Professional Office
For Sale
$249,900
1840 FRONTAGE Road, Cherry Hill, NJ 08034
Commercial Sale, CHERRY HILL, NJ
Property Size1,426 SF
Price / SF$175.25
Days on Market72
Property Features for 1840 FRONTAGE Road
General Information
Property type
Other
Property subtype
Office
Subdivision
NONE AVAILABLE
Elementary school district
CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
Middle school district
CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
High school district
CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
3958
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1973
Building materials
Brick
Listing Agency:
Better Homes and Gardens Real Estate Realty Connect
(856) 316-0777
Listed By:
Jeanine Carrillo · License #2298332
(609) 781-6477
Added: Aug 6
Changed: Oct 9
Last Checked: Oct 16 at 7:06AM
MLS# NJCD2124230
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.
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Investment Insights
Based on property information with market context.
Suite 104 is a 1,426+/- SF office condominium within a brick building constructed in 1973. The interior includes a reception and waiting area, several private offices, a conference or flexible-use room, kitchenette and break area, plus a private restroom. Central heating and central air support year-round office operations.
The property is positioned along the Route 70 business corridor in Cherry Hill, with access to Route 70, I-295, Route 38, and the New Jersey Turnpike. Its configuration is suited to professional office operations, including legal, accounting, insurance, consulting, medical, and counseling practices.
The property is positioned along the Route 70 business corridor in Cherry Hill, with access to Route 70, I-295, Route 38, and the New Jersey Turnpike. Its configuration is suited to professional office operations, including legal, accounting, insurance, consulting, medical, and counseling practices.
Key Highlights
- 1,426+/- SF professional office condominium at 1840 FRONTAGE Road, Suite 104
- Reception and waiting area with multiple private offices
- Conference or flex room, kitchenette/break area, and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,818
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,360
$436.4K
Cap Rate 7%
$311,686
$311.7K
Cap Rate 9%
$242,422
$242.4K
Market Conditions
NOI Build-Up for 1,426 SF
Gross rent
$42.8K $30.00/SF
− Vacancy
−$13.7K −$9.60/SF
EGI
$29.1K $20.40/SF
− OpEx
−$7.3K −$5.10/SF
NOI
$21.8K $15.30/SF
Area
Bergen County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,360
Cap Rate 7%
$311,686
Cap Rate 9%
$242,422
Alternative Uses
Best Use
Office B
$311.7K
$272.7K – $363.6K
NOI $21,818 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$372.4K
$325.8K – $434.4K
NOI $26,065 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
Explore this area
Business Placement
Demographics for 08034, NJ
19,256
Population
8,108
Households
2.4
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
5.9 sq mi
ZIP Area
3,264
Density / Sq Mi
$111,244
Median Household Income
$56,792
Median Earnings
$1,707
Median Rent
$335,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Flexible office suite with reception, private offices, conference space, kitchenette, and a private restroom.
Where is this office units located?
The property is located at 1840 FRONTAGE Road Cherry Hill, NJ.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,426+/- SF professional office condominium at 1840 FRONTAGE Road, Suite 104; Reception and waiting area with multiple private offices; Conference or flex room, kitchenette/break area, and private restroom
