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Property profile & analytics
OFF-MARKET
Office Spaces

2713 State Rt 23 Newfoundland, NJ 07435-1414

Entity Owned 13-yr Hold Free & Clear
Property ID
US59-1605458
Property summary
AI-generated overview

This exceptional commercial office space, located at 2713 STATE RT 23 Unit 8A2 in Newfoundland, NJ, presents a fantastic opportunity for a variety of professional businesses. Situated in a thriving mixed-use complex, this property boasts a prime off-highway location with abundant parking, ensuring convenient access for clients and employees. The building enjoys a strong tenant mix, including established businesses such as Lakeland Bank, the Post Office, a deli, and an optical shop, creating a vibrant and busy atmosphere. The office itself currently measures approximately 300 square feet and features two rooms ideally suited for professional use. The space shares a common lobby and restroom on the second level, offering a professional and efficient layout. A significant advantage is the potential to expand the office space if future needs require additional square footage. This makes it an adaptable and scalable solution for growing businesses. The property's location within a well-established commercial center, combined with its ample parking and flexible space, makes it an attractive option for businesses seeking a high-visibility and convenient location in Newfoundland, New Jersey. The asking price is $675,000.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Zoning code 1
APN 15 14605-0000-00004- 14
UPID US59-1605458
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Msv Associates LLC · 13 yrs held
Msv Associates LLC
since 2013
1 recorded transaction
2013
Price N/A
Zoning & alternative use
1 · Newfoundland, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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