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    2330 New Rd Northfield, NJ 08225

    For Sale
    $595,000

    Prime location, leased to established tenants.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a substantial 3600+ square foot office building situated in a desirable Northfield, NJ location. The property boasts a highly advantageous layout, featuring two nearly identical 1800+ square foot floors. Each floor is thoughtfully designed with a dedicated reception area, a convenient conference room, and four individual offices, providing ample space for various business needs. The building's strong tenant occupancy is a key highlight, with the first floor currently leased to a bank and the second floor occupied by a casino company, ensuring a stable and consistent income stream. The property also includes a sizable 1800+ square foot basement, offering significant potential for additional storage or expansion. This well-maintained building presents a rare chance to acquire a turnkey commercial property in a prime location with established, reliable tenants. The strategic location in Northfield offers excellent visibility and accessibility, making it an attractive proposition for both current and future tenants. This is an ideal investment for those seeking a stable, income-generating asset with significant long-term potential. The property is offered at $595,000. Serious inquiries only.

    Property Features for 2330 New Rd

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Meridian Bank Mortgage Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.56383
    Latitude
    39.36367

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, leased to established tenants.
    Where is this commercial real estate located?
    The property is located at 2330 New Rd Northfield, NJ.
    What is the asking price?
    The asking price for this property is $595,000.
    (609) 652-6690
    Request Owner's contact information
    2330 New Rd Northfield, NJ 08225
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    Northfield, NJ 08225
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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
    2330 New Rd Northfield, NJ 08225
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