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102 W HIGH STREET W, Glassboro, NJ 08028

Furnished professional offices are scheduled to become available in Q1 2027.

Property Size2,663 SF
Price / SF$0.01
Days on Market3

Property Features for 102 W HIGH STREET W

General Information

Standard status Active
Size 2,663 SF
Property subtype Commercial

Additional Details

Furnished Yes

Building Details

Year Built 2012
Listing Agency: Vantage Real Estate Services
Listed By: Leor Hemo · License #0681182
Source: Cummingsrealtors
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 21 at 2:17AM

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 Vantage Real Estate Services

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Investment Insights

Based on property information with market context.

The 2,663-square-foot office property was built in 2012 and is offered furnished. The space is described as move-in ready, with availability planned for Q1 2027.

At 102 W High Street in Glassboro, the property sits among downtown restaurants, retailers, service businesses, and community amenities. Rowan University is minutes away, and nearby activity includes students, faculty, professionals, and residents.

Key Highlights

  • 2,663 square feet of office space
  • Built in 2012
  • Furnished and planned for availability in Q1 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,996
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,920 $839.9K
Cap Rate 7%
$599,943 $599.9K
Cap Rate 9%
$466,622 $466.6K
Market Conditions
NOI Build-Up for 2,663 SF
Gross rent
$68.7K $25.80/SF
− Vacancy
−$12.7K −$4.77/SF
EGI
$56.0K $21.03/SF
− OpEx
−$14.0K −$5.26/SF
NOI
$42.0K $15.77/SF
Area
Gloucester County, NJ
Vacancy
18.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,920
Cap Rate 7%
$599,943
Cap Rate 9%
$466,622

Alternative Uses

Best Use
Office B
$599.9K
$525.0K – $699.9K (±1% cap)
NOI $41,996 @ 7.0% cap · market cap 135,470.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$895.1K
$783.3K – $1.04M (±1% cap)
NOI $62,660 @ 7.0% cap · market cap 202,129.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Spa & Massage Center Electrical Service Storage Facility Catering Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby

Demographics for 08028, NJ

24,818
Population
9,006
Households
2.8
Avg Household Size
28
Median Age
40%
College-Educated
92%
High-School Grad
14.5 sq mi
ZIP Area
1,712
Density / Sq Mi
$81,993
Median Household Income
$33,160
Median Earnings
$1,554
Median Rent
$278,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Furnished professional offices are scheduled to become available in Q1 2027.
Where is this office unit located?
The property is located at 102 W HIGH STREET W Glassboro, NJ.
What are key features of this property?
This property features: 2,663 square feet of office space; Built in 2012; Furnished and planned for availability in Q1 2027
More about this property
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