Commercial Land
61 Cornwell Drive Bridgeton, NJ 08302
Details & Description
Price: $5,170,000
    The subject property consists of a +/-51.56-acre vacant land parcel. Seller is seeking approvals that are consistent with the Redevelopment Plan, which includes 240 multi-family units, 20,000 square feet of retail space and 27,000 square feet of self-storage space. Long Term Tax Abatement and PILOT Available. Attractive bank financing available through Seller.Proposed for 204 market rate apartment units, 36 affordable units, 20,000 square foot retail building, and 27,000 square feet self-storage space.
    Property Highlights
     Upper Deerfield Township is zoned R-3, Residential B-2, Business
     Public water, public sewer, natural gas.
    Additional Photos
    Listing Agents
    Thomas Palumbo

    O: 732-449-2000
    M: 732-921-9660
    palumbo@sitarcompany.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    61 Cornwell Drive

    Bridgeton, NJ 08302

    Listing ID: 281503
    • 61 Cornwell Drive Bridgeton, NJ 08302 | for Sale | Photo 1
    • 61 Cornwell Drive Bridgeton, NJ 08302 | for Sale | Photo 2
    • 61 Cornwell Drive Bridgeton, NJ 08302 | for Sale | Photo 3
    • 61 Cornwell Drive Bridgeton, NJ 08302 | for Sale | Photo 4
    61 Cornwell Drive | for Sale | Thumbnail 1
    61 Cornwell Drive | for Sale | Thumbnail 2
    61 Cornwell Drive | for Sale | Thumbnail 3
    61 Cornwell Drive | for Sale | Thumbnail 4
    Building Size: --
    Lot Size: 51.560 AC
    Land Size: 2,245,953 SF
    Building $/SF:
    Land $/SF: $2.30
    Price
    $5,170,000
    Property Highlights
    Public water, public sewer, natural gas.
    Upper Deerfield Township is zoned R-3, Residential B-2, Business
    Description

    The subject property consists of a +/-51.56-acre vacant land parcel. Seller is seeking approvals that are consistent with the Redevelopment Plan, which includes 240 multi-family units, 20,000 square feet of retail space and 27,000 square feet of self-storage space. Long Term Tax Abatement and PILOT Available. Attractive bank financing available through Seller.

    Proposed for 204 market rate apartment units, 36 affordable units, 20,000 square foot retail building, and 27,000 square feet self-storage space.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Philadelphia History of Commercial Land for Sale

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    Bridgeton Area Market Trends

    Listing Demographics for 61 Cornwell Drive Bridgeton, NJ 08302

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1,38827,33342,559
    Population Median Age373335
    Population by Age0-9 Yrs217 (15%)4527 (16%)6165 (14%)
    10-19 Yrs243 (17%)4538 (16%)6493 (15%)
    20-29 Yrs136 (9%)4165 (15%)6296 (14%)
    30-39 Yrs164 (11%)4112 (15%)6397 (15%)
    40-49 Yrs141 (10%)3414 (12%)5463 (12%)
    50-59 Yrs190 (13%)2728 (9%)4764 (11%)
    60-69 Yrs145 (10%)2079 (7%)3748 (8%)
    70+ Yrs153 (11%)1771 (6%)3233 (7%)
    Median HH Income$62,705$45,425$49,817
    Total Household Income< 24K74 (14%)2366 (28%)3579 (27%)
    25-49K138 (27%)2067 (24%)2874 (22%)
    50-74K72 (14%)1426 (17%)2174 (16%)
    75-99K75 (15%)1042 (12%)1622 (12%)
    100-199K125 (25%)1268 (15%)2254 (17%)
    200K+15 (3%)157 (1%)372 (2%)
    Highest Education LevelNo Diploma16547266697
    Diploma or GED395637011142
    Some College11225944334
    Assoc. Degree4110421762
    Bachelors Degree9111762181
    Higher Degree545711011
    Total Housing Units5239,19414,250
    --Owner-Occupied3744,2077,370
    --Renter-Occupied1254,1205,505
    Owner-Occupied Values< 100K488901576
    100-199K15420453524
    200-299K1238491507
    300-399K30264445
    400-499K049134
    500K+19111184
    Total Working Age Population1,05919,84932,178
    In Work Force66411,49217,428
    Not In Work Force3958,35714,749
    Workforce Employed64810,82816,302
    Workforce Unemployed156631,126
    Civlian Workforce66411,49217,428
    Military Workforce000
    Total Households4998,32712,875
    Family Households3335,7278,864
    Non-Family Households1662,6004,011
    Married Couple2082,9114,814
    Other Family1252,8154,050
    Married w/Child851,4542,113
    Single Male w/Child6385484
    Single Female w/Child651,2101,641

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Cumberland County146,438+7156,898+1158,600+2162,000
    Gloucester County254,673+13288,288+1292,000+5305,800
    Salem County64,285+366,083-563,000-361,000

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 61 Cornwell Drive in Bridgeton?
    The asking price for 61 Cornwell Drive is $5,170,000
    How much land does the Bridgeton, NJ property at 61 Cornwell Drive include?
    61 Cornwell Drive in Bridgeton includes 51.560 acres of land
    What kind of Land is the propery at 61 Cornwell Drive?
    The property at 61 Cornwell Drive Bridgeton, NJ 08302 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 61 Cornwell Drive in Bridgeton?
    The population within 1 mile of 61 Cornwell Drive Bridgeton, NJ 08302 is 1,388 people.
    Who do I contact for questions about 61 Cornwell Drive?
    You should contact the listing agent, Thomas Palumbo , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Philadelphia International Airport (PHL) 28
    Baltimore Washington International (Thurgood Marshall Airport) (BWI) 80
    Newark Liberty International Airport (EWR) 102