Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    252 W White Horse Pike Galloway Township, NJ 08205

    Sponsored
    For Sale
    $259,000

    Commercial - Galloway Township, NJ

    Days on Market:
    137
    Last Refresh:
    Feb 8 at 9:06 am

    Property Features for 252 W White Horse Pike

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Office
    Parking features
    Off Street

    Building Details

    Flooring type
    Linoleum, Vinyl

    We can help!

    Listing Contact
    ROBERT SHAMBERG

    PRUDENTIAL DIVERSIFIED REALTY (609) 652-6690

    Listing agent ROBERT SHAMBERG (609) 652-6690 License #0125768

    Listing date Sep 25, 2025

    MLS# 594666 Listing URL

    Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Real Estate on White Horse

    This property features 2 acres of land situated on the White Horse Pike in Galloway Township, New Jersey. The site includes a newly remodeled one-bedroom, one-bath house. The property is suitable for contractors, landscapers, or those looking to downsize. The lot can be utilized for storage or vehicle parking, and the house can be occupied or rented out. The location provides convenient access to major highways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galloway Township
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.571771
    Latitude
    39.47476

    Nearby Similar for Sale

    • $175,775
      1,012 SF

      Turn-Key Store in Historic Smithville

      Turn-key store with inventory in the Historic Smithville Village.
      3 N New York Rd, Smithville, NJ 08205
      View Details
    • Contact for pricing

      Galloway Township Office Space

      Finished office space near Garden State Parkway and Atlanticare.
      314 Chris Gaupp Dr, Galloway Township, NJ 08205
      View Details
    • Contact for pricing
      2,400 SF

      Galloway Township Office Suite

      2,400 SF office suite near AtlantiCare and Stockton University.
      4 E Jimmie Leeds Rd Rd, Galloway Township, NJ 08205
      View Details
    • $1,510,000
      2.00 Acres

      Galloway Township Office Building For Sale

      Single-story office building near town center and medical facilities.
      236 E Jimmie Leeds Rd, Galloway Township, NJ 08205
      View Details
    • $149,000

      Top Floor Condo with Potential

      Two-bedroom condo with renovation potential near Stockton University.
      96 Iroquois Dr, Smithville, NJ 08205
      View Details
    • $370,000

      Sunny Beach Penthouse with Sea Views

      Seaside penthouse in Sunny Beach, Bulgaria, with Black Sea views.
      2 Flowers, Pomona, NJ 08240
      View Details
    • $599,000

      Galloway Township Commercial Property

      Commercial property on Route 30 with business possibilities.
      318 E White Horse Pike, Galloway Township, NJ 08205
      View Details
    • $69,000
      0.36 Acres

      Galloway Township Specialty Property For Sale

      Specialty property available in Galloway Township, New Jersey.
      7 S Ash Ave, Galloway Township, NJ 08205
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two acres with remodeled house, ideal for contractors.
    Where is this commercial land located?
    The property is located at 252 W White Horse Pike Galloway Township, NJ.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - 2 Acres of Prime Real Estate on White Horse Pike; - Newly Remodeled 1 Bedroom, 1 Bath House; - Ideal for Contractors, Landscapers, or Downsizers
    (609) 335-5711
    Request Owner's contact information
    252 W White Horse Pike Galloway Township, NJ 08205
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    252 W White Horse Pike
    Galloway Township, NJ 08205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    252 W White Horse Pike Galloway Township, NJ 08205
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    ROBERT SHAMBERG
    Real Estate License ID: 0125768
    (609) 335-5711
    Learn more
    Google sign-in failed. Please try again or use another login method.