Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Gloucester City Title is generated by Realmo AI

    100 PARK Avenue, Gloucester City, NJ 08030

    View on Map
    Claim this Listing
    New
    For Sale
    $1,900,000

    LAND - GLOUCESTER CITY, NJ

    Lot size:
    0.29 Acres
    Added:
    May 18, 2026
    Days on Market:
    5
    Last Refresh:
    May 22 at 3:06 pm

    Property Features for 100 PARK Avenue

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    1180

    We can help!

    Listing Contact
    Gregory S Hale
    Gregory S Hale

    Listing agent Gregory S Hale License #8435262

    Listing office RE/MAX ONE Realty-Moorestown 2 E Main Street, Moorestown, NJ

    Listing date May 18, 2026

    MLS# NJCD2117904 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.

    HighLights

    • Approximately 6 acre plot of land suitable for residential development.
    • Potential to build 20 to 25 homes.
    • Located in a residential community of Gloucester City.
    • Possible panoramic views of Millers Pond.
    • Property fronts Park Ave, Weston, and Gaskill.
    • Existing Ranch home included in the sale.

    Overview

    This is an approximately 6 acre plot of land situated within a residential community of Gloucester City. The property, comprising multiple blocks and lots, presents an opportunity for a builder to construct an estimated 20 to 25 homes. The site offers panoramic views of Millers Pond and is mostly wooded. An existing ranch home is included in the sale, to be transferred in its current "AS IS" condition. The property fronts Park Ave, Weston, and Gaskill, all located within the residential community. This property is part of an estate and is being sold "AS IS." Prospective buyers are responsible for conducting their own research and due diligence. The buyer is responsible for obtaining any and all necessary approvals, variances, and permits from the city or township for future development. Note that the property taxes displayed may not be entirely accurate. The lot size is 0.2893 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester City
    County
    Camden
    State
    New Jersey
    Longitude
    -75.1020363
    Latitude
    39.8848692

    Nearby Similar for Sale

    • $300,000
      2,400 SF

      Mixed-Use Building in Gloucester City

      Fully leased mixed-use building with parking and updated units.
      456 S BROADWAY, GLOUCESTER CITY, NJ 08030
      View Details
    • $3,650

      Updated Retail/Office Space Available

      3,600 SF updated retail/office space in Gloucester City, NJ.
      527-529 MONMOUTH STREET, GLOUCESTER CITY, NJ 08030
      View Details
    • $329,900
      2,232 SF

      Multi-Family Property in Gloucester City

      Multi-family property on a large, fenced lot.
      29-A LANE Avenue, GLOUCESTER CITY, NJ 08030
      View Details
    • $45,000

      Buildable Land in Gloucester City

      Vacant lot in high-traffic area with development potential.
      200 N BROADWAY, GLOUCESTER CITY, NJ 08030
      View Details
    • $45,000

      Gloucester City Land Opportunity

      Vacant land parcel in high-traffic area near Philadelphia.
      202 N BROADWAY, GLOUCESTER CITY, NJ 08030
      View Details
    • $199,900
      1 SF

      Gloucester City Duplex For Sale

      Fully occupied duplex with separate utilities in Gloucester City, NJ.
      302 JERSEY Avenue, GLOUCESTER CITY, NJ 08030
      View Details
    • $275,000
      1,652 SF

      Mixed-Use Investment Opportunity

      Versatile commercial building with residential income potential in Gloucester City.
      1017 MARKET Street, GLOUCESTER CITY, NJ 08030
      View Details
    • $385,000
      3,000 SF

      Renovated Mixed-Use Stone Duplex

      Three-story mixed-use property with commercial and residential spaces.
      825 JERSEY Avenue, GLOUCESTER CITY, NJ 08030
      View Details
    • $350,000
      1,960 SF

      Gloucester City Triplex Opportunity

      Three-unit property with income potential in evolving Gloucester City market.
      410 Monmouth Street, Gloucester City, NJ 08030
      View Details
    • $395,000
      3,000 SF

      Renovated Mixed-Use Stone Duplex

      Fully renovated mixed-use stone duplex with commercial and residential spaces.
      825 Jersey Avenue, Gloucester City, NJ 08030
      View Details
    • $45,000

      Buildable Lot on High-Traffic Corridor

      Vacant lot with high visibility and development potential.
      200 North Broadway, Gloucester City, NJ 08030
      View Details
    • $269,000

      Double-Lot Commercial Property For Sale

      Rare commercial property with excellent visibility and flexible functionality.
      208 N BROADWAY, GLOUCESTER CITY, NJ 08030
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Approximately 6 acre plot for residential development in Gloucester City.
    Where is this residential land & home lot located?
    The property is located at 100 PARK Avenue Gloucester City, NJ.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Approximately 6 acre plot of land suitable for residential development.; Potential to build 20 to 25 homes.; Located in a residential community of Gloucester City.
    (856) 866-2525
    We can help!
    Listing Contact
    Gregory S Hale
    Gregory S Hale
    Real Estate License ID: 8435262
    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
    100 PARK Avenue, GLOUCESTER CITY, NJ 08030
    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!