The Riverwalk at Penns Grove - Salem County NJ

Photo credit: Alfred J. Nicolosi, Penns Grove NJ

On the Delaware River at I-295 Exit 4 in Historic Penns Grove, New Jersey, an original landing place of William Penn.

Anchor:   Building 1:   Restaurant & Catering to be announced

                Building 6:   Facente - Distinctive Handcrafted Mosaics
                                   Bernard Katz Glass
                Building 7:   Restaurant to be announced (liqour license available)

Seeking prospective retail/office tenants and interactive artisan workshops:

• Extended Stay Hotel (28 standard + 32 extended stay rooms) (Other Hotels in Area)
• Office Space (2nd Floor of Building #4)
• Restaurant(s) - Two of four liqour licenses remain available for purchase
• Specialty Food Restaurants (Building #5)
• Boutique Retail (1st floor) - Depths available 65' or 80'; frontage negotiable
  • Specialty interest in Glass, Ceramic, Crystal, and Fine Art Gift Shops
  • Specialty interest in Toy/Hobby/Train, Christmas, Nautical Gifts
  • Specialty interest in Accessories, Aviation/Naval Enthusiast Gifts, and Marine Art
• Glass Center / Special Use (Interactive Artisan) - 25,000 sq ft

Leasing Rates (1-page 287 KB PDF)

Penns Grove Riverwalk Marketing Brochure (4-page (11"x17") 1.5 MB PDF)

Penns Grove Riverwalk Drawing - Layout Sketch - First Floor - Second Floor - (PDF)

Proposed Year-Round Special Activities (Traffic Drivers) for Penns Grove Riverwalk

Demographics: 10-20-30 Minute Drive Time Statistics with Map (3.6 million within 45 min)

U.S. Census Bureau QuickFacts - Salem County, New Jersey

Directions: From Wilmington - Delaware Memorial Bridge (I-295) to Route 130 North, turn left at Main Street in Penns Grove NJ. Or take I-295 North to Exit 4, Route 48 West.

From Camden - Interstate 295 South to Exit 4, Route 48 West thru Carneys Point (turns into Main Street in Penns Grove) to the Delaware River.

From Philadelphia - I-95 to Commodore Barry Bridge to I-295 South (Exit 11) to Exit 4.

From Atlantic City - Atlantic City Expressway to Route 322 / I-295 (Exit 11) to Exit 4.

From Cape May & Cumberland Counties - Route 40 West to Route 48 West.

Access to property via W Main Street (Route 48 / County Road 675) or via Railroad Avenue.

Traffic Counts:

Less than one mile from U.S. Route 130 (milepost 3.66) and State Route 48 (milepost 0.00)

Two and one-half miles from Interstate 295 Exit #4 (milepost 4.46).

Five miles to Delaware Memorial Bridge.

Route 130 Monthly Average Daily Traffic (Weekdays): 13,402
Route 130 Monthly Average Daily Traffic (Weekends): 11,297

Route 295 Annual Average Daily Traffic: 30,259

Delaware Memorial Bridge Average Daily Traffic (July 2003 Non-Commercial): 48,930

Virtual Tour: 360° view of property and Delaware River Sunset

What's Nearby?

Workforce Development

Zoning:  Marina District 1 - The purpose and intent of this district is to provide standards for mixed use commercial development in the area of the Borough directly adjacent and proximate to the Delaware River, and to provide standards to encourage the preservation and redevelopment of the unique characteristics of the existing Borough area as an extension of the current core business district.   MD-1 Map

