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    102 Clements Bridge Rd Runnemede, NJ 08078

    Sponsored
    For Sale
    $289,000

    Downtown Runnemede: 2,500 SF, Low Taxes

    Property size:
    2,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use commercial property, located at 102 E Clements Bridge Road in the heart of Runnemede, New Jersey, presents a fantastic opportunity for a business seeking a prominent location. Boasting a total of 2,500 square feet, this property is ideally suited for a start-up or a company looking to expand. The building features two floors, each approximately 1,250 square feet, offering ample space for various business needs. Previously used as a dance studio, the interior requires some cosmetic updates, primarily focusing on carpet and paint, allowing a new owner to personalize the space and build sweat equity. The property benefits from a highly visible corner location, ensuring excellent exposure to potential customers. The attractive elevation adds to its curb appeal. Furthermore, this property enjoys the significant advantage of low taxes, making it an even more attractive investment. The neighborhood is vibrant and offers a strong sense of community. This is a rare chance to acquire a well-priced commercial space in a desirable location with significant upside potential. Don't miss this opportunity to establish your business in a thriving area.

    Property Features for 102 Clements Bridge Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,500 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    Dynamic Dance Xplosions Dance School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Runnemede
    County
    Camden
    State
    New Jersey
    Longitude
    -75.07128
    Latitude
    39.84969

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    FAQs

    What type of property is this?
    Mixed-use property - Downtown Runnemede: 2,500 SF, Low Taxes
    Where is this mixed-use property located?
    The property is located at 102 Clements Bridge Rd Runnemede, NJ.
    What is the asking price?
    The asking price for this property is $289,000.
    (856) 931-5001
    Request Owner's contact information
    102 Clements Bridge Rd Runnemede, NJ 08078
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    Realmo Value Estimation

    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.

    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.

    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
    102 Clements Bridge Rd Runnemede, NJ 08078
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