For Sale 19 Cochran, Whitesboro, NJ, 08210

Excellent development opportunity of approximately 20 acres in the rapidly expanding area of Edgewood/Rio Grande. The vacant property runs from the east side of Route 9 (approximately 177’ frontage) to the Garden State Parkway, on the south side of Edgewood Avenue. Middle Township confirmed there is potential sewer access in the vicinity of Route 9. Block 1153, Lot 3 and Block 1154, Lot 1 are Zoned TC (Town Center). Blocks 1155-1164 are all Lot 1, zoned SR (Suburban Residential).

INVESTOR OPPORTUNITY!! Package deal. Located at 405 N Wildwood Blvd right off the Garden State Parkway, the property is a former hotel that was converted to multifamily apartments. The property has been fully renovated including new mechanicals and is ready with 13 Market Rate apartments (11 efficiencies, 1 - one bed, 1 - three bed). The building’s construction with all units being first floor walk-ins, having on-site laundry, and room for additional storage units will add to its appeal. This property will allow an investor to capture full market rents and add significant value through lease-up in a rental area with huge demand. N Wildwood Blvd benefits from its close proximity to North Wildwood’s beaches and extended shoulder season to bolster Airbnb models. To the west, Burleigh is aggressively developing commercial real estate which may interest investors in also purchasing 401 N Wildwood Blvd on this same parcel. Netting 222’ of frontage and 1.08 AC of dry land opens up a number of additional opportunities in a high traffic, high visibility area.

Property in zone called Town Business . The lot is L shaped, corner lot is 150 on Rt 9 and 100 on Cochran the attached lot is 50 on Rt 9 and 195 deep. This could be a great location for a convenience center or perhaps housing with an application for zoning approval. Owner may consider financing, depending on terms.