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Prime Office Building with Parking

1501 Tilton Road Northfield, NJ 08225

1501 Tilton Road, Northfield, NJ, 08225
$2,800,000
For Sale
$2,800,000

SINGLE_FAMILY - Northfield, NJ

Property Size15,970 SF
Price / SF$175.33
Days on Market51

Property Features for 1501 Tilton Road

General Information

Property type
Residential
Property subtype
Office
Zoning
O-P
Standard status
Active

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
72727
Listing Agency FORESITE COMMERCIAL REALTY
2408 NEW ROAD, NJ
Listed by SAMANTHA ZERAFA ROESSLER · License #1643608
Added: May 29 Checked: Jul 18 at 6:06 pm
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.


Investment Insights

Based on property information with market context.

This prime office building for sale totals approximately 15,970+/- square feet and includes elevator service for all three floors. The first and second floors are approximately 6,219+/- square feet each, while the lower level provides approximately 3,500+/- square feet of finished space. The first floor is a former bank space, and the property offers potential for both building signage and monument signage.

The building is situated at a traffic light on a corner location at Tilton Road and Zion Road, with direct driveways off Zion and Northfield. It has excellent on-site parking with 53 spaces, with the potential to expand to up to 80+/- spaces. The site runs block to block along Tilton Road from Zion Road to Northfield Road, supporting visibility and easy access within the corridor.

Zoned O-P, the property offers office and medical use potential for the right operator. With its multi-level layout, elevator convenience, and ample parking, it may fit professional service tenants seeking a flexible on-site presence near major regional access points, including the Garden State Parkway and the Margate Causeway area.

Key Highlights

  • Approx. 15,970+/- SF office building with 1st and 2nd floors at approx. 6,219+/- SF each and a lower level at approx. 3,500+/- SF finished space
  • Elevator serves all 3 floors
  • On‑site parking for 53 spots, with potential for up to 80+/- spots

Local Financial Insights For Office B

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 $427.4k $26.76
− Vacancy −$115.4k −$7.23
EGI $312.0k $19.53
− OpEx −$78.0k −$4.88
NOI $234.0k $14.65
15,970 SF · lease $26.76/SF/yr · vacancy 27.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.34M
$2.92M – $3.90M (±1% cap)
NOI $233,978 @ 7.0% cap · market cap 8.36%
Second Best
Healthcare Medical
$3.23M
$2.83M – $3.77M (±1% cap)
NOI $226,403 @ 7.0% cap · market cap 8.09%
Theoretical Best
Warehouse
$5.95M
$5.20M – $6.94M (±1% cap)
NOI $416,298 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Title Co of Jersey Insurance Agency Bank of America ATM ... Atm Bank of America (with ... Bank The Title Company of Jersey Title Company

Suggested Use

Parking Lot & Garage Cafe & Coffee Shop Furniture & Home Goods HVAC Service Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Multi-floor office building with elevator service and strong parking supply, positioned on a prime Northfield business corridor.
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: Approx. 15,970+/- SF office building with 1st and 2nd floors at approx. 6,219+/- SF each and a lower level at approx. 3,500+/- SF finished space; Elevator serves all 3 floors; On‑site parking for 53 spots, with potential for up to 80+/- spots
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