Recent History and News of Penns Grove's Waterfront Development

• Bruce Willis
  • Wilmington News Journal Articles (1996-97) by Dale Dallabrida
  • Philadelphia Business Journal Article (Nov 1996) by Deni Kasrel
• High Stakes ... Penns Grove New Jersey - Delaware Today (Dec 2001)
• Reno Gazette Journal - Associated Press (Nov 2002)
• Pennsylvania and New Jersey REALTORS^® Tour Salem County (30 Jul 2003)
• Final approval granted by Penns Grove Planning Board (17 Dec 2003)
• HUD Public Notice of Funds Availability (13 Nov 2003)
• TriState REALTORS^® Commercial Alliance Update (Summer 2004)
• $2 Million Loan Gives Penns Grove Support It Needs (30 Jul 2004) by Philip Curran
• Pennsylvania and New Jersey REALTORS^® Tour Salem County (10 Aug 2004)
• Penns Grove Riverwalk Appeals to Popular Chef (11 Aug 2004) by Martin Bricketto
• Penns Grove's Hopes Are Up (19 Aug 2004) by Edward Colimore
• Archaeologists Dig Up Penns Grove History (Nov 2004) by Trish Graber
• Penns Grove Council Given Update on Riverwalk (24 Dec 2004) by Trish Graber
• Penns Grove wins $800,000 grant (31 Dec 2004) by Inquirer Staff
• Riverwalk gets major approval from state (28 Jan 2005) by Ben Schneider
• Penns Grove presented with redevelopment concept (7 Feb 2005) by Ben Schneider
• Resolution launches Riverwalk project (16 Feb 2005) by Ben Schneider
• Penns Grove's Hope (Sunday - 20 Mar 2005) by Alan Guenther
• Penns Grove's Hope (Sunday - 20 Mar 2005) by Alan Guenther (with pictures - 4MB)
• Southern New Jersey Freeholders Association discusses Penns Grove Riverwalk (6 May 2005) by Ben Schneider
• Salem County Freeholder Director Thank You Letter of May 27 2005
• NJ DEP / U.S. Army Corps of Engineers - Final Approval May 2005
• Developer Betting On New Jersey Waterfront (5 Jun 2005) by Maureen Milford
• Casino Developers Pull Together (9 Jun 2005) by Maureen Milford
• Penns Grove to Break Ground in July for Riverwalk (10 Jun 2005) by Ben Schneider
• Penns Grove Riverwalk Cheer (11 Jun 2005) Todays Sunbeam
• Rehabilitation work really progressing in Penns Grove (14 Jun 2005) Todays Sunbeam
• Riverfront gambling tabled by Delaware State Legislature Committee (16 Jun 2005) by Maureen Milford
• Riverwalk slots plan up in the air, Today's Sunbeam, 17 Jun 2005, Ben Schneider
• Taking Chances on Two Sides of a River, NY Times, 22 Jun 2005, Maureen Milford
• Invitation for Bid - Issued 22 June 2005 - Bids due 15 Jul 2005
• Riverwalk Project Gets Off to a Start, 19 Jul 2005, Ben Schneider
• Groundbreaking - 19 July 2005

Advertising / Public Relations: The Wiser Agency

Development by: Fenwick Commons LLC

Financing by: Republic First Bank and First Bank of Delaware

Leasing by: Legend Properties, Inc.

Penns Grove - Ferry Service (Concept)

• Fort Delaware
• Fort Delaware Society
• Fort Delaware State Park
• Fort DuPont
• Fort Mott State Park

Penns Grove - Government

Penns Grove - History

Salem Community College Glass Center

Looking for Riverfront Market?              Looking for Pennsville?

Note: Correct spelling for Penns Grove Riverwalk is Penns Grove Riverwalk, not PennsgroveRiverwalk, Penns Grove RiverWalk, Pennsgrove River Walk, Pennsgrove RiverWalk, RiverWalk, etc.

AcresNJ.com is the personal web site of  Joseph Scarpa, e-PRO^®, a full-time full-service commercial real estate agent with Legend Properties, Inc., specializing in downtown revitalization through the creative reuse of banks, restaurants, and specialty retail.

For commercial real estate listings in Delaware, visit www.AcresDE.com; for commercial real estate property in New Jersey, visit www.AcresNJ.com. (These are currently the same site covering commercial real estate and retail shopping centers in the tri-state area).

Joseph lives in Pennsville NJ (Salem County) with his wife Kimberly, of Penns Grove NJ (also Salem County), and a few adorable kids. He is licensed in Delaware and New Jersey through Legend Properties, Inc., 20000 Horizon Way, Suite 280 Mount Laurel NJ 08054-4341, one of six Legend offices in the Delaware/Lehigh Valley.

Joe Scarpa is among the few New Jersey real estate agents promoting the alternate energy industry and its value chain as an economic development catalyst for our region and as a cost savings measure for shopping center owners and tenants.  Joe is a member of the Energy & Environment Working Group and the Regional Planning & Economic Development Group for Strengthening the Mid-Atlantic Region for Tomorrow (SMART).

Joseph can be contacted at 856-231-1010 x108, fax 856-231-1111, h: 856-678-7373 or jscarpa@lpre.com.