Two-Story Office
For Sale
$950,000
1118 Tilton Road, Northfield, NJ 08225
COMMERCIAL/INDUSTRIAL, Northfield, NJ
Property Size2,000 SF
Lot Size0.39 Acres
Price / SF$475
Days on Market99
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Property Features for 1118 Tilton Road
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement, Laundry Room
Interior features
Smoke/Fire Alarm
Lot features
Business District, Corner
Directions
Building is located on the right hand side of Tilton Rd, just past TD Bank.
Subdivision
Northfield City
Standard status
Active
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12256
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air, Electric
Water source
Public
Building Details
Flooring type
Hardwood, Linoleum
Listing Agency:
HomeSmart First Advantage Realty - Northfield
(609) 645-6000
Listed By:
Martin Petranov · License #2077998
(609) 271-4748
Added: Jul 9
Changed: Oct 11
Last Checked: Oct 15 at 5:06PM
MLS# 609724
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This approximately 2,000-square-foot, two-story office building was constructed in 1980 and is located on approximately 0.39 acres. The property includes a flexible professional-office layout, central air, forced-air natural gas heat, public water, public sewer, smoke and fire alarms, and a combination of linoleum and hardwood flooring. The building currently operates as a nail salon, while the business itself is excluded from the property transaction. No lease agreement is in place, and the business operates on a month-to-month basis.
Positioned along Tilton Road in Northfield, the property offers on-site parking and access to the Garden State Parkway and Atlantic City Expressway. It is located in a Commercial Business (C-B) zoning district. The property is offered in AS IS condition and may accommodate medical, dental, professional, or administrative office use as supported by the source information.
Positioned along Tilton Road in Northfield, the property offers on-site parking and access to the Garden State Parkway and Atlantic City Expressway. It is located in a Commercial Business (C-B) zoning district. The property is offered in AS IS condition and may accommodate medical, dental, professional, or administrative office use as supported by the source information.
Key Highlights
- Approximately 2,000 SF two‑story office building on approximately 0.39 acres
- Commercial Business (C‑B) zoning
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,302
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,040
$586.0K
Cap Rate 7%
$418,600
$418.6K
Cap Rate 9%
$325,578
$325.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$53.5K $26.76/SF
− Vacancy
−$14.5K −$7.23/SF
EGI
$39.1K $19.53/SF
− OpEx
−$9.8K −$4.88/SF
NOI
$29.3K $14.65/SF
Area
Atlantic County, NJ
Vacancy
27.00%
Lease Rate
$26.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,040
Cap Rate 7%
$418,600
Cap Rate 9%
$325,578
Alternative Uses
Best Use
Office B
$418.6K
$366.3K – $488.4K
NOI $29,302 @ 7.0% cap · market cap 3.08%
Second Best
Healthcare Medical
$405.1K
$354.4K – $472.6K
NOI $28,354 @ 7.0% cap · market cap 2.98%
Theoretical Best
Warehouse
$744.8K
$651.7K – $868.9K
NOI $52,135 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
Explore this area
Business Placement
Demographics for 08225, NJ
8,442
Population
3,447
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
6.1 sq mi
ZIP Area
1,384
Density / Sq Mi
$104,042
Median Household Income
$50,938
Median Earnings
$1,554
Median Rent
$275,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Professional office property with C-B zoning, on-site parking, and access to major regional roadways.
Where is this office building located?
The property is located at 1118 Tilton Road Northfield, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 2,000 SF two‑story office building on approximately 0.39 acres; Commercial Business (C‑B) zoning; Built in 1980
