Office Building With Detached
For Sale
$679,000
1940 N Rt 9, Swainton, NJ 08210
COMMERCIAL/INDUSTRIAL, Swainton, NJ
Property Size2,066 SF
Lot Size0.52 Acres
Price / SF$328.65
Days on Market237
Property Features for 1940 N Rt 9
General Information
Property type
Residential
Property subtype
Office
Zoning
Rt 83
Rooms
Office
Parking features
Off Street
Interior features
Restroom, Smoke/Fire Alarm, Storage
Lot features
Highway
Subdivision
Swainton
Standard status
Active
Size
2,066 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4478
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Number of units
1
Additional Structures
Storage
Listing Agency:
COASTAL ELITE REALTY · Weichert
(609) 523-1112
Listed By:
Francis Jannotta · License #0338121
(609) 374-1002
Added: Feb 11
Changed: Sep 13
Last Checked: Oct 6 at 9:06PM
MLS# 260324
Copyright © 2026 Cape May County Association of Realtors. 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 2,066-square-foot office building includes office space, a restroom, storage, and smoke/fire alarm features. A detached garage adds utility to the property, while forced-air heating, natural gas service, and central air support year-round operations. The site is served by a well and includes off-street parking.
The 0.52-acre property is zoned Rt 83 and located at 1940 N Rt 9 in Swainton, New Jersey. The property has been occupied by Design Collaborative since 2012 under a month-to-month lease. The tenant may consider remaining in place following a sale, subject to the new owner's interest.
The 0.52-acre property is zoned Rt 83 and located at 1940 N Rt 9 in Swainton, New Jersey. The property has been occupied by Design Collaborative since 2012 under a month-to-month lease. The tenant may consider remaining in place following a sale, subject to the new owner's interest.
Key Highlights
- 2,066‑square‑foot office building with a detached garage
- 0.52‑acre site zoned Rt 83
- Occupied by Design Collaborative since 2012
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,793
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,860
$675.9K
Cap Rate 7%
$482,757
$482.8K
Cap Rate 9%
$375,478
$375.5K
Market Conditions
NOI Build-Up for 2,066 SF
Gross rent
$57.8K $27.96/SF
− Vacancy
−$12.7K −$6.15/SF
EGI
$45.1K $21.81/SF
− OpEx
−$11.3K −$5.45/SF
NOI
$33.8K $16.36/SF
Area
Cape May County, NJ
Vacancy
22.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,860
Cap Rate 7%
$482,757
Cap Rate 9%
$375,478
Alternative Uses
Best Use
Office B
$482.8K
$422.4K – $563.2K
NOI $33,793 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$632.4K
$553.4K – $737.8K
NOI $44,269 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 08210, NJ
17,635
Population
8,374
Households
2.1
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
68.5 sq mi
ZIP Area
257
Density / Sq Mi
$93,855
Median Household Income
$48,086
Median Earnings
$1,538
Median Rent
$337,700
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?
Office building - Professional office property with a detached garage, on-site storage, central air, and off-street parking.
Where is this office building located?
The property is located at 1940 N Rt 9 Swainton, NJ.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 2,066‑square‑foot office building with a detached garage; 0.52‑acre site zoned Rt 83; Occupied by Design Collaborative since 2012
