Medical Office
For Sale
$1,099,900
1226 Tilton Rd, Northfield, NJ 08225
For sale office asset in Northfield, NJ, noted as fully occupied as of May 2014.
Property Size5,775 SF
Price / SF$190.46
Days on Market142
Property Features for 1226 Tilton Rd
General Information
Standard status
Active
Size
5,775 SF
Occupancy
100%
Building Details
Year Built
1990
Listing Agency:
BHHS Fox & Roach-Northfield
Listed By:
Richard Baehrle · License #8436462
(609) 226-6680
Source:
Lgagne
Added: Jun 16
Changed: Oct 25
Last Checked: Oct 7 at 5:29PM
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 BHHS Fox & Roach-Northfield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale medical office building is an office property configured to support healthcare-related use, marketed as a fully occupied asset. Public remarks indicate the property was 100% occupied as of 05/07/2014. As presented, it offers a turnkey ownership profile for buyers seeking an income-producing office asset rather than a vacant redevelopment scenario.
The property is located at 1226 Tilton Rd in Northfield, NJ. No additional site or building specifics were provided in the public remarks, including layout details, parking, or exterior features.
For prospective buyers, the most prominent practical consideration reflected in the available information is occupancy. With the building reported as fully occupied at the time of the recorded remark, it may appeal to buyers and advisors focused on acquiring a stabilized office property. Because no tenant, lease structure, or unit-level details are included in the provided data, underwriting should be based on full diligence of current occupancy, lease terms, and operating history once available.
The property is located at 1226 Tilton Rd in Northfield, NJ. No additional site or building specifics were provided in the public remarks, including layout details, parking, or exterior features.
For prospective buyers, the most prominent practical consideration reflected in the available information is occupancy. With the building reported as fully occupied at the time of the recorded remark, it may appeal to buyers and advisors focused on acquiring a stabilized office property. Because no tenant, lease structure, or unit-level details are included in the provided data, underwriting should be based on full diligence of current occupancy, lease terms, and operating history once available.
Key Highlights
- Office asset built in 1990
- 100% occupied as of May 2014 (05/07/2014)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,610
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,692,200
$1.7M
Cap Rate 7%
$1,208,714
$1.2M
Cap Rate 9%
$940,111
$940.1K
Market Conditions
NOI Build-Up for 5,775 SF
Gross rent
$154.5K $26.76/SF
− Vacancy
−$41.7K −$7.23/SF
EGI
$112.8K $19.53/SF
− OpEx
−$28.2K −$4.88/SF
NOI
$84.6K $14.65/SF
Area
Atlantic County, NJ
Vacancy
27.00%
Lease Rate
$26.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,692,200
Cap Rate 7%
$1,208,714
Cap Rate 9%
$940,111
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,610 @ 7.0% cap · market cap 7.69%
Second Best
Healthcare Medical
$1.17M
$1.02M – $1.36M
NOI $81,871 @ 7.0% cap · market cap 7.44%
Theoretical Best
Warehouse
$2.15M
$1.88M – $2.51M
NOI $150,540 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,003
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08225, NJ
8,442
Population
3,447
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
6.1 sq mi
ZIP Area
1,384
Density / Sq Mi
$104,042
Median Household Income
$50,938
Median Earnings
$1,554
Median Rent
$275,900
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
Similar Off Market Nearby
- Northfield Veterinary Center — 611 New Rd, Northfield, NJ 08225
Frequently Asked Questions
What type of property is this?
Medical Office Space - For sale office asset in Northfield, NJ, noted as fully occupied as of May 2014.
Where is this medical office space located?
The property is located at 1226 Tilton Rd Northfield, NJ.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: Office asset built in 1990; 100% occupied as of May 2014 (05/07/2014)
