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    The Largest CRE Database in the US with Over 1 Million Listings

    801 Bridgeboro Rd Beverly, NJ 08010

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    For Lease
    $12 SF/Yr ($3,000 /Mo)

    Modernized office suites with flexible layout near major routes.

    Property size:
    3,000 SF
    Lot size:
    16.06 Acres

    Property Features for 801 Bridgeboro Rd

    General Information

    Size
    3,000 SF
    Lot size
    16.06 Acres

    We can help!

    Listing Contact
    Leor Hemo
    Leor Hemo
    Source: Moodyscre

    Listing Agent: Leor Hemo

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

    Learn more

    Overview

    Renovated Office Space Available

    This office space is part of a unique office/industrial complex. The suites, totaling 3000 square feet, have been fully renovated, offering modernized spaces tailored to meet tenant needs. The suites include private offices, a kitchenette, and bullpen space. With a flexible layout, this property is ideal for a variety of uses, including traditional office spaces, sales offices, and service providers. It is conveniently located near Route 130, the Burlington-Bristol Bridge, and I-295, offering excellent accessibility for businesses and clients. Nearby amenities include Virtua Willingboro Hospital, The Madison event space, and various dining and retail options, providing added convenience for employees and visitors. There is also the option to lease nearby warehouse space if a storage facility is required for a prospective tenant’s use.
    Location Intelligence

    Current Use by Public Records

    Sunwise Store Solar Energy Company Tower Logistic Warehousing Logistics Service Bell Roofing Company Roofing Contractor Rampone Industries Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.9206502
    Latitude
    40.0584471

    Nearby Similar for Lease

    • Contact for pricing
      5,000 SF

      Renovated Industrial Space For Lease

      Versatile industrial space suitable for various uses, newly renovated.
      200 Cooper St, Beverly, NJ 08010
      View Details
    • Contact for pricing
      704,700 SF

      New Industrial Warehouse Space Available

      Newly built industrial warehouse with ample parking and trailer stalls.
      4259 Us-130, Beverly, NJ
      View Details

    FAQs

    What type of property is this?
    Office space - Modernized office suites with flexible layout near major routes.
    Where is this office space located?
    The property is located at 801 Bridgeboro Rd Beverly, NJ.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Fully renovated suites feature private offices, kitchenette, and bullpen space.; - Excellent accessibility to Route 130, Burlington-Bristol Bridge, and I-295.; - Flexible layout is suitable for various uses such as office, sales, or service providers.
    (856) 797-1919
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    801 Bridgeboro Rd Beverly, NJ 08010
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    Beverly, NJ 08010
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    801 Bridgeboro Rd Beverly, NJ 08010
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    We can help!
    Listing Contact
    Leor Hemo
    Leor Hemo
    (856) 797-1919
    Learn more
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