Commercial
New
For Sale
$995,000
1285 Route 38, Hainesport, NJ 08036
Commercial land available for sale in Hainesport, New Jersey.
Property Size5,000 SF
Days on Market6
Property Features for 1285 Route 38
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Building Details
Building Size
5,000 SF
Listing Agency:
NAI Mertz - Corporate
(215) 801-8491
Listed By:
Rick Gordon
Source:
Naiglobal
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 5 at 4:33AM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.2k | $22.44 |
| − Vacancy | −$5.4k | −$1.08 |
| EGI | $106.8k | $21.36 |
| − OpEx | −$32.0k | −$6.41 |
| NOI | $74.8k | $14.95 |
5,000 SF · lease $22.44/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$934.6K – $1.25M
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
NOI $732,018 @ 7.0% cap · market cap 73.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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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
