Two-Story Professional Office
New
For Sale
$449,900
100 Mantua Boulevard, Mantua, NJ 08051
Furnished office property with flexible work areas, private offices, conference space, storage, and on-site parking.
Property Size2,796 SF
Lot Size0.24 Acres
Price / SF$160.91
Days on Market2
Property Features for 100 Mantua Boulevard
General Information
Standard status
Active
Size
2,796 SF
Lot size
0.24 Acres
Additional Details
Furnished
Yes
Amenities
foyer
common work area
private offices
restrooms
conference room
kitchenette
unfinished basement
walk-in attic
Building Details
Year Built
1900
Buildings
1
Stories
2
Building Size
2,796 SF
Listing Agency:
EXP Realty, LLC
(856) 264-3707
Listed By:
Michael F Pallante · License #2448483
Source:
Kandorre
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 11 at 6:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
This two-story office building contains 2,796 square feet of professional space on a 120' x 88' lot. The interior includes a foyer, shared work area, multiple private offices, conference room, kitchenette, and three restrooms. A full unfinished basement and walk-in attic provide additional storage capacity, while the property is offered furnished.
Located at 100 Mantua Boulevard in Mantua, New Jersey, the building occupies a corner lot at a busy intersection near shopping and established businesses. An expansive on-site parking area supports the property’s office configuration. Built in 1900, the building combines a traditional structure with a layout suited to a range of professional office operations.
Located at 100 Mantua Boulevard in Mantua, New Jersey, the building occupies a corner lot at a busy intersection near shopping and established businesses. An expansive on-site parking area supports the property’s office configuration. Built in 1900, the building combines a traditional structure with a layout suited to a range of professional office operations.
Key Highlights
- 2,796‑square‑foot two‑story professional office building
- Flexible layout with shared work area, private offices, conference room, kitchenette, and three restrooms
- Full unfinished basement and walk‑in attic provide additional storage
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
$35,821
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
7.96%
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%
$716,420
$716.4K
Cap Rate 7%
$511,729
$511.7K
Cap Rate 9%
$398,011
$398.0K
Market Conditions
NOI Build-Up for 2,796 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
$50.3K $18.00/SF
− Vacancy
−$2.6K −$0.92/SF
EGI
$47.8K $17.08/SF
− OpEx
−$11.9K −$4.27/SF
NOI
$35.8K $12.81/SF
Area
Gloucester County, NJ
Vacancy
5.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$716,420
Cap Rate 7%
$511,729
Cap Rate 9%
$398,011
Alternative Uses
Best Use
Office B
$629.9K
$551.2K – $734.9K
NOI $44,094 @ 7.0% cap · market cap 9.80%
Second Best
Specialty Retail
$511.7K
$447.8K – $597.0K
NOI $35,821 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$939.8K
$822.4K – $1.10M
NOI $65,789 @ 7.0% cap · market cap 14.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 08051, NJ
10,644
Population
4,602
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,801
Density / Sq Mi
$97,452
Median Household Income
$57,900
Median Earnings
$1,691
Median Rent
$249,000
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 - Furnished office property with flexible work areas, private offices, conference space, storage, and on-site parking.
Where is this office building located?
The property is located at 100 Mantua Boulevard Mantua, NJ.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 2,796‑square‑foot two‑story professional office building; Flexible layout with shared work area, private offices, conference room, kitchenette, and three restrooms; Full unfinished basement and walk‑in attic provide additional storage
