Office Building with Multiple
For Sale
$1,375,000
205 TUCKERTON Road, Medford, NJ 08055
Commercial Sale, MEDFORD, NJ
Property Size6,553 SF
Lot Size0.92 Acres
Price / SF$209.83
Days on Market156
Property Features for 205 TUCKERTON Road
General Information
Property type
Other
Property subtype
Office
High school
SHAWNEE
Elementary school district
MEDFORD TOWNSHIP PUBLIC SCHOOLS
Middle school district
MEDFORD TOWNSHIP PUBLIC SCHOOLS
High school district
MEDFORD TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Lot size
0.92 Acres
Taxes and HOA fees
Tax Annual Amount
21931
Utilities
Heating system
Electric (Heating), Baseboard
Cooling system
Central Air
Building Details
Year built
1986
Building materials
Vinyl Siding, Copper Plumbing
Listing Agency:
Keller Williams Realty - Marlton
(856) 441-6800
Listed By:
James L Moffa · License #901791
(609) 458-3711
Added: Mar 20
Changed: Aug 19
Last Checked: Aug 22 at 8:06AM
MLS# NJBL2107684
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This professional office building offers approximately 6,553 SF and is currently configured into 6-7 individual suites, designed to be adaptable for a range of professional or medical office uses. The downstairs is presently vacant and divided into two suites that are connected, estimated at approximately 3,650 SF total. The front suite is approximately 2,400 SF and the rear suite is approximately 1,250 SF, with the space noted as able to be independently separated.
The property is located just about 200 feet from the signalized intersection of Taunton Boulevard and Tuckerton Road, providing visibility from both roads. It sits directly across from Taunton Forge Shopping Center. Nearby businesses include TD Bank and Illiano's Restaurant, along with other shops and services.
Built in 1986, the building features vinyl siding with central air cooling and electric baseboard heating.
The property is located just about 200 feet from the signalized intersection of Taunton Boulevard and Tuckerton Road, providing visibility from both roads. It sits directly across from Taunton Forge Shopping Center. Nearby businesses include TD Bank and Illiano's Restaurant, along with other shops and services.
Built in 1986, the building features vinyl siding with central air cooling and electric baseboard heating.
Key Highlights
- About 200 feet from the signalized intersection of Taunton Boulevard and Tuckerton Road for visibility from both roads
- Located directly across from Taunton Forge Shopping Center
- Approximately 6,553 SF office building configured into 6‑7 individual suites
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$91,072
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,821,440
$1.8M
Cap Rate 7%
$1,301,029
$1.3M
Cap Rate 9%
$1,011,911
$1.0M
Market Conditions
NOI Build-Up for 6,553 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$163.6K $24.96/SF
− Vacancy
−$11.8K −$1.80/SF
EGI
$151.8K $23.16/SF
− OpEx
−$60.7K −$9.27/SF
NOI
$91.1K $13.90/SF
Area
Burlington County, NJ
Vacancy
7.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,821,440
Cap Rate 7%
$1,301,029
Cap Rate 9%
$1,011,911
Alternative Uses
Best Use
Healthcare Medical
$1.30M
$1.14M – $1.52M
NOI $91,072 @ 7.0% cap · market cap 6.62%
Second Best
Office B
$839.8K
$734.9K – $979.8K
NOI $58,788 @ 7.0% cap · market cap 4.28%
Theoretical Best
Warehouse
$13.71M
$11.99M – $15.99M
NOI $959,383 @ 7.0% cap · market cap 69.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
Demographics for 08055, NJ
28,806
Population
11,103
Households
2.6
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
40.0 sq mi
ZIP Area
720
Density / Sq Mi
$158,487
Median Household Income
$77,304
Median Earnings
$1,502
Median Rent
$456,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional office building with central air and a downstairs area currently vacant, configured into multiple suites.
Where is this office building located?
The property is located at 205 TUCKERTON Road Medford, NJ.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: About 200 feet from the signalized intersection of Taunton Boulevard and Tuckerton Road for visibility from both roads; Located directly across from Taunton Forge Shopping Center; Approximately 6,553 SF office building configured into 6‑7 individual suites
