61 Saint Mihiel Drive, DELRAN, New Jersey image 1

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MLS: #NJBL2116848, Listed By: Dawn Varallo, BHHS Fox & Roach-Marlton, Source:Bright MLS

61 Saint Mihiel Drive

DELRAN, NJ 08075

$4,950,000 $20,869/Mo

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Overview

0.75

Acre(Lot)

Description

Exceptional Delaware River Waterfront Development Opportunity 55-57, 61 & 63 Saint Mihiel Drive | Delran, New Jersey Presenting one of Southern New Jersey's most unique waterfront development opportunities. Encompassing approximately 7.7 acres across five contiguous parcels, this premier Delaware River property offers an exceptional combination of scale, location, existing improvements, and future redevelopment potential. Ideally situated in Delran, Burlington County, the property enjoys convenient access to Route 130, Route 73, I-295, the New Jersey Turnpike, and the Tacony-Palmyra Bridge, providing direct connectivity to Philadelphia and the greater South Jersey region. Its strategic location places residents and businesses within minutes of major employment centers, retail corridors, d ining, and recreational amenities while offering the tranquility and scenic beauty of a true waterfront setting. With approximately 1,200 feet of road frontage and more than 1,000 feet of direct frontage along the Delaware River, the property offers panoramic river views that are rarely available in today's market. Included riparian rights further enhance the property's long-term value and development appeal. The site is currently improved with a 10,000± square foot catering and banquet facility that successfully operated for more than 25 years, a 2,000± square foot office building, a 2,800± square foot two-story residence, and a 2,500± sq ft warehouse. Formerly Clarks Landing Marina which operated as a successful marina for many years. These existing improvements provide flexibility for interim income, owner occupancy, adaptive reuse, or phased redevelopment. Outstanding Residential Development Potential With nearly eight acres of contiguous waterfront land, the property presents an exceptional opportunity to create a signature residential community unlike any other in the region. The expansive site is well suited for a thoughtfully designed waterfront development featuring luxury condominiums, townhomes, or a mixed residential community, subject to municipal approvals. Future residents could enjoy: Unobstructed Delaware River views Private waterfront promenades and walking trails Community green space and outdoor gathering areas Boat access or marina-related amenities (subject to approvals) Luxury residential units with balconies and rooftop terraces overlooking the river Convenient commuting access to Philadelphia and major South Jersey highways As demand continues to grow for high-quality waterfront housing close to Philadelphia, opportunities to develop large-scale riverfront communities have become increasingly limited. The property's size, frontage, and unique setting position it as an ideal candidate for a transformative residential project that capitalizes on both lifestyle appeal and long-term investment value. Investment Highlights Approximately 7.7 acres across five contiguous parcels Over 1,000 feet of Delaware River frontage Approximately 1,200 feet of road frontage Included riparian rights Existing improvements totaling approximately 17,300 square feet 10,000± SF banquet/catering facility 2,000± SF office building 2,800± SF two-story residence 2,500± SF warehouse Established catering venue with more than 25 years of operating history Minutes from Rt 130, Rt 73, I-295, the New Jersey TP, and the Tacony-Palmyra Bridge Convenient access to Phila. and the surrounding metropolitan area Exceptional opportunity for luxury waterfront condominiums, townhomes, mixed-use, hospitality, or continued commercial use, subject to zoning and municipal approvals Opportunities of this caliber are exceedingly rare. Whether envisioned as a landmark waterfront residential community, an upscale mixed-use destination, or a repositioned commercial waterfront asset, 55-57, 61 & 63 Saint Mihiel Drive offers investors and developers the chance to acquire one of the Delaware River's most significant redevelopment sites in Southern NJ.

Property Details

Property Type : Land

Price : $4,950,000

AD Id : 88579668

MLS Id : NJBL2116848

Lot Size : 0.75 Acre(Lot)

County : BURLINGTON

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Lot Information

Lot Dimensions: 294.00 x 111.00 Lot Size Acres: 0.75 Lot Size Source: Assessor Lot Size Square Feet: 32635

Listing Price Information

Listing Price: $4950000

Tax Information

Parcel Number: 10-00001-00031 03 Tax Lot: 00031 03 Tax Year: 2025 Annual Tax: $13480

Location Information

Direction: U.S. Route 130: This is the primary highway serving Delran. You can reach Route 130 in less than 5 minutes via Taylors Lane or Fairview Boulevard. It provides direct, signalized access north toward Burlington and Trenton, and south toward Cinnaminson and Pennsauken. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
712 Cleveland Avenue, Riverside, NJ, 08075	$129,000	--	--	--	0.36 Acre(Lot)

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/06/2026 @ 14:11

MLS: NJBL2116848 LISTED BY: Dawn Varallo, BHHS Fox & Roach-Marlton 856-810-5300 SOURCE: Bright MLS

61 Saint Mihiel Drive

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