Medford Professional Office
152 HIMMELEIN Road, Medford, NJ 08055
- Added:
- May 9, 2026
- Days on Market:
- 9
- Last Refresh:
- May 17 at 3:06 pm
Property Features for 152 HIMMELEIN Road
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 32
- Parking features
- Parking Lot, Special Needs, Assigned
- Standard status
- Active
- Size
- 2,500 SF
Taxes and HOA fees
- Tax Annual Amount
- 6006
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1986
- Number of units
- 2
- Building materials
- Vinyl Siding, Brick, Block, CPVC/PVC, Copper Plumbing
Listing agent James L Moffa License #901791 (609) 458-3711
Listing office Keller Williams Realty - Marlton 103 70 Route unit: D, Medford, NJ (856) 441-6800
Listing date May 9, 2026
MLS# NJBL2111258
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strategically located with immediate proximity to I‑295 and Routes 38, 70, 73, and 206 for seamless connectivity.
- Flexible investment opportunity for owner‑users or investors.
- Low‑maintenance ownership with condo fee covering exterior and common area upkeep.
- Adaptable 2,500 SF professional office condominium comprised of two combined units.
- Ample parking available in front and rear, with ADA‑compliant ramp entry.
- Strong visibility and consistent traffic exposure in a well‑established professional setting.
Overview
Available for purchase is a meticulously maintained professional office condominium in Medford, NJ, comprising approximately 2,500 square feet. The condominium consists of two combined units, thoughtfully configured for professional use. Originally a medical layout, the space was converted into a well-designed Certified Public Accountant office, resulting in a highly functional and adaptable floor plan. This property offers flexibility for an owner-user or investor, with options to occupy one unit while leasing the other, utilize the entire suite, or maintain it as a fully leased investment. The tenant is allowing scheduled showings. The monthly condominium association fee is $1,045, covering exterior building maintenance, roofing, common area upkeep, landscaping, snow removal, parking areas, and insurance. The suite includes multiple private offices, three restrooms, front and rear stairway access, and ADA-compliant ramp entry. Ample parking is available in both the front and rear of the complex. The property benefits from proximity to I-295 and Routes 38, 70, 73, and 206, with access to the New Jersey and Pennsylvania Turnpikes and the Atlantic City Expressway. The location provides connectivity to Philadelphia and the Jersey Shore. The surrounding area includes major medical institutions such as the University of Pennsylvania, Cooper MD Anderson Cancer Center, Fox Chase Cancer Center, and Virtua Health System, along with retail and dining destinations including the Promenade at Sagemore, Moorestown and Cherry Hill Malls, Centerton Square, and the Garden State Park Marketplace. The property is suited for professional, medical, or service-oriented uses. The properties are being sold in an "AS IS" condition.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$249.2K
NOI $22,428 @ 9.00% cap · cautious / downside scenario
Moderate
$320.4K
NOI $22,428 @ 7.00% cap · market / base-case scenario
Aggressive
$448.6K
NOI $22,428 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.6k | $13.44 |
| − Vacancy | −$3.7k | −$1.48 |
| EGI | $29.9k | $11.96 |
| − OpEx | −$7.5k | −$2.99 |
| NOI | $22.4k | $8.97 |
2,500 SF · lease $13.44/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$320.4K
$280.4K – $373.8K
NOI $22,428 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.23M
$4.58M – $6.10M
NOI $366,009 @ 7.0% cap · market cap 97.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Map
- City
- Medford
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.82259
- Latitude
- 39.88319
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Well-maintained 2,500 SF office condo for sale.
Where is this office units located?
The property is located at 152 HIMMELEIN Road Medford, NJ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Strategically located with immediate proximity to I‑295 and Routes 38, 70, 73, and 206 for seamless connectivity.; Flexible investment opportunity for owner‑users or investors.; Low‑maintenance ownership with condo fee covering exterior and common area upkeep.
