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    3 Chapel St Pilesgrove, NJ 08098

    For Sale
    $400,000

    Spacious Chapel, Office Space, & Cemetery

    Property size:
    1 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This unique 7.48-acre property in Pilesgrove, NJ, presents a compelling investment opportunity. The main structure, a substantial 7,250 square-foot building, boasts a fascinating history. Originally a single-story chapel with a mezzanine, it has been expanded to include a two-story section. The second floor comprises seven offices and two bathrooms, ideal for administrative use. The ground floor offers a large, open floor plan with three additional rooms, providing versatile space for various purposes. Included is a separate storage shed and off-street parking accommodating two to four vehicles. The property also features an active cemetery on the main parcel (Block 52, Lot 5). Further enhancing the offering is an additional lot located on Jill Road, also containing a cemetery (Block 00024, Lot 00009). The property was previously tax-exempt

    Property Features for 3 Chapel St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1 SF
    Lot Size
    325,829 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Hair Salon Clothing Store Gym & Fitness Auto Repair Shop Hotel & Motel HVAC Service Grocery Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Pilesgrove
    County
    Salem
    State
    New Jersey
    Longitude
    -75.36923
    Latitude
    39.65707

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Chapel, Office Space, & Cemetery
    Where is this commercial real estate located?
    The property is located at 3 Chapel St Pilesgrove, NJ.
    What is the asking price?
    The asking price for this property is $400,000.
    (856) 321-1212
    Request Owner's contact information
    3 Chapel St Pilesgrove, NJ 08098
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    Pilesgrove, NJ 08098
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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
    3 Chapel St Pilesgrove, NJ 08098
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