Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Building with Two Suites Title is generated by Realmo AI

    1701 New Rd, Linwood, NJ 08221

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Single-story building with medical and open space, parking.

    Type:Office
    Property size:
    1,917 SF
    Price / SF:
    $200/SF
    Added:
    Mar 13, 2026
    Days on Market:
    70
    Last Refresh:
    Mar 19 at 11:16 pm

    Property Features for 1701 New Rd

    General Information

    Standard status
    Active
    Size
    1,917 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Samantha Zerafa Roessler
    Samantha Zerafa Roessler

    Listing agent Samantha Zerafa Roessler License #NJ 1643608

    Listing office Foresite Commercial Realty

    Listing date Mar 13, 2026

    Source Crexi

    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 Foresite Commercial Realty

    HighLights

    • Corner lot location at New Road and Hamilton Ave.
    • On‑site parking for 16 cars.
    • Building divided into two suites.
    • One suite is a 1,300+\/- sf medical suite with multiple rooms including office, exam rooms, consult office, waiting room, admin, and lab.
    • Second suite is currently wide open (former salon).

    Overview

    This single-story building is located at the corner of New Road and Hamilton Avenue. The property offers 1,917 square feet of space. The space is currently divided into two suites. One suite is a 1,300+/- square foot medical suite that includes one office, two exam rooms, one consult office, a waiting room, an admin area, and a lab. The second space is currently wide open and was formerly a salon. On-site parking is available for 16 cars. The property is suitable for medical office, general office, retail, and other commercial real estate uses.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $312.1K
    NOI $28,086 @ 9.00% cap · cautious / downside scenario
    Moderate
    $401.2K
    NOI $28,086 @ 7.00% cap · market / base-case scenario
    Aggressive
    $561.7K
    NOI $28,086 @ 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 $51.3k $26.76
    − Vacancy −$13.9k −$7.23
    EGI $37.4k $19.53
    − OpEx −$9.4k −$4.88
    NOI $28.1k $14.65
    1,917 SF · lease $26.76/SF/yr · vacancy 27.00% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $401.2K
    $351.1K – $468.1K (±1% cap)
    NOI $28,086 @ 7.0% cap · market cap 7.30%
    Second Best
    Healthcare Medical
    $388.2K
    $339.7K – $453.0K (±1% cap)
    NOI $27,177 @ 7.0% cap · market cap 7.06%
    Theoretical Best
    Warehouse
    $713.9K
    $624.6K – $832.9K (±1% cap)
    NOI $49,971 @ 7.0% cap · market cap 12.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Northfield Animal Hospital — 403 W Oakcrest Ave, Northfield, NJ 08225
    • Linwood Pet Hospital — 535 Maple Ave, Linwood, NJ 08221
    • Sukonik Edward DVM — 403 W Oakcrest Ave, Northfield, NJ 08225
    • Debra Schiely — 403 W Oakcrest Ave, Northfield, NJ 082251416

    Location Insight

    • Map
    • Local Demand
    City
    Linwood
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5835402
    Latitude
    39.3419872

    Nearby Similar for Sale

    • $1,495,000
      8,600 SF

      Linwood Professional Building For Sale

      Professional building on Route 9 with ample parking.
      700 New Road, Linwood, NJ 08221
      View Details
    • $899,000

      Mixed-Use Commercial Building For Sale

      6,500 SF Linwood building with warehouse and office space.
      501 W Patcong Ave, Linwood, NJ 08221
      View Details
    • $24

      First-Floor Office Suite in Linwood

      1,831 SF office suite with flexible layout and parking.
      327 CENTRAL AVENUE, LINWOOD, NJ 08221
      View Details
    • $899,000
      6,500 SF

      Commercial Building in Linwood, NJ

      6,500 SF mixed warehouse and office space for sale.
      501 W Patcong Ave, Linwood, NJ 08221
      View Details
    • $385,000

      Medical/Office Building with Parking

      Two-unit building suitable for medical or office use.
      1701 New Road, Linwood, NJ 08221-1023
      View Details
    • $24

      Linwood Office Suite For Sale

      1,831 SF office suite with strong visibility and access.
      327 Central Ave Ave, Linwood, NJ 08221
      View Details
    • $525,000

      Versatile Mixed-Use Property, Linwood NJ

      Mixed-use property with commercial and residential zoning in prime location.
      616 W Ocean Heights Ave, Linwood, NJ 08221
      View Details
    • $325,000

      Duplex in Linwood, NJ

      Solid duplex with renovation potential in a high-demand location.
      606 W Ocean Heights Ave, Linwood, NJ 08221
      View Details
    • $325,000
      2,131 SF

      Linwood Duplex Investment Opportunity

      Duplex in Linwood near shopping and schools. One unit renovated.
      606 West Ocean Heights Avenue, Linwood, NJ 08221
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Single-story building with medical and open space, parking.
    Where is this medical office space located?
    The property is located at 1701 New Rd Linwood, NJ.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: Corner lot location at New Road and Hamilton Ave.; On‑site parking for 16 cars.; Building divided into two suites.
    (609) 646-1919 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Samantha Zerafa Roessler
    Samantha Zerafa Roessler
    Real Estate License ID: NJ 1643608
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1701 New Rd, Linwood, NJ 08221
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!