APU

1000160000000013

Description

This exceptional 11.97-acre commercial land parcel presents a compelling investment opportunity in the burgeoning Mantua Township, New Jersey. Located at 455 Main St, 08080, this fee-simple property (APN 2004039) is zoned for Commercial/Residential use, offering considerable flexibility for development. The site currently includes a 2361 sq ft single-family home and a seven-bay garage equipped with two lifts and a storefront, adding immediate value. However, the true potential lies in the redevelopment of the land itself. Envisioned uses include a professional executive campus, a medical complex, or light industrial facilities. Alternatively, the zoning allows for residential dwellings. Public water and sewer services are conveniently located within 450 feet of the existing house. This expansive offering is further enhanced by the inclusion of an additional 4.86 acres of landlocked property situated on Maple Avenue. The property benefits from its strategic location near a new hospital and enjoys high visibility in a busy area. This is a rare chance to acquire a significant land holding in a rapidly growing township with diverse development possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $724,960

  6.5%

  $669,194

  7%

  $621,395

• Comparable approach

  Method

  Valuation

  Relative Method

  $319,333

  Geo Method

  $319,333

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,239,670

  Retail / Commercial

  $650,931

  Mixed-Use / Specialty

  $660,615

  Hospitality / Lodging

  $500,302

  Office

  $669,194

  Institutional / Educational

  $691,064

  Residential Income

  $808,545

  Multifamily

  $903,172

  Automotive / Energy

  $592,340

  Parking / Income-Based Land

  $192,549

  Restaurant / Food Service

  $369,212

  Healthcare / Senior Housing

  $665,138

Location Insight

City

Sewell

County

Gloucester

State

New Jersey

Latitude

39.7789

Longitude

-75.1669

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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