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751 Garwood Rd - Development Opportunity 15.46 Acres of Commercial Land Offered at $2,800,000 in Moorestown, NJ 08057

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EXECUTIVE SUMMARY

Global Real Estate Advisors (GREA) extends to qualified investors the unique opportunity to acquire the fee simple interest in an exceptional residential development opportunity located at 751 Garwood Road in Moorestown Township, Burlington County, New Jersey. Situated within the highly regarded Moorestown Public School District, this expansive parcel offers scale, location, and zoning certainty in one of South Jersey’s most desirable communities.
The site spans approximately 15.46 acres (±673,350 square feet) across two tax parcels (Block 2207, Lots 28 & 31), and is zoned R-1 – Residence District under Moorestown Township’s zoning ordinance. The R-1 zoning classification is intended to support low-density, high-quality residential development, with specific dimensional requirements designed to preserve open space and neighborhood character.
Under the current R-1 zoning, both interior and corner lots are subject to a minimum lot area requirement of 1.5 acres, with 200 feet of lot width at the building line and 150 feet of frontage. Setback requirements are generous, with a 50-foot front yard setback, which increases to 150 feet when fronting a major thoroughfare. Side yard setbacks must be a minimum of 15 feet, with a total aggregate side yard of 40 feet, and rear yards require a 25-foot minimum, or 150 feet along a major thoroughfare.
Development on the property is further guided by coverage limitations, including a maximum building coverage of 15% and a maximum impervious surface coverage of 25%. Building heights are capped at 35 feet, with exceptions as outlined in Section 180-10 of the Township Code. These standards provide a clear framework for future subdivision or estate-style development, offering predictability and minimizing the need for variances.
Strategically located within proximity to local schools, retail corridors, and major regional transportation routes, 751 Garwood Road represents a rare opportunity to acquire a large, by-right residential development site in an affluent, supply-constrained market. The property offers both immediate development potential and long-term investment value in a community known for its strong demographics, top-tier schools, and stable land use planning.

PROPERTY FACTS

Price $2,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 15.46 AC
Cross Streets Hartford
Zoning R1

1 LOT AVAILABLE

Lot

Price $2,800,000
Price Per AC $181,136.11
Lot Size 15.46 AC

DESCRIPTION

— Rare Large-Scale Residential Development Site: ±15.46-acre parcel in the highly desirable Moorestown Township, offering significant by-right development potential under R-1 zoning — Zoning Allows for Estate-Style Development: R-1 Residence District permits minimum 1.5-acre lots with generous setbacks and low-density planning, ideal for high-end single-family homes — Strong Market Fundamentals: Located within the acclaimed Moorestown Public School District; Surrounded by affluent residential neighborhoods with limited new supply — Zoning Certainty & Predictability: Clear dimensional and coverage standards minimize entitlement risk, with no need for variances under conforming subdivision layouts — Prime Location with Excellent Access: Minutes from retail, major roadways, and regional transit, offering privacy and convenience for future homeowners

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-07000-0000-00031
Land Assessment
$85,900
Improvements Assessment
$0
Total Assessment
$85,900
  • Listing ID: 36169018

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 751 Garwood Rd, Moorestown, NJ 08057

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