Add Listing
    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

    3203-3 N ROUTE 73 Berlin, NJ 08009

    View on Map
    Claim this Listing
    Picture of Commercial land at 3203-3 N ROUTE 73, Berlin, NJ
    For Sale
    $995,000

    LAND - BERLIN, NJ

    Lot size:
    14.00 Acres
    Added:
    Apr 15, 2021
    Days on Market:
    1836
    Last Refresh:
    Apr 24 at 6:06 pm

    Property Features for 3203-3 N ROUTE 73

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    14.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2126

    We can help!

    Listing Contact
    Charles A Maimone Sr.
    Charles A Maimone Sr.

    Listing agent Charles A Maimone Sr. License #7816854

    Listing office Century 21 Reilly Realtors 39 N Route 73, Berlin, NJ

    Listing date Apr 15, 2021

    MLS# NJCD417552 Listing URL

    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.

    Overview

    Prime Land on Route 73

    This property features 14 acres of land situated on Route 73, offering over 774 feet of frontage. The zoning is Commercial/Residential (PC-2 & PR-4), providing flexibility for various uses, including commercial retail, residential development, or a combination of both. Public water and sewer services are available. The property is located adjacent to the new Komatsu dealership and is positioned just outside of Berlin, in an area anticipated for growth. Winslow Township offers tax breaks for new construction, including abatements. Municipal support is available for cannabis cultivation, processing, or manufacturing, but not for dispensing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Camden
    State
    New Jersey
    Longitude
    -74.918701
    Latitude
    39.793332

    Nearby Similar for Sale

    • $299,900

      Prime Commercial Corner on Route 73

      High-visibility commercial property on Route 73 in Berlin, NJ.
      200 S ROUTE 73 S, BERLIN, NJ 08009
      View Details
    • $229,850
      1,362 SF

      Commercial Property on Cross Keys

      Commercial property with C-2 zoning and high traffic exposure.
      79 CROSS KEYS ROAD, BERLIN, NJ 08009
      View Details
    • $525,900

      Land For Sale, Berlin, NJ

      10.4 acre commercial land available in Berlin, New Jersey.
      313 TANSBORO Road, BERLIN, NJ 08009
      View Details
    • $350,000
      2,300 SF

      Office with Warehouse Condo

      2,300 sq ft office/warehouse condo for sale.
      430 COMMERCE LANE, BERLIN, NJ 08009
      View Details
    • $1,299,000
      930 SF

      Turn-Key Used Car Location

      Established used car business with rental house on 1.06 acres.
      201 CROSS KEYS ROAD, BERLIN, NJ 08009
      View Details
    • $599,900

      Prime Corner Location Investment Opportunity

      High-visibility corner property leased to Enterprise on heavily traveled corridor.
      198 S ROUTE 73, BERLIN, NJ 08009
      View Details
    • $398,000
      1,104 SF

      Commercial Property with Rental Income

      Commercial building with frontage and detached house for rental income.
      154 CROSS KEYS ROAD, BERLIN, NJ 08009
      View Details
    • $499,000

      Commercial Corner Lot on Route

      9 acre commercial corner lot on heavily traveled Route 73.
      110 N ROUTE 73, BERLIN, NJ 08009
      View Details
    • $999,000
      1,800 SF

      Equipped Horticultural and Nursery Operation

      Well-equipped property for large-scale horticultural and nursery operations.
      312 Lakedale Rd, Berlin, NJ 08009
      View Details
    • $499,000
      5,720 SF

      Versatile Multi-Use Property in Berlin

      Remodeled flex space ideal for business or investment in Berlin.
      1 W Broad St, Berlin, NJ, 08009-1435
      View Details
    • $249,900

      Commercial Land on Route 73

      Prime commercial land opportunity on Route 73 in Berlin, NJ.
      80 N ROUTE 73, BERLIN, NJ 08009
      View Details
    • $249,900

      Commercial Land on Route 73

      Commercial land near Patco High Speedline entrance.
      80 N ROUTE 73, BERLIN, NJ 08009
      View Details

    FAQs

    What type of property is this?
    Commercial land - 14 acres with frontage, zoned commercial/residential, development potential.
    Where is this commercial land located?
    The property is located at 3203-3 N ROUTE 73 Berlin, NJ.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 14 acres of prime land with **774+ ft frontage on Route 73.**; Zoned Commercial/Residential (PC‑2 & PR‑4) offering development flexibility.; Public water and sewer available.
    (856) 767-1776
    We can help!
    Listing Contact
    Charles A Maimone Sr.
    Charles A Maimone Sr.
    Real Estate License ID: 7816854
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!