This vacant lot in Camden, NJ offers an excellent opportunity for new construction or a long-term investment. With 1,600 sqft of land, this lot provides ample space for building a single-family home in a developing area. The property measures 20.03 ft x 79.83 ft, making it a great canvas for builders or developers to create something new.
The lot is zoned R2 Residential, and based on similar properties in the area, you could potentially build a 1,200 to 1,400 sqft home with an estimated ARV of $250,000. With no HOA and no flood zone concerns, this is a prime spot for your next project.
Utilities are available, including public water, city sewer, and natural gas. Yearly property taxes are $247, making it an affordable option for those looking to invest in Camden’s growing market.