61 Saint Mihiel Drive Riverside, NJ 08075

Exceptional Delaware River Waterfront Development Opportunity55-57, 61 & 63 Saint Mihiel Drive Riverside, New JerseyPresenting one of Southern New Jersey's most unique waterfront development opportunities. Encompassing approximately 7.7 acres across five contiguous parcels, this premier Delaware River property offers an exceptional combination of scale, location, existing improvements, and future redevelopment potential.Ideally situated in Riverside, Burlington County, the property enjoys convenient access to Route 130, Route 73, I-295, the New Jersey Turnpike, and the Tacony-Palmyra Bridge, providing direct connectivity to Philadelphia and the greater South Jersey region. Its strategic location places residents and businesses within minutes of major employment centers, retail corridors, dining, and recreational amenities while offering the tranquility and scenic beauty of a true waterfront setting.With approximately 1,200 feet of road frontage and more than 1,000 feet of direct frontage along the Delaware River, the property offers panoramic river views that are rarely available in today's market. Included riparian rights further enhance the property's long-term value and development appeal.The site is currently improved with a 10,000 square foot catering and banquet facility that successfully operated for more than 25 years, a 2,000 square foot office building, a 2,800 square foot two-story residence, and a 2,500 sq ft warehouse. Formerly Clarks Landing Marina which operated as a successful marina for many years. These existing improvements provide flexibility for interim income, owner occupancy, adaptive reuse, or phased redevelopment.Outstanding Residential Development PotentialWith nearly eight acres of contiguous waterfront land, the property presents an exceptional opportunity to create a signature residential community unlike any other in the region. The expansive site is well suited for a thoughtfully designed waterfront development featuring luxury condominiums, townhomes, or a mixed residential community, subject to municipal approvals.Future residents could enjoy:Unobstructed Delaware River viewsPrivate waterfront promenades and walking trailsCommunity green space and outdoor gathering areasBoat access or marina-related amenities (subject to approvals)Luxury residential units with balconies and rooftop terraces overlooking the riverConvenient commuting access to Philadelphia and major South Jersey highwaysAs demand continues to grow for high-quality waterfront housing close to Philadelphia, opportunities to develop large-scale riverfront communities have become increasingly limited. The property's size, frontage, and unique setting position it as an ideal candidate for a transformative residential project that capitalizes on both lifestyle appeal and long-term investment value.Investment HighlightsApproximately 7.7 acres across five contiguous parcelsOver 1,000 feet of Delaware River frontageApproximately 1,200 feet of road frontageIncluded riparian rightsExisting improvements totaling approximately 17,300 square feet10,000 SF banquet/catering facility2,000 SF office building2,800 SF two-story residence2,500 SF warehouseEstablished catering venue with more than 25 years of operating historyMinutes from Rt 130, Rt 73, I-295, the New Jersey TP, and the Tacony-Palmyra BridgeConvenient access to Phila. and the surrounding metropolitan areaExceptional opportunity for luxury waterfront condominiums, townhomes, mixed-use, hospitality, or continued commercial use, subject to zoning and municipal approvalsOpportunities of this caliber are exceedingly rare. Whether envisioned as a landmark waterfront residential community, an upscale mixed-use destination, or a repositioned commercial waterfront asset, 55-57, 61 & 63 Saint Mihiel Drive offers investors and developers the chance to acquire one of the Delaware River's most significant redevelopment sites in Southern NJ. 2026-07-29