Active

350 Georgetown Rd

Penns Grove NJ, 08069

$2,300,000


$54.31 per sqft

Active

42,350 sqft

Commercial

Built in 1960

Prime Development Opportunity: 350 Georgetown, Carneys Point - 11 Acres of Endless Potential

Unlock the possibilities with this exceptional 11-acre development site located at 350 Georgetown, Carneys Point. Boasting a three-story, 42,350-square-foot building and a prime location near US-130, this property presents an unparalleled opportunity for investors and developers to bring their vision to life.

Key Highlights:
Expansive 11-Acre Site:
A vast canvas ideal for redevelopment, this property offers the space and flexibility to accommodate a variety of projects, from residential communities to mixed-use developments.

Three-Story Building:
The existing structure provides 42,350 square feet of adaptable interior space. With large windows flooding the interiors with natural light, the building is perfect for reimagining as apartments, commercial spaces, or other uses.

Valuable Amenities:
On-site features include a gymnasium, offices, and a stage area. These can be repurposed for sports, recreation, administration, or performance and event spaces, enhancing the property's development potential.

Strategic Location:
Situated near US-130, the property enjoys excellent connectivity to major transportation routes and local amenities, making it a prime choice for residential, commercial, or mixed-use projects.

Development Potential:
With its size, layout, and amenities, this property offers limitless possibilities:

Residential Redevelopment: Create a modern apartment complex or townhome community.
Mixed-Use Space: Combine residential units with retail or office spaces to serve the growing demand in the area.
Community Hub: Transform the site into an educational facility, recreational center, or cultural venue to benefit the surrounding neighborhood.
Bring Your Vision to Life
Don't miss this extraordinary opportunity to shape the future of 350 Georgetown, Carneys Point. Whether you're an investor, developer, or entrepreneur, this property is ready to bring your vision to fruition.

Contact us today to explore the possibilities and schedule a site visit!

NJSA2010414

MLS ID

March 18, 2024

Listed

November 25, 2024

Updated

Map

350 Georgetown Rd
Penns Grove NJ, 08069

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

11.24 Acres


Sewer

Public Sewer

Other Property Details

Area Name

CARNEYS POINT TWP


Taxes

$73,983


Tax Frequency

Annually


Days on Market

253


Garage

No


Parking Total

15


View

No


County

SALEM


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/25/2024

Price change

$2,300,000

9%

3/18/2024

Price change

$2,100,000

5%

Listed by TCS Management, LLC
Listing Contact: 2672103080 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/25/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Bright MLS, Inc. all rights reserved.

Data last updated on 11/25/2024 at 5:21 PM UTC

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