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    5700 New Jersey 42 Washington Township, NJ

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    For Sale
    $7,328,000

    Single-tenant property leased to At Home in Turnersville, New Jersey.

    Property size:
    89,456 SF
    Lot size:
    19.32 Acres

    Property Features for 5700 New Jersey 42

    General Information

    Size
    89,456 SF
    Lot size
    19.32 Acres

    Source: Forged Real Estate Agent Marc Mandel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnersville Retail Property For Sale

    The single-tenant property is leased to At Home in Turnersville, New Jersey, part of Washington Township, approximately 20 miles southeast of Philadelphia. The property is situated on over 17 acres. The lease is structured as NN+ with 10% rental increases in each of the three remaining, five-year options. The landlord is responsible for the structure of the building, while the tenant maintains the roof, HVAC, and parking lot. The roof is under a 20-year warranty that started in 2019. The property benefits from visibility along New Jersey Route 42, which has a traffic volume of over 79,300 vehicles per day. It is also near the Atlantic City Expressway, which sees 47,800 vehicles per day. Turnersville is located within the Philadelphia MSA, the 8th largest metro area in the country with a population of over 6.25 million people. The surrounding 5-mile area has a population of over 183,000 and 71,000 households, with an average household income of $122,000. The property contains 89,456 square feet.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Similar Places Nearby

    Fleurdlin, Oops a Daisy Florist

    Location Insight

    • Map
    • Local Demand
    City
    Washington Township
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0597897
    Latitude
    40.9912886

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    FAQs

    What type of property is this?
    Storefront property - Single-tenant property leased to At Home in Turnersville, New Jersey.
    Where is this storefront property located?
    The property is located at 5700 New Jersey 42 Washington Township, NJ.
    What is the asking price?
    The asking price for this property is $7,328,000.
    What are key features of this property?
    This property features: - Single-tenant property leased to At Home, a national retailer.; - NN+ lease structure with minimal landlord responsibilities and 10% rental increases in each of the three remaining five-year options.; - Attractive price of $80 per square foot.
    (610) 608-2621
    Request Owner's contact information
    5700 New Jersey 42 Washington Township, NJ
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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
    5700 New Jersey 42 Washington Township, NJ
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