Medical Office Condo For
2103 Klockner Rd Hamilton, NJ 08690
2103 Klockner Rd, Hamilton, NJ, 08690
$1,000,000
For Sale
$1,000,000
Medical office condo with waiting and exam rooms available for sale.
Property Size4,428 SF
Price / SF$225.84
Days on Market212
Property Features for 2103 Klockner Rd
General Information
- Standard status
- Active
- Size
- 4,428 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing agency
JOSEPH R RIDOLFI & ASSOCIATES LLC
(609) 581-4848
Listed by
JOSEPH R RIDOLFI · License #7819144
Source
Corcoran
Added: Dec 21, 2025 Updated: Jul 6 at 9:54AM Checked: Jul 21 at 6:42AM
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 JOSEPH R RIDOLFI & ASSOCIATES LLC
Investment Insights
Based on property information with market context.
This medical office condo is available for sale as one of three contiguous units. The condo includes waiting areas, check-in windows, reception desks, exam rooms, and ADA bathrooms. Storage areas are also present. The property is part of a package with two other condos also available for sale. The total area of the three units available for lease is 4428 square feet.
Key Highlights
- Medical office condo with existing build‑out including waiting areas, check‑in windows, reception desks, exam rooms, and ADA bathrooms
- Opportunity to purchase individually or as a package with two other contiguous units (2105 & 2107)
- Available for lease as a package with two other units (total 4428 SF)
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.7k | $29.52 |
| − Vacancy | −$28.2k | −$6.38 |
| EGI | $102.5k | $23.14 |
| − OpEx | −$41.0k | −$9.26 |
| NOI | $61.5k | $13.89 |
4,428 SF · lease $29.52/SF/yr · vacancy 21.60% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$878.4K
$768.6K – $1.02M
NOI $61,488 @ 7.0% cap · market cap 6.15%
Second Best
Office B
$567.5K
$496.6K – $662.1K
NOI $39,724 @ 7.0% cap · market cap 3.97%
Theoretical Best
Warehouse
$1.42M
$1.25M – $1.66M
NOI $99,726 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alison N. Kinlaw, ...
Physician
Patel Medical Group
Medical Clinic
Daksh Patel
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Medical office condo with waiting and exam rooms available for sale.
Where is this medical office space located?
The property is located at 2103 Klockner Rd Hamilton, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Medical office condo with existing build‑out including waiting areas, check‑in windows, reception desks, exam rooms, and ADA bathrooms; Opportunity to purchase individually or as a package with two other contiguous units (2105 & 2107); Available for lease as a package with two other units (total 4428 SF)
