Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Galloway Township Office Suite Title is generated by Realmo AI

    331 E Jimmie Leeds Road, Galloway Township, NJ 08225

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    SINGLE_FAMILY - Galloway Township, NJ

    Type:Office
    Property size:
    720 SF
    Added:
    Apr 18, 2026
    Days on Market:
    34
    Last Refresh:
    May 21 at 5:06 pm

    Property Features for 331 E Jimmie Leeds Road

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    CVC
    Standard status
    Active
    Size
    720 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    45985

    We can help!

    Listing Contact
    SAMANTHA ZERAFA ROESSLER
    SAMANTHA ZERAFA ROESSLER

    Listing agent SAMANTHA ZERAFA ROESSLER License #0786665

    Listing office FORESITE COMMERCIAL REALTY 2408 NEW ROAD, NJ

    Listing date Apr 18, 2026

    MLS# 607919

    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.

    HighLights

    • Finished office suite ready for immediate occupancy.
    • Flexible leasing options: single large office, single small office, or full suite.
    • Competitive asking price of $16.50 per sf NNN for the full suite.
    • Additional basement storage units available for lease.
    • Two sizes of storage units: 400 sf +/- and 500 sf +/-.
    • Convenient 2nd‑floor location.

    Overview

    This office suite offers approximately 720 square feet of space on the second floor, accessible via walk-up. The fully finished suite includes an office and reception area. The asking price for the office space is $16.50 per square foot NNN, plus CAM and utilities. Additionally, there is a single large office available for lease at $800.00 per month and a single small office for lease at $675.00 per month, both located on the second floor. Two basement storage units, approximately 400 square feet and 500 square feet respectively, are also available for lease at $8.00 per square foot Gross. The property is located in Galloway Township, New Jersey.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Galloway Township
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.549
    Latitude
    39.3699

    Nearby Similar for Lease

    • $23 SF/Yr
      2,400 SF

      Prime Office Suite in Galloway

      2,400+/- SF office suite near AtlantiCare and Stockton University.
      4 E Jimmie Leeds Rd, Galloway Township, NJ 08205
      View Details
    • $3,100/Mo
      2,396 SF

      Galloway Township Professional Office Space

      Spacious, fully finished office space near Garden State Parkway.
      314 Chris Gaupp Dr, Galloway Township, NJ 08205
      View Details
    • Contact for pricing
      1,200 SF

      Galloway Township Retail/Office Space

      Renovated office and retail space available for lease.
      160 S New York Road, Galloway Township, NJ 08205
      View Details
    • Contact for pricing
      1,920 SF

      Galloway Township Commercial Space Available

      Renovated office and retail space for lease in Galloway.
      160 S New York Road, Galloway Township, NJ 08205
      View Details
    • Contact for pricing
      1,860 SF

      Galloway Township Office Suite

      1,860 SF office suite available for lease.
      331 E Jimmie Leeds Road, Galloway Township, NJ 08225
      View Details

    FAQs

    What type of property is this?
    Office units - Office suite for lease in Galloway Township, New Jersey.
    Where is this office units located?
    The property is located at 331 E Jimmie Leeds Road Galloway Township, NJ.
    What are key features of this property?
    This property features: Finished office suite ready for immediate occupancy.; Flexible leasing options: single large office, single small office, or full suite.; Competitive asking price of $16.50 per sf NNN for the full suite.
    (609) 646-1919
    We can help!
    Listing Contact
    SAMANTHA ZERAFA ROESSLER
    SAMANTHA ZERAFA ROESSLER
    Real Estate License ID: 0786665
    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

    Thank You for Inquiry
    331 E Jimmie Leeds Road, Galloway Township, NJ 08225
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!