Flex Space with
For Sale
$349,900
1834 STATE HIGHWAY, Mullica Hill, NJ 08062
Residential, MULLICA HILL, NJ
Property Size1,504 SF
Lot Size1.34 Acres
Price / SF$232.65
Days on Market97
Property Features for 1834 STATE HIGHWAY
General Information
Property type
Land
Property subtype
Other
Parking
2
Parking features
Garage - Detached
Subdivision
NONE AVAILABLE
Elementary school district
KINGSWAY REGIONAL HIGH
Middle school district
KINGSWAY REGIONAL HIGH
High school district
KINGSWAY REGIONAL HIGH
Standard status
Active
Size
1,504 SF
Lot size
1.34 Acres
Taxes and HOA fees
Tax Annual Amount
2624
Utilities
Heating system
Electric (Heating), Baseboard
Cooling system
Ductless
Amenities
garage/workshop
secondary outbuilding
luxury vinyl plank flooring
recessed lighting
vaulted ceilings
mini-split HVAC
electric fireplace
kitchenette
full bathroom
exposed wood-beam ceilings
Building Details
Year built
1922
Floors in Building
1
Building materials
Frame
Architectural style
Craftsman
Listing Agency:
Century 21 Rauh & Johns · Century 21 Real Estate
(856) 582-0366
Listed By:
Frances Manzoni · License #NJ-0344511
(609) 221-5737
Added: Jul 2
Changed: Sep 16
Last Checked: Oct 6 at 1:06PM
MLS# NJGL2074198
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.
Investment Insights
Based on property information with market context.
This 1,504-square-foot flex property on 1.34 acres includes a garage/workshop, finished office suite, and separate secondary outbuilding. The main building features a wide overhead door, concrete floors, exposed wood-beam ceilings, built-in shelving, and detached garage parking. The office area has luxury vinyl plank flooring, recessed lighting, vaulted ceilings, ductless mini-split HVAC, an electric fireplace, kitchenette, utility sink, and full bathroom. Frame construction, Craftsman styling, electric baseboard heat, and a 1922 build date complete the physical profile.
The property is accessed by a long flag driveway from Route 45 and includes a gravel loop drive, open parking, and room for equipment maneuvering. The setting includes open farmland and mature trees, with access to the NJ Turnpike, I-295, and Route 55. Current AR Agricultural-Residential zoning applies; intended uses should be confirmed with South Harrison Township.
The property is accessed by a long flag driveway from Route 45 and includes a gravel loop drive, open parking, and room for equipment maneuvering. The setting includes open farmland and mature trees, with access to the NJ Turnpike, I-295, and Route 55. Current AR Agricultural-Residential zoning applies; intended uses should be confirmed with South Harrison Township.
Key Highlights
- 1.34 acres of AR‑zoned Agricultural‑Residential land
- 1,504‑square‑foot flex property with garage/workshop and finished office suite
- Wide overhead garage door, concrete floors, exposed wood‑beam ceilings, and built‑in shelving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,718
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,360
$474.4K
Cap Rate 7%
$338,829
$338.8K
Cap Rate 9%
$263,533
$263.5K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$38.8K $25.80/SF
− Vacancy
−$7.2K −$4.77/SF
EGI
$31.6K $21.03/SF
− OpEx
−$7.9K −$5.26/SF
NOI
$23.7K $15.77/SF
Area
Gloucester County, NJ
Vacancy
18.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,360
Cap Rate 7%
$338,829
Cap Rate 9%
$263,533
Alternative Uses
Best Use
Office B
$338.8K
$296.5K – $395.3K
NOI $23,718 @ 7.0% cap · market cap 6.78%
Second Best
Industrial
$234.3K
$205.0K – $273.4K
NOI $16,403 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$505.6K
$442.4K – $589.8K
NOI $35,389 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 08062, NJ
17,446
Population
5,796
Households
3
Avg Household Size
40
Median Age
54%
College-Educated
95%
High-School Grad
32.2 sq mi
ZIP Area
542
Density / Sq Mi
$159,386
Median Household Income
$74,254
Median Earnings
$1,097
Median Rent
$468,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - AR-zoned property combines a finished office suite, workshop, storage outbuilding, and equipment-friendly grounds.
Where is this flex space located?
The property is located at 1834 STATE HIGHWAY Mullica Hill, NJ.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1.34 acres of AR‑zoned Agricultural‑Residential land; 1,504‑square‑foot flex property with garage/workshop and finished office suite; Wide overhead garage door, concrete floors, exposed wood‑beam ceilings, and built‑in shelving
