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Furnished Office Units
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1630 New Rd, Northfield, NJ 08225

Partitioned professional suites include shared meeting rooms, restrooms, and a coffee room for coordinated workplace use.

Property Size7,500 SF
Price / SF$0.00
Days on Market77

Property Features for 1630 New Rd

General Information

Standard status Active
Size 7,500 SF

Additional Details

Furnished Yes
Utilities to Site Yes

Amenities

restrooms
coffee room
meeting areas

Building Details

Tenancy Multi
Listing Agency: BALSLEY/LOSCO
Listed By: CARLO LOSCO · License #RB-7854227
Source: Southjerseyshorehomesfinder
Added: Jul 31 Changed: Oct 8 Last Checked: Oct 7 at 5:21PM

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 BALSLEY/LOSCO

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Investment Insights

Based on property information with market context.

Professional office units at 1630 New Rd in Northfield, New Jersey offer partitioned, furnished workspace in a practical suite configuration. Available space ranges from 2,500 square feet up to 7,500 square feet, providing multiple size options within the property. The setting includes established professional occupants and shared areas designed for day-to-day workplace use.

Common amenities include restrooms, a coffee room, and meeting areas with seating for 50+ people. Utilities are separately metered to the individual units, supporting distinct control of service usage. The combination of existing furnishings, divided offices, and shared meeting infrastructure provides a functional foundation for professional operations.

Key Highlights

  • 2,500 square feet up to 7,500 square feet of office space
  • Partitioned and furnished office configuration
  • Shared meeting areas with 50+ seating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$109,883
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,197,660 $2.2M
Cap Rate 7%
$1,569,757 $1.6M
Cap Rate 9%
$1,220,922 $1.2M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$200.7K $26.76/SF
− Vacancy
−$54.2K −$7.23/SF
EGI
$146.5K $19.53/SF
− OpEx
−$36.6K −$4.88/SF
NOI
$109.9K $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%
$2,197,660
Cap Rate 7%
$1,569,757
Cap Rate 9%
$1,220,922

Alternative Uses

Best Use
Office B
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,883 @ 7.0% cap · market cap 523,252.38%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.79M
$2.44M – $3.26M (±1% cap)
NOI $195,506 @ 7.0% cap · market cap 930,980.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

David Lucca Realtor ... Real Estate Agency JONATHAN PEREIRA, BALSLEY/LOSCO Real Estate Agency ROBERTA CINCOTTI, BALSLEY/LOSCO Real Estate Agency Elisa Jo Eagan, ... Real Estate Agency BARBARA KYLE, BALSLEY/LOSCO Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Cafe & Coffee Shop Furniture & Home Goods Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,026
Businesses Nearby

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
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office units - Partitioned professional suites include shared meeting rooms, restrooms, and a coffee room for coordinated workplace use.
Where is this office units located?
The property is located at 1630 New Rd Northfield, NJ.
What are key features of this property?
This property features: 2,500 square feet up to 7,500 square feet of office space; Partitioned and furnished office configuration; Shared meeting areas with 50+ seating
More about this property
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