Building Details

Year Built 1950

Listing Agency: DePalma Realty Show Phone

Listed By: Larry J. DePalma · License #7839819 Show Phone

Source: Depalmarealty

Added: May 20 Changed: Oct 25 Last Checked: Oct 26 at 3:43AM

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Investment Insights

Based on property information with market context.

Two adjoining parcels comprise approximately 10.1 acres of commercial land in the Taunton & Tuckerton Rehabilitation Area. Existing improvements include an 80-by-40-foot warehouse on one parcel and a single-family residence on the other. The structures are not suited to redevelopment, and any proposed plans are subject to township approvals. The property is zoned GD.

Key Highlights

• Approximately 10.1 acres across two adjoining parcels
• GD zoning
• Located within the Taunton & Tuckerton Rehabilitation Area

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Law Firm Restaurant Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

230

Businesses Nearby

Explore this area Business Placement

Demographics for 08055, NJ

28,806

Population

11,103

Households

2.6

Avg Household Size

45

Median Age

63%

College-Educated

98%

High-School Grad

40.0 sq mi

ZIP Area

720

Density / Sq Mi

$158,487

Median Household Income

$77,304

Median Earnings

$1,502

Median Rent

$456,000

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Two adjoining parcels in the Taunton & Tuckerton Rehabilitation Area are zoned GD and require township approval for redevelopment.

Where is this commercial land located?

The property is located at 122-124 Taunton Road Medford, NJ.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Approximately 10.1 acres across two adjoining parcels; GD zoning; Located within the Taunton & Tuckerton Rehabilitation Area