1771 Burlington RdBridgeton, NJ 08302

Property Details for 1771 Burlington Rd

Year built

1959

Construction

FRAME

Lot size

2.00 AC

Property size (Sq ft)

3,500 SF

Zone code

GI

Property type

Commercial real estate

APN

13 02501-0000-00007

APU

1302501000000007

Description

This exceptional 20-acre parcel of land presents a compelling investment opportunity for industrial development. Located at 1771 S. Burlington Road in Bridgeton, Cumberland County, New Jersey (zip code 08302), this property is zoned for General Industry/Industrial use, offering significant potential for a variety of commercial ventures. The site benefits from a highly desirable location, just nine miles from Route 55, providing excellent access to major transportation arteries and facilitating efficient logistics. Furthermore, the property is eligible for a five-year tax abatement, significantly reducing initial operating costs and enhancing the overall return on investment. This strategic location also places the property in close proximity to established national companies, including Lassonde, Perdue, and Americold, creating a strong and supportive business environment. The expansive acreage provides ample space for large-scale development projects, catering to a wide range of industrial needs. This is a rare opportunity to acquire a well-positioned, commercially zoned land parcel with significant development potential in a thriving industrial area. Serious inquiries are encouraged to explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,116,950

  6.5%

  $1,031,030

  7%

  $957,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $457,310

  Geo Method

  $457,310

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,893,210

  Retail / Commercial

  $997,578

  Mixed-Use / Specialty

  $1,015,100

  Hospitality / Lodging

  $772,192

  Office

  $1,031,030

  Institutional / Educational

  $1,062,830

  Residential Income

  $1,243,510

  Multifamily

  $1,374,540

  Automotive / Energy

  $910,997

  Parking / Income-Based Land

  $293,548

  Restaurant / Food Service

  $572,950

  Healthcare / Senior Housing

  $1,019,350

Location Insight

City

Bridgeton

County

Cumberland

State

New Jersey

Latitude

39.4589

Longitude

-75.2036

CBSA code

47220

CBSA name

VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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