Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16 Centerton Rd Bridgeton, NJ 08302

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Newly constructed retail space available near major intersection.

    Building Details

    Year built
    1924

    We can help!

    Listing Contact
    Wyeth Hackett
    Source: Metrocommercial

    Listing Agency: Metro Commercial - NJ Listing Agent: Wyeth Hackett

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

    Learn more

    Overview

    Retail Space in High-Traffic Area

    A newly constructed retail space is available within a building located at a major intersection. The available space is a 3,000 square foot vanilla box. The property is located within 3 miles of 6,911 total households. Other tenants include Chipotle and Wingstop. The property size is 6,926 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeton
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.2055365
    Latitude
    39.4642534

    Nearby Similar for Sale

    • $925,000
      6,825 SF

      Former Daycare Facility For Sale

      Spacious commercial property, ideal for office or educational facility.
      1185 Highway 77, Bridgeton, NJ 08302
      View Details
    • $399,999
      2,668 SF

      Mixed-Use Property with Salon Business

      Mixed-use property with salon, residential unit, and expansion potential.
      200 Cornwell Dr, Bridgeton, NJ 08302
      View Details
    • $299,900
      0.11 Acres

      Commercial Property in Central Bridgeton

      Commercial property with tremendous potential in the heart of Bridgeton.
      50-52 N Laurel St, Bridgeton, NJ 08302
      View Details
    • $1,250,000
      1.00 Acre

      Mini Golf Course and Franchise

      Turnkey water ice franchise and mini golf course for sale.
      73 Landis Ave, Bridgeton, NJ 08302
      View Details
    • $209,000
      0.50 Acres

      Two-Bedroom Ranch in Bridgeton, NJ

      Open, airy two-bedroom ranch on over half an acre.
      434 Clarks Pond Rd, Bridgeton, NJ 08302
      View Details
    • New
      $279,000
      2,072 SF

      Bridgeton Duplex with Investment Potential

      Side-by-side duplex on oversized lot, great investment opportunity.
      106-108 American Ave, Bridgeton, NJ 08302
      View Details
    • $475,000
      21.41 Acres

      Scenic Land Ideal for Farmette

      21.41 acre farmette perfect for building your dream home.
      Pecks Cnr Cohansey Rd, Bridgeton, NJ 08302
      View Details
    • $399,000

      Former Bank Building on Route 77

      Two-story building on 3.21 acres with high visibility location.
      1245 Highway 77, Bridgeton, NJ 08302
      View Details
    • Contact for pricing

      Retail Pad Site Available

      Retail pad site available in Shoprite anchored center.
      950 N Pearl St, Bridgeton, NJ 08302
      View Details
    • Contact for pricing

      Retail Building on Main Road

      Prime retail building in downtown Bridgeton, built in 2017.
      619 Shiloh Pike, Bridgeton, NJ 08302
      View Details
    • Contact for pricing
      9,040 SF

      Freestanding Retail Investment Opportunity

      Newly constructed retail property leased to Dollar Tree.
      399 E Broad St, Bridgeton, NJ 08302
      View Details
    • Contact for pricing

      Retail Space in ShopRite Center

      Retail space available in high-traffic, ShopRite-anchored community center.
      1000-1020 North Pearl St, Bridgeton, NJ 08302
      View Details

    FAQs

    What type of property is this?
    Retail space - Newly constructed retail space available near major intersection.
    Where is this retail space located?
    The property is located at 16 Centerton Rd Bridgeton, NJ.
    What are key features of this property?
    This property features: - Newly constructed building; - Located at a major intersection; - Join Chipotle and Wingstop as tenants
    (484) 326-4492
    Request Owner's contact information
    16 Centerton Rd Bridgeton, NJ 08302
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16 Centerton Rd
    Bridgeton, NJ 08302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16 Centerton Rd Bridgeton, NJ 08302
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Wyeth Hackett
    (484) 326-4492 (610) 260-2662 (856) 866-1900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!