5100 Delsea DriveVineland, NJ 08360

Description

Attention Developers and Savvy Real Estate Investors... Check out this rare-find 46.71 +/- acres situated in in the City of Vineland and Franklin Township. The lots offer road frontage on SR 47/Delsea Drive - 938 +/- feet and road frontage on Grubb Road - 2733 +/- feet. The zoning for City of Franklin Twp is MV (Malaga Village) - permitted uses with frontage on SR 47/Delsea Drive include business offices, professional offices, retail stores/shops, banks, taverns, clubs, lodges, places of worship and much more.... Gas is available and public water (via Vineland lots). Good traffic counts on SR 47/Delsea Drive - 7356 vehicles/day - 2018 count and very close proximity to Route 55. Great 1031 exchange replacement property - perfect for a long term holding with good upside potential. Property consists of block 5101 lots 6, 7 and 8 (31.82 +/- acres - Franklin Twp) and block 103 lots 1 and 2 (15.34 +/- acres - Vineland City). Franklin Township lots (5101, lots 6,7 and 8) are in the Affordable Housing Overlay zone. As Wil Rogers astutely said, "Don't wait to buy land, Buy land and wait." Sellers are open to offers for specific parcels in Franklin Township and Vineland City. The property does not have to be sold as a package.

Property Information

Property type

Land

Lot size

46.71 acres

Zoning

A-5/MV

Days on market

1084

MLS^® Listing#

NJCB2015402

Property Features

Lot features

Wooded

Utilities

Phone Available · Sewer Available · Water Available · Natural Gas Available · Electricity Available

Water source

Public

Schools

District

CITY OF VINELAND BOARD OF EDUCATION

Financial Details

HOA

None

Annual taxes

$11,312Tax year 2023

Assessed value

$321,100

Parcel number

NO TAX RECORD

Directions

Route 40 East toward Malaga, make (R) on SR 47/Delsea Drive, PIQ will be on your left hand side