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Two-Story Medical Office Space
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130 N Haddon Ave, Haddonfield, NJ 08033

First-floor medical improvements are paired with general office space above.

Property Size5,000 SF
Price / SF$220
Days on Market337

Property Features for 130 N Haddon Ave

General Information

Standard status Active
Size 5,000 SF
Total Parking Spaces 11
Property subtype OFFICE

Additional Details

Public Transit Yes
Listing Agency: NAI Mertz - Corporate
Listed By: Joe Riggs · License #2441187
Source: Moodyscre
Added: Sep 29, 2025 Changed: Aug 29 Last Checked: Aug 30 at 10:20PM

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 5,000-square-foot office property at 130 N Haddon Ave includes a medical buildout on the first floor and general office space on the second. The two-level configuration supports distinct professional office environments within one property, with 11 on-site parking spaces.

The property is in Haddonfield, NJ, near the PATCO Station. The office is offered for sale or lease, and showings are available by appointment.

Key Highlights

  • 5,000‑square‑foot medical office property
  • First floor includes an existing medical buildout
  • Second floor configured for general office use

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,162
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.38%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,403,240 $1.4M
Cap Rate 7%
$1,002,314 $1.0M
Cap Rate 9%
$779,578 $779.6K
Market Conditions
NOI Build-Up for 5,000 SF 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.
Gross rent
$109.8K $21.96/SF
− Vacancy
−$16.3K −$3.25/SF
EGI
$93.5K $18.71/SF
− OpEx
−$23.4K −$4.68/SF
NOI
$70.2K $14.03/SF
Area
Camden County, NJ
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,403,240
Cap Rate 7%
$1,002,314
Cap Rate 9%
$779,578

Alternative Uses

Best Use
Office B
$1.00M
$877.0K – $1.17M (±1% cap)
NOI $70,162 @ 7.0% cap · market cap 6.38%
Second Best
Healthcare Medical
$876.3K
$766.8K – $1.02M (±1% cap)
NOI $61,344 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,744 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) Store Locksmith Daycare Center

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

2,103
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08033, NJ

17,451
Population
6,914
Households
2.5
Avg Household Size
40
Median Age
73%
College-Educated
99%
High-School Grad
3.9 sq mi
ZIP Area
4,475
Density / Sq Mi
$143,661
Median Household Income
$80,817
Median Earnings
$1,449
Median Rent
$581,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Similar Off Market Nearby

  • West Haddonfield Veterinarian 36 Kresson Rd, Cherry Hill, NJ 08034
  • Neabore Veterinary Clinic 320 N Haddon Ave, Haddonfield, NJ 08033
  • Haddonfield Animal Veterinary Service HADDONFIELD PROFESSIONAL BUILDING, 501 N Haddon Ave, Haddonfield, NJ 08033

Frequently Asked Questions

What type of property is this?
Medical Office Space - First-floor medical improvements are paired with general office space above.
Where is this medical office space located?
The property is located at 130 N Haddon Ave Haddonfield, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,000‑square‑foot medical office property; First floor includes an existing medical buildout; Second floor configured for general office use
(609) 352-1162 Call to check price and availability
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