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    33 Broad St Branchville, NJ 07826

    View on Map
    Pending
    $385,000

    Commercial - Branchville Boro, NJ

    Property size:
    4,800 SF
    Lot size:
    0.53 Acres
    Added:
    Mar 20, 2024
    Days on Market:
    743
    Last Refresh:
    Apr 1 at 10:06 pm

    Property Features for 33 Broad St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Parking features
    Driveway, Parking Lot
    Standard status
    Pending
    Size
    4,800 SF
    Lot size
    0.53 Acres

    Taxes and HOA fees

    TaxYear
    2023
    TaxAnnualAmount
    13177

    Utilities

    Heating system
    Forced Air, Wall Furnace
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1850
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Concrete
    Building materials
    Block, Brick, Concrete
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    DONNA GEBA
    DONNA GEBA

    Listing agent DONNA GEBA

    Listing office CENTURY 21 GEBA REALTY 23 MAIN STREET, Sparta, NJ

    Listing date Mar 20, 2024

    MLS# 3891823 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Branchville Commercial Property with History

    This commercial property, formerly the Borden Creamery, comprises three buildings with potential for various business uses. The property includes a large concrete building featuring significant space and two heating systems, along with a large unfinished attic suitable for storage. Additionally, there is a detached three-bay garage building and a charming one-room brick office building with a new roof. Located in Branchville, New Jersey, the property is situated near Selective Insurance and Montague Tool and Supply Co., with convenient access to Route 206.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply 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
    Branchville
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.7474744
    Latitude
    41.1463877

    Nearby Similar for Sale

    • $549,900
      3,703 SF

      Route 206 Landmark Property

      Mixed-use commercial building with diverse potential on 1.155 acres.
      283 ROUTE 206, Sandyston Twp., NJ 07826
      View Details
    • $385,000
      6,800 SF

      Historic Creamery with Business Potential

      Three buildings with space and history in Branchville, New Jersey.
      33 Broad St, Branchville Boro, NJ 07826
      View Details
    • Contact for pricing
      5,400 SF

      Established Business on US-206

      Commercial heating service business with excellent visibility on US-206.
      238 U.S. 206, Branchville, NJ 07826
      View Details

    FAQs

    What type of property is this?
    Specialty property - Three buildings with space and history in Branchville, New Jersey.
    Where is this specialty property located?
    The property is located at 33 Broad St Branchville, NJ.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: Three buildings included: **large concrete building (former Borden Creamery), detached 3‑bay garage, and charming one‑room brick office.**; Significant space and storage potential in the main concrete building, including a large unfinished attic.; Prime location in Branchville, NJ, near Selective Insurance and Montague Tool and Supply Co., with easy access to Route 206.
    (845) 856-6629
    We can help!
    Listing Contact
    DONNA GEBA
    DONNA GEBA
    Real Estate License ID: 31GE0748279
    Learn More
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    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
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