Gloucester County land auction targets affordable housing buildout
Max Spann Real Estate & Auction Co. is auctioning a 14.40-acre municipally owned site in Washington Township, Gloucester County, on Sept. 16. The property is zoned for inclusionary housing and could support more than 140 units, giving developers a rare chance to help satisfy New Jersey’s Fourth Round affordable housing requirements.
Why it matters: - The Washington Township site is one of the first publicly marketed development parcels in southern New Jersey positioned to help meet New Jersey’s Fourth Round affordable housing obligations. - The property’s zoning, size and infrastructure create a near-term opportunity for inclusionary residential development in a market where entitled affordable housing sites are in demand. - The auction could give a municipality a transparent way to dispose of land while drawing competitive bids from developers, builders and affordable housing specialists.
What happened: - Max Spann Real Estate & Auction Co. announced an online auction for a 14.40± acre municipally owned residential development site at the corner of East Holly Avenue and Densten Road in Washington Township, Gloucester County. - Online bidding opens Monday, Sept. 14, 2026, at 9:00 AM and concludes Wednesday, Sept. 16, 2026, at 11:00 AM. - Developers, investors and builders can register and access due diligence materials at More information.
The details: - Washington Township adopted its Residential Affordable Housing Inclusionary 1, or RAHI-1, zoning district earlier this year as part of its Housing Element and Fair Share Plan. - Township planning information says the site allows inclusionary residential development at densities of up to 10 units per acre with a required affordable housing component. - The site could support more than 140 residential units, subject to government approvals and final engineering. - Public water and sewer are available to the property, according to Township officials. - The parcel has about 1,098 feet of frontage on East Holly Avenue and more than 550 feet along Densten Road. - The property sits near Route 47 and Route 55 and is surrounded by residential neighborhoods, preserved open space and community amenities. - Nearby destinations include Washington Lake Park, Hollydell School, the Washington Township Fire District headquarters, shopping, restaurants and medical services. - The site also offers access to Rowan University, Route 55, Route 47 and the greater Philadelphia metro area. - The property address is 201 East Holly Ave., Sewell, NJ 08080.
Between the lines: - New zoning tied to affordable housing obligations is turning municipally controlled land into a more marketable asset for developers. - Max Spann said municipalities across New Jersey are implementing Housing Element and Fair Share Plans, and well-located inclusionary sites are expected to become more valuable. - The firm also pointed to a recent auction in Wall Township, Monmouth County, where an affordable housing development site drew strong interest and generated sales proceeds of more than $9.5 million for a potentially 300-unit project. - Max Spann said it has represented more than 200 government entities, making it the largest auctioneer of government owned real estate in New Jersey.
What's next: - Max Spann will market the Washington Township site through its Accelerated Auction Marketing Program to local, regional and national developers. - The company expects the campaign to generate competitive bidding before the Sept. 16 auction deadline. - Interest in the site will likely track broader municipal adoption of zoning and settlement agreements tied to Fourth Round affordable housing requirements.
The bottom line: - Washington Township is offering developers a rare, entitled-style affordable housing opportunity on municipally owned land, with infrastructure and zoning already in place to support a large residential project.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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