This Land Property is no longer advertised on LoopNet.com.

49 Union St
Salem, NJ 08079
4 Lots Sold Together, 0.33+/- Acres · Land For Sale · 0.33 AC

Investment Highlights

  • Opportunity Zones and Tax Incentives
  • Public Utilities Available
  • Comprehensive Redevelopment Plan

Property Facts

Property Type Land
Property Subtype Residential
Total Lot Size 0.33 AC
Zoning R-2 - Residential

Description

By Order of the City of Salem 4 Residential Lots Sold Together – 0.33+/- Acres Plus 50+/- Properties for Redevelopment Structures & Lots Throughout the City Salem, NJ May 21, 2025 - Four R-2 Residential Zone Lots, sold in one package - 0.33+/- total acres - Plus 50+/- Properties – Lots & Structures (List of Properties Available) - Join in the Salem Redevelopment Plan and Take Advantage of Opportunity Zone Incentives - Comprehensive Redevelopment Plan: The city has adopted a comprehensive redevelopment plan focused on rehabilitation and improving conditions within Salem. This plan provides a broad overview for planning, development, and redevelopment efforts, ensuring a structured approach to revitalizing the city. This process aims to facilitate redevelopment and attract developers. - Opportunity Zones and Tax Incentives: Salem City is part of an Opportunity Zone, providing potential tax benefits and incentives for investors and businesses looking to develop or expand in the area. These incentives are designed to stimulate economic growth and redevelopment. - Rich Historic Heritage and Vibrant Community Events: The city hosts engaging events like the Salem County Fair, which has been promoting agriculture since 1959. These events foster community spirit and provide fun activities for all ages. - County Seat: Salem City serves as the county seat of Salem County, making it the administrative center and hub for local government activities. Wednesday, May 21st at 11 am Call today or visit our website for a List of Properties and register for the Property Information Package

  • Listing ID: 35721783

  • Date on Market: 5/2/2025

  • Last Updated:

  • Address: 49 Union St, Salem, NJ 08079

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}