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Marjorie Dick Stuart

  • Cell 240-731-8079
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501 Tansboro Rd, BERLIN, NJ – $1,050,000

  • $1.1M Price
  • 4,000 Sqft
  • 3.6 Acres
  • 12 DOM
  • $1.1M Price
  • 4,000 Sqft
  • 3.6 Acres
  • 12 DOM

501 Tansboro Rd

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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Essential Information

  • MLS® #NJCD2079864
  • Price$1,050,000
  • Bathrooms0.00
  • Square Footage4,000
  • Acres3.60
  • Year Built1988
  • TypeCommercial Sale
  • Sub-TypeLand for Commercial Use
  • StatusActive

Community Information

  • Address501 Tansboro Rd
  • AreaWinslow Twp (20436)
  • CityBERLIN
  • CountyCAMDEN-NJ
  • StateNJ
  • MunicipalityWINSLOW TWP
  • Zip Code08009

Amenities

Utilities

Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Interior

  • HeatingForced Air
  • CoolingCentral A/C

Exterior

  • ExteriorBlock, Stucco
  • RoofShingle
  • FoundationConcrete Perimeter

School Information

District

WINSLOW TOWNSHIP PUBLIC SCHOOLS

Additional Information

  • Date ListedNovember 13th, 2024
  • Days on Market12
  • ZoningPC3

Listing Details

  • OfficeRealty Mark Advantage
  • Office Contact(856) 457-4900
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Listing information last updated on November 24th, 2024 at 2:15am CST.