42,000 SF - Prime Redevelopment Opportunity for 55+ Community

Investment Overview

An exceptional opportunity to create a vibrant age 55+ community in a highly desirable location. The combined subject properties total approximately 42,000 square feet, offering ample space for higher-density residential development, subject to approvals. Ideally situated near the downtown district, residents will enjoy convenient access to shopping, dining, and essential services. The site is well-connected with NJ Transit Bus 554 service, providing direct routes to Atlantic City and PATCO connections to Center City Philadelphia. Major highways, including the Garden State Parkway and Atlantic City Expressway, are just minutes away, ensuring easy regional access. Demand for age 55+ rental and ownership housing continues to rise across New Jersey, driven by strong demographic trends and lifestyle preferences. This property presents a rare chance to meet that need with a thoughtfully designed, accessible, and well-located community.

Investment Highlights

• Approximately 42,000 SF combined site area
• Ideal for age 55+ housing (rental or ownership)
• Close to downtown amenities and public transportation
• Easy access to Atlantic City, Philadelphia, and major highways
• Strong market demand for active adult housing statewide