1285 Route 38, Hainesport, NJ 08036

Building Details

Building Size 5,000 SF More

Listing Agency: NAI Mertz - Corporate

Listed By: Rick Gordon Show Phone

Source: Naimertz

Added: Aug 1 Changed: Nov 6 Last Checked: Nov 6 at 7:08AM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This commercial land offering is located at 1285 Route 38 in Hainesport, New Jersey. The property is presented for sale as a development opportunity.

Key Highlights

• 1285 Route 38, Hainesport, NJ 08036

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$74,770

Cap Rate

7.51%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,495,400 $1.5M

Cap Rate 7%

$1,068,143 $1.1M

Cap Rate 9%

$830,778 $830.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,000 SF

Gross rent

$112.2K $22.44/SF

− Vacancy

−$5.4K −$1.08/SF

EGI

$106.8K $21.36/SF

− OpEx

−$32.0K −$6.41/SF

NOI

$74.8K $14.95/SF

Area

Burlington County, NJ

Vacancy

4.80%

Lease Rate

$22.44 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,495,400

Cap Rate 7%

$1,068,143

Cap Rate 9%

$830,778

Alternative Uses

Best Use

Retail

$1.07M

$934.6K – $1.25M (±1% cap)

NOI $74,770 @ 7.0% cap · market cap 7.51%

Second Best

—

—

no second resolved use

Theoretical Best

Warehouse

$10.46M

$9.15M – $12.20M (±1% cap)

NOI $732,018 @ 7.0% cap · market cap 73.57%

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

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Parts Store Hair Salon Auto Repair Shop

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

219

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 82% Electronics 16% Home Improvements & Furnishings 2%

SONIC Drive In Dining

10,143 visits/mo 0.4 miles

Verizon Electronics

1,996 visits/mo 0.5 miles

Sherwin-Williams Paint Store Home Improvements & Furnishings

282 visits/mo 0.2 miles

Demographics for 08036, NJ

6,021

Population

2,601

Households

2.3

Avg Household Size

47

Median Age

47%

College-Educated

96%

High-School Grad

6.4 sq mi

ZIP Area

941

Density / Sq Mi

$137,610

Median Household Income

$66,396

Median Earnings

$1,453

Median Rent

$397,800

Median Home Value

Market

Properties on Market for Commercial land in Burlington County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar For Sale Nearby

See more

High-Frontage Flex and Office Building

1348 Route 38, Hainesport, NJ 08036

$740,000

7,000 SF

View details

7-Unit Flex Space

4400 SYLON BOULEVARD Unit: 4401-4407, Hainesport, NJ 08036

$2,200,000

14,700 SF

View details

Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land available for sale in Hainesport, New Jersey.

Where is this commercial land located?

The property is located at 1285 Route 38 Hainesport, NJ.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: 1285 Route 38, Hainesport, NJ 08036