388 Old River Rd Edgewater, NJ 07020

Vacant land in Edgewater located minutes from New York City – an excellent builder/investor opportunity. Prime real estate is conveniently located within walking distance to multiple premier shopping centers, restaurants, a day care center, a medical office, and a NJ Transit bus stop. This is an ideal site for development in a thriving neighborhood. A hotel, residential, and retail development is currently under construction directly across the street. Donâ€TMt miss out on acquiring one of the last remaining pieces of undeveloped real estate in this gold coast town. Lot size is 6,456 square feet. The property currently has a building permit to construct a two-bay garage with an engineering site plan for a retaining wall; however, the prospective buyer may apply for any modification. Property is zoned MXD-1 (mixed-use district) permitted for the following uses: 1. Hotels 2. Office 3. Multifamily residential (above the first floor) 4. Retail and service establishments, excluding automobile sales 5. Restaurants 6. Financial institutions (no drive-through) 7. Workshops for craftsmen (artists, carpenters, etc.) with a retail component only 8. Childcare centers 9. Real estate offices Approved mixed-use lot for commercial and residential purposes. This lot offers a spectacular view of a freestanding building in New York. It has numerous potential business uses and provides excellent exposure.