481 Morris St Woodbury, NJ 08096-2652
This exceptional 6,000-square-foot medical office building, situated on a 3.3-acre lot in Woodbury, New Jersey, presents a unique investment opportunity. Built in 1975 and renovated in 2003, the property boasts a Class B designation and features a single-tenant occupancy. The two-story building offers a spacious 10-foot ceiling height throughout and includes ample parking with 25 spaces on a private lot. Currently configured as a dental practice, the space is readily adaptable to other medical uses. The interior layout includes multiple exam rooms, a dedicated lab area, a private office, several bathrooms, and a comfortable waiting area. A bonus second-floor room provides versatile space for conferences or additional business needs. Conveniently located near Route 45 and downtown Woodbury, this property offers immediate occupancy and easy access to major roadways. The property is located at 481 Morris Street, Woodbury, NJ 08096, and is easily accessible from Salem. The building's single-tenant nature provides a streamlined management experience. This is an excellent opportunity for a medical professional seeking a move-in ready space or an investor looking for a stable, well-maintained property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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