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2161 Fries Mill Rd - Rt. 322 & Fries Mill Rd

22.9 Acres of Industrial Land in Williamstown, NJ 08094

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INVESTMENT HIGHLIGHTS

Traffic light at intersection, 30 minutes to Philadelphia and 5 minutes to Glassboro

EXECUTIVE SUMMARY

Owner will divide the site. High exposure on Route 322 mid way between Glassboro/Rowan Univ., and Williamstown. Intersection scheduled for full improvement by the state to be completed early 2023. Various uses, including warehouse, flex, townhouses, apartments, seniors, assisted living, retail, office, hotel, mixed use, etc. Township designated as an "Area In Need Of Redevelopment" which provides a 5-year tax abatement. Intersection improvements to be completed 2023.

Monroe brochure

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Industrial
No. Lots	1	Proposed Use	Commercial Industrial Retail Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Bank Convenience Store Daycare Center Distribution Drugstore Fast Food General Freestanding Healthcare Hold For Development Hold For Investment Hotel Medical Motel Office Park Research and Development Refrigeration or Cold Storage Rehabilitation Center Religious Facility Restaurant Self Storage Single Family Development Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Truck Terminal Warehouse Single Family Residence
Property Type	Land	Total Lot Size	22.90 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Commercial Industrial Retail Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Bank Convenience Store Daycare Center Distribution Drugstore Fast Food General Freestanding Healthcare Hold For Development Hold For Investment Hotel Medical Motel Office Park Research and Development Refrigeration or Cold Storage Rehabilitation Center Religious Facility Restaurant Self Storage Single Family Development Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Truck Terminal Warehouse Single Family Residence
Total Lot Size	22.90 AC

1 LOT AVAILABLE

Lot 5 and 5.01

Lot Size	22.90 AC

Lot Size	22.90 AC

Zoned for warehouse, retail, office, etc. Other uses acceptable to the township include residential, apartments, seniors, assisted, hotel, etc. Level lot with nominal wetlands. Never developed, two road frontages, Route 322 and Fries Mill Road.

DESCRIPTION

Sub dividable

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PROPERTY TAXES

Parcel Number	11-15001-0000-00005	Improvements Assessment	$234,900
Land Assessment	$53,600	Total Assessment	$288,500

PROPERTY TAXES

Parcel Number

11-15001-0000-00005

Land Assessment

$53,600

Improvements Assessment

$234,900

Total Assessment

$288,500

ZONING

Zoning Code	BP and C (1-acre)
BP and C (1-acre)

Listing ID: 16139227
Date on Market: 5/23/2019
Last Updated:
Address: 2161 Fries Mill Rd, Williamstown, NJ 08094

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