100 Grove StBridgeton, NJ 08302

  • Industrial properties
  • 6.74 AC
For Sale
$2,249,000 View listing

Property Details for 100 Grove St

Construction
CONCRETE BLOCKS
Lot size
6.74 AC
Property type
Industrial properties
APN
01 00146-0000-00001- 02
APU
10014600000000102

Description

This exceptional 6.74-acre industrial property located at 100 Grove Street, Bridgeton, NJ, presents a compelling redevelopment opportunity for discerning business owners and investors. The substantial warehouse building encompasses approximately 83,712 square feet and is currently in need of repair, offering a blank canvas for a comprehensive renovation or repurposing project. The property's strategic location within the Urban Enterprise Zone provides access to potential tax incentives and economic development programs, further enhancing its investment appeal. The expansive 6.74-acre lot offers ample space for expansion, additional construction, or the incorporation of outdoor operational areas. This substantial property is priced at $2,249,000 and represents a significant opportunity to acquire a large-scale industrial asset in a prime location with considerable upside potential. The existing structure, while requiring renovation, provides a solid foundation for a variety of industrial uses, making it an attractive proposition for businesses seeking to establish a strong presence in the Bridgeton market. The scale of the property and its location within the Urban Enterprise Zone combine to create a unique investment opportunity with significant long-term growth potential. Serious inquiries are encouraged to explore the possibilities this property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $94,640,744
    Hospitality
    $86,690,408
    Educational
    $72,125,400
    Medical
    $74,605,904
    Retail
    $112,195,072
100 Grove St, Bridgeton, New Jersey

Location Insight

City
Bridgeton
County
Cumberland
State
New Jersey
Latitude
39.4212
Longitude
-75.2315
CBSA code
47220
CBSA name
VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$21,294
$168,500
$403,300
$571,800
-
$168,500
$403,300
$571,800

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