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    1700 Black Horse Park Williamstown, NJ 08094

    For Sale
    $1,695,000

    High-Cap Rate Strip Mall, 1.81 Acres

    Property size:
    15,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 15,600 square foot retail property in Williamstown, NJ presents a rare investment opportunity. Situated on a 1.81-acre lot with ample parking (140 spaces), this well-maintained brick building boasts high visibility and excellent access to major transportation arteries, including direct routes to Philadelphia, Atlantic City, and the New Jersey Turnpike. The property features a diverse mix of long-term tenants, ensuring a stable income stream. A new roof has recently been installed, minimizing immediate maintenance concerns. The property's high traffic counts contribute to strong tenant performance. A unique aspect of this offering is the availability of a 6,000 square foot unit for owner-occupancy. Alternatively, the current owner is prepared to sign a two-year lease on this space, providing immediate rental income for a new investor. This prime location and the combination of established tenants and owner-occupancy potential make this a compelling investment opportunity with significant upside potential. The asking price is $1,695,000. This is a truly exceptional chance to acquire a thriving commercial property in a desirable location.

    Property Features for 1700 Black Horse Park

    General Information

    Property type
    Retail properties
    Square Feet
    15,600 SF
    Lot Size
    78,844 SF

    Building Details

    Year Built
    1961
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Williamstown
    County
    Gloucester
    State
    New Jersey
    Longitude
    -74.96623
    Latitude
    39.66385

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    FAQs

    What type of property is this?
    Retail property - High-Cap Rate Strip Mall, 1.81 Acres
    Where is this retail property located?
    The property is located at 1700 Black Horse Park Williamstown, NJ.
    What is the asking price?
    The asking price for this property is $1,695,000.
    (609) 924-1600
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    1700 Black Horse Park Williamstown, NJ 08094
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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
    1700 Black Horse Park Williamstown, NJ 08094
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