0 BLACK HORSE PK
About This Property
Rare opportunity to acquire 18.25 acres with highly favorable RDC (Rural Development Commercial) zoning and frontage on three well-traveled roads. The property offers approximately 1,265 feet of frontage along the Black Horse Pike (Route 322), 1,000 feet along Mays Landing Road (Spur of Route 73), and 425 feet along 8th Street, providing exceptional visibility and access. The RDC zoning designation was established through zoning changes enacted circa 2020 and offers a variety of potential commercial uses. This property is one of the select parcels in Folsom Borough with this special zoning designation and may be an excellent candidate for a convienence store or similar commercial application, subject to all required approvals.
The attached RDC permitted-use information is available in the documents section. Buyer is solely responsible for conducting all due diligence and obtaining any and all approvals, permits, variances, purchases, and development authorizations required by Folsom Borough, the New Jersey Pinelands , and any other applicable agencies.
Buyer shall make application to Folsom Borough and the NJ Pinelands within 10 calendar days following the 30-day due diligence period, as applicable.
Exceptional location, significant road frontage, and favorable zoning make this a unique development opportunity. Call today for additional information.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$339,900
↓ $35K
(9.4%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by RE/MAX Community-Williamstown | $375,000 | |
| Listed by RE/MAX Community-Williamstown | |||
| Feb 5, 2025 | Listed | $49,000 | |
| Listed | |||
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Buildable Lot on the Black Horse Pike in Williamstown. This lot is .69 acres and ready for your ideas. Zoned Regional Growth Commercial which is approved for Community commercial, Planned commercial, Planned large-scale anchor store development, Business and professional offices, Wholesale distribution/ warehouse facilities or Craft alcoholic beverage establishment. This land is being sold AS-IS. The buyer is to do their due diligence and verify all information is accurate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017