Renovated First-Floor Office
For Sale
$310,000
1221 N Church Street, Moorestown, NJ 08057
Courtyard-oriented office condo with direct access, updated finishes, and a flexible professional layout.
Property Size4,708 SF
Price / SF$146.30
Days on Market100
Property Features for 1221 N Church Street
General Information
Standard status
Active
Size
4,708 SF
Class
A
Property subtype
Office
Zoning
BP1
Additional Details
Floor
1
HOA Fee
$814
Utilities to Site
Yes
Sprinkler System
Yes
Office Units
1
Amenities
courtyard
Building Details
Building Size
4,708 SF
Year Built
2006
Year Renovated
2025
Buildings
1
Stories
2
Construction
stucco
Parking Ratio
5 per 1,000 SF
Listing Agency:
NAI Mertz - Corporate
Listed By:
Julie Kronfeld · License #8000195
(813) 205-5573
Source:
Naimertz
Added: Jul 9
Changed: Oct 1
Last Checked: Oct 14 at 10:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Mertz - Corporate
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Investment Insights
Based on property information with market context.
Suite 101 is a 2,119-square-foot first-floor office condominium within a two-story stucco building constructed in 2006. Renovated in 2025, the suite includes five private offices, a bullpen sized for up to seven cubes, two ADA restrooms, and a kitchenette. New HVAC provides a separate sensor for each room, while fresh paint and carpet support immediate occupancy. The suite also has direct access and sprinkler protection.
The property is arranged around a fountain courtyard within Price Professional Court. Building services include gas and electric utilities along with public water and sewer. Employee parking is provided at a ratio of 5 spaces per 1,000 square feet, and the condominium is zoned BP1 Business Park. The configuration and accessibility features support medical or professional office use.
The property is arranged around a fountain courtyard within Price Professional Court. Building services include gas and electric utilities along with public water and sewer. Employee parking is provided at a ratio of 5 spaces per 1,000 square feet, and the condominium is zoned BP1 Business Park. The configuration and accessibility features support medical or professional office use.
Key Highlights
- 2,119 SF first‑floor office condo in Suite 101
- Renovated 2025 with new paint, carpet, and HVAC
- Five offices plus bullpen accommodating up to 7 cubes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,010
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,200
$380.2K
Cap Rate 7%
$271,571
$271.6K
Cap Rate 9%
$211,222
$211.2K
Market Conditions
NOI Build-Up for 2,119 SF
Gross rent
$28.5K $13.44/SF
− Vacancy
−$3.1K −$1.48/SF
EGI
$25.3K $11.96/SF
− OpEx
−$6.3K −$2.99/SF
NOI
$19.0K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,200
Cap Rate 7%
$271,571
Cap Rate 9%
$211,222
Alternative Uses
Best Use
Office B
$271.6K
$237.6K – $316.8K
NOI $19,010 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.43M
$3.88M – $5.17M
NOI $310,229 @ 7.0% cap · market cap 100.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 08057, NJ
21,691
Population
8,382
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
1,418
Density / Sq Mi
$152,290
Median Household Income
$72,500
Median Earnings
$1,485
Median Rent
$626,400
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 units - Courtyard-oriented office condo with direct access, updated finishes, and a flexible professional layout.
Where is this office units located?
The property is located at 1221 N Church Street Moorestown, NJ.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 2,119 SF first‑floor office condo in Suite 101; Renovated 2025 with new paint, carpet, and HVAC; Five offices plus bullpen accommodating up to 7 cubes
