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$460,000 -$30,000 (-6.12%) Price Reduced

  • For Sale
  • Active
  • Manufacturing
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Significant Price Reduction-Serious Opportunity for Investors. Located in a rapidly improving area, this property offers strong long"‘term upside. Zoned I"‘2, it supports numerous commercial and industrial applications, making it ideal for redevelopment, owner"‘use, or portfolio expansion. The township may also make additional land available, enabling easement access to American Legion Drive-an advantage rarely offered. Current rental option: $2,400/month, providing immediate income potential.

Full Property Details for 261 St Mihiel Dr

General

  • Price: $460,000
  • Taxes: $3,023 (2024)
  • Status: Active
  • Type: Manufacturing
  • Source: BrightMLSPhilly
  • MLS ID: NJBL2060228
  • Updated: 4/29/2026
  • Added to Site: 807 day(s) ago

Business

  • Business Type: Cold Storage, Institutional, Manufacturing, Other/Gen

Parking

  • Total Spaces: 15
  • Parking Type: Parking Lot

Location

  • Area: Riverside Twp (20330)
  • Municipality: RIVERSIDE TWP
  • County: BURLINGTON
  • Driving Directions: GPS

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: No Septic System
  • Water: Public

Structural Information

  • Construction: Block
  • Foundation: Concrete Perimeter
  • Year Built: 1960
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Single
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,863
  • Lot Size Source: Assessor
  • Lot Dimensions: 99.10 x 150.00
  • Zoning: I-2

Financial Considerations

  • Assessment Year: 2024
  • Tax w/Assessment: $73,700
  • Tax Amount: $3,023
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: personal items
  • Lot Number: 10

Listed by Herron Real Estate, George L Archut and Herron Real Estate, Joshua Gardner Graham

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Listing agents

— 261 St Mihiel Dr —

  • George L Archut

    Herron Real Estate

  • Joshua Gardner Graham

    Herron Real Estate

Listing Office Email: dflebak@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 261 St Mihiel Dr

School District:Riverside Township School District
NameGradesDistance
Riverside Elementary School
112 East Washington Street, Riverside, NJ 08075
PK-50.6 mi
Riverside Middle School
112 East Washington Street, Riverside, NJ 08075
6-80.6 mi
Riverside High School
112 East Washington Street, Riverside, NJ 08075
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 261 St Mihiel Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/25/2026
Price Reduced
$460,000
-6.12%
MLS
3/16/2026
Price Reduced
$490,000
-9.26%
MLS
9/22/2024
Price Reduced
$540,000
-12.9%
MLS
2/15/2024
Price Reduced
$620,000
—
MLS
2/14/2024
Listed
$620,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 261 St Mihiel Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,025
3%
$73,700
—
2023
$2,947
2%
$73,700
—
2022
$2,886
1%
$73,700
—
2021
$2,855
-15%
$73,700
-18%
2018
$3,352
3%
$90,000
—
2017
$3,262
4%
$90,000
—
2016
$3,141
2%
$90,000
—
2015
$3,081
12%
$90,000
22%
2019
$2,762
-4%
$73,700
-18%
2013
$2,868
—
$90,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Herron Real Estate, George L Archut and Herron Real Estate, Joshua Gardner Graham

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261 Saint Mihiel Drive, Delran, NJ 08075 (MLS# NJBL2060228) is a Manufacturing property. 261 Saint Mihiel Drive is currently listed for $460,000 and was received on February 14, 2024. Want to learn more about 261 Saint Mihiel Drive? Do you have questions about finding other Manufacturing real estate for sale in Delran? You can browse all Delran real estate or contact a Coldwell Banker agent to request more information.

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