The 17.27-acre parcel of land presents a unique and attractive investment opportunity. With its expansive size, favorable R-3 zoning (medium residential density), and strategic location, this Property offers significant development potential for residential projects, including single-family homes, multi-family apartments, or a sizable mixed-use development, depending on the new ownership’s vision and local regulatory considerations.
The Property is situated along South East Boulevard, with easy access to key roadways, including Route 55, which connects Vineland to other parts of Southern New Jersey. The Property is well-positioned within Vineland’s expanding urban footprint, offering accessibility and future growth potential. The Project is proximate to shopping centers, schools, parks, healthcare facilities, and public transportation options. Vineland’s city center and local amenities enhance the Property’s appeal for residential development.
The R-3 zoning classification allows for a wide range of residential development opportunities, including but not limited to:
-Single-Family Homes: Large residential estates or compact, suburban-style homes
-Multi-Family Dwellings: Townhomes, duplexes, or low-density apartment buildings
-Planned Residential Communities: Developers may be able to incorporate a blend of different residential types, depending on project scope and density allowances
-Potential for Future Re-Zoning: Given the ongoing urban expansion in the Vineland area, there may be opportunities for further zoning adjustments in the future to allow for a more diverse set of uses (e.g., mixed-use or higher-density residential). This presents an opportunity for savvy investors who may explore rezoning options
Vineland has experienced consistent population growth, increasing demand for housing options driven by locals and people relocating from nearby metropolitan areas.
The demand for affordable and mid-market housing continues to rise in Southern New Jersey, particularly in suburban areas like Vineland, as more people seek affordable living options within commuting distance of Philadelphia.
With access to Route 55 and proximity to public transit, this Property is well-connected to key markets, making it an attractive location for commuters, renters, and homeowners alike.
Investors benefit from a variety of development possibilities, including single-family or multi-family housing, with strong demand expected to continue over the long term. Whether looking to develop now or hold for future appreciation, this Property on South East Boulevard is well-positioned for a range of investment strategies.