Elevator-Served Office
For Sale
Under Contract
$2,800,000
1501 Tilton Road, Northfield, NJ 08225
COMMERCIAL/INDUSTRIAL, Northfield, NJ
Property Size15,970 SF
Price / SF$175.33
Days on Market143
Property Features for 1501 Tilton Road
General Information
Property type
Residential
Property subtype
Office
Zoning
O-P
Directions
Corner of Tilton Rd and Zion
Subdivision
Northfield City
Standard status
Active Under Contract
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
72727
Listing Agency:
FORESITE COMMERCIAL REALTY
Listed By:
SAMANTHA ZERAFA ROESSLER
(609) 646-1919
Added: May 29
Changed: Sep 14
Last Checked: Oct 18 at 3:06PM
MLS# 608480
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This three-level office property contains approximately 15,970 square feet, with about 6,219 square feet across the first and second floors and roughly 3,500 square feet of finished lower-level space. An elevator connects all floors. The first floor was formerly configured for bank use, and the property may accommodate office or medical applications. Building signage and monument signage may also be possible.
The property occupies a block-to-block position along Tilton Road between Zion Road and Northfield Road, at a signalized corner. Access is provided by two driveways, one from Zion Road and one from Northfield Road. On-site parking includes 53 spaces, with potential for more than 80. The site is approximately three-quarters of a mile from Margate Causeway and just over one mile from Garden State Parkway Exit 36. Zoning is O-P.
The property occupies a block-to-block position along Tilton Road between Zion Road and Northfield Road, at a signalized corner. Access is provided by two driveways, one from Zion Road and one from Northfield Road. On-site parking includes 53 spaces, with potential for more than 80. The site is approximately three-quarters of a mile from Margate Causeway and just over one mile from Garden State Parkway Exit 36. Zoning is O-P.
Key Highlights
- Approximately 15,970+/- SF across three levels
- About 6,219+/- SF on the first and second floors, plus 3,500+/- SF of finished lower‑level space
- Elevator serves all 3 floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$233,978
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,679,560
$4.7M
Cap Rate 7%
$3,342,543
$3.3M
Cap Rate 9%
$2,599,756
$2.6M
Market Conditions
NOI Build-Up for 15,970 SF
Gross rent
$427.4K $26.76/SF
− Vacancy
−$115.4K −$7.23/SF
EGI
$312.0K $19.53/SF
− OpEx
−$78.0K −$4.88/SF
NOI
$234.0K $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%
$4,679,560
Cap Rate 7%
$3,342,543
Cap Rate 9%
$2,599,756
Alternative Uses
Best Use
Office B
$3.34M
$2.92M – $3.90M
NOI $233,978 @ 7.0% cap · market cap 8.36%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.95M
$5.20M – $6.94M
NOI $416,298 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Three-level office property with finished lower-level space, on-site parking, and access from two driveways.
Where is this office building located?
The property is located at 1501 Tilton Road Northfield, NJ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Approximately 15,970+/- SF across three levels; About 6,219+/- SF on the first and second floors, plus 3,500+/- SF of finished lower‑level space; Elevator serves all 3 floors
