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501 TANSBORO ROAD
BERLIN NJ 08009 US

$1,050,000

Active Listing ID NJCD2079864
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Lot: 3.60 Acres
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Other

$1,050,000

Active Listing ID NJCD2079864
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501 TANSBORO ROAD A 4, 000-square-foot commercial/retail building on 3.6 acres, located at the intersection of Tansboro and Taunton Roads in Winslow Township. It has the potential for an expansion of more than 2, 000 square feet. New construction is underway near a residential complex with 142 single-family homes and 139 townhomes, and move-ins are expected to begin around next year. When that happens, the value of this property is likely to increase. Currently, this property houses a pizza shop, a convenience store, and a dry cleaner. One of these tenants is renting below market rate, and if adjusted to market rate upon renewal in 2026, a cap rate of approximately 7% could be achieved.

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Property Features

  • Facts
  • Lot Size: 3.60 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1050000
  • unparsedaddress: 501 TANSBORO ROAD
  • postalcity: BERLIN
  • stateorprovince: NJ
  • country: US
  • postalcode: 08009
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 3.6
  • lotsizeunits: Acres
  • lotsizearea: 3.6
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.76920131
  • longitude: -74.91976081
  • listagentfullname: Jacob Seo
  • listagentemail: jacob8342@gmail.com
  • listagentkey: 3yd-TRENDPA-3147854
  • listagentmlsid: 3147854
  • listagentpreferredphone: 6092731212
  • listagentofficephone: 6092731212
  • listofficekey: 3yd-TRENDPA-54908
  • listofficemlsid: 54908
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1988
  • listingcontractdate: 2024-11-13
  • listagenturl: http://www.realtymarkllc.com/
  • countyorparish: CAMDEN
  • cooling: Central A/C
  • constructionmaterials: Block, Stucco
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 20
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.91976, 39.769203
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty Mark Advantage", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dilipluthra@gmail.com", "ListBrokerageCity":"Marlton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"polskipop@msn.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Realty Mark Advantage", "ListBrokeragePhone":"6092731212", "ListBrokeragePostalCode":"08053", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":"One Greentree Center", "ListBrokerageUnparsedAddress":"10000 Lincoln Dr E Suite 203B", "ListBrokerageWebsiteUrl":"http://www.realtymarkllc.com/", "ListOfficeAddress1":"9000 E. Lincoln DRIVE E", "ListOfficeAddress2":"120", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Marlton", "ListOfficeCountry":"US", "ListOfficeEmail":"dsupnick@aol.com", "ListOfficePostalCode":"08053", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - BERLIN, NJ", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/NJCD2079864/?channel=rexren", "MLSModificationTimestamp":"2024-11-17T18:52:50Z", "Neighborhoods":[{"Description":null, "Name":"WINSLOW TWP"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13067, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/18/2024 2:13:30 AM GMT
Source Updated Date: 11/24/2024 6:57:30 AM GMT

Courtesy of: Jacob Seo, Realty Mark Advantage, jacob8342@gmail.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.