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51 Norman Ave
Delran, NJ 08075
Industrial Property For Sale
Investment Highlights
- A rare opportunity to acquire a historic maritime manufacturing site in the heart of the Riverside Harbor District.
- The property offers a unique and valuable footprint along the Delaware River.
- 2-acre waterfront property has served as the production home of Cherubini Yachts.
- Direct frontage on Dredge Harbor with immediate access to the Delaware River, supporting vessel launch, testing, and transport.
Executive Summary
51 Norman Avenue presents a distinctive opportunity to acquire a waterfront industrial asset with a long-standing manufacturing legacy along Dredge Harbor in Delran, New Jersey. Historically occupied by Cherubini Yachts, the property offers direct water access to the Delaware River, creating functionality that is difficult to replicate within the region. The site is positioned for owner-users, marine-related operators, specialty manufacturers, and investors seeking a unique industrial holding with both operational utility and long-term value.
The property's marine commercial zoning, waterfront frontage, and established industrial improvements support a variety of business uses that benefit from waterborne access, equipment staging, fabrication, testing, storage, and transportation capabilities. Located within Burlington County and the greater Philadelphia metropolitan area, the asset provides convenient connectivity to major regional transportation corridors serving Southern New Jersey, Philadelphia, and surrounding Mid-Atlantic markets.
The nearly two-acre waterfront setting offers a combination of industrial functionality and strategic positioning along a working harbor environment. Direct access to Dredge Harbor supports vessel launch, testing, and transport activities while providing a specialized feature set rarely available in traditional industrial properties. For buyers seeking an owner-user facility, maritime operation, or niche industrial investment, 51 Norman Avenue offers a combination of waterfront access, manufacturing history, and regional connectivity that distinguishes it within the marketplace.
The property's marine commercial zoning, waterfront frontage, and established industrial improvements support a variety of business uses that benefit from waterborne access, equipment staging, fabrication, testing, storage, and transportation capabilities. Located within Burlington County and the greater Philadelphia metropolitan area, the asset provides convenient connectivity to major regional transportation corridors serving Southern New Jersey, Philadelphia, and surrounding Mid-Atlantic markets.
The nearly two-acre waterfront setting offers a combination of industrial functionality and strategic positioning along a working harbor environment. Direct access to Dredge Harbor supports vessel launch, testing, and transport activities while providing a specialized feature set rarely available in traditional industrial properties. For buyers seeking an owner-user facility, maritime operation, or niche industrial investment, 51 Norman Avenue offers a combination of waterfront access, manufacturing history, and regional connectivity that distinguishes it within the marketplace.
Property Facts
| Sale Type | Investment or Owner User | Rentable Building Area | 8,000 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 1962 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.96 AC | ||
| Zoning | Marine Commercial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.96 AC |
| Rentable Building Area | 8,000 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Tenancy | Single |
| Zoning | Marine Commercial |
Property Taxes
| Parcel Number | 10-00001-0000-00010 | Improvements Assessment | $252,300 |
| Land Assessment | $114,500 | Total Assessment | $366,800 |
Property Taxes
Parcel Number
10-00001-0000-00010
Land Assessment
$114,500
Improvements Assessment
$252,300
Total Assessment
$366,800
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