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Freestanding Bank Building with Drive-Through
For Sale
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22 N BROAD STREET, Woodbury, NJ 08096

Two-story commercial property with C1 zoning, a basement, elevator, vault, and corner access from two streets.

Property Size4,044 SF
Lot Size0.57 Acres
Price / SF$0.00
Days on Market50

Property Features for 22 N BROAD STREET

General Information

Standard status Active
Size 4,044 SF
Lot size 0.57 Acres
Property subtype Commercial
Zoning C1 Commercial

Site & Location

Corner Location Yes
Drive-Thru Yes
Highway Access Yes
Road Access Yes

Amenities

elevator
walk-in vault
gated private parking

Building Details

Year Built 1971
Buildings 1
Stories 2
Construction brick
Tenancy Single
Listing Agency: Realtyline
Listed By: Dorit G Cohen · License #8533246
Source: Cummingsrealtors
Added: Sep 16 Changed: Nov 3 Last Checked: Nov 3 at 7:38AM

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 Realtyline

Rey
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Investment Insights

Based on property information with market context.

This freestanding bank building was constructed in 1971 and occupies a 0.566-acre lot. The two-story property includes a basement, elevator, walk-in vault, brick exterior, gated private parking, and three drive-thru lanes. Its C1 Commercial zoning supports a range of commercial applications, including retail, office, medical, food service, financial, event, and gym uses as identified in the property information.

The building fronts N. Broad Street (SR-45) and Newton Avenue at a hard corner, with two points of ingress and egress. It is approximately 5 minutes from I-295 and sits near CVS, McDonald's, ALDI, and Wawa. The property is across from Gloucester County Courts and Offices and Woodbury Junior and High School, with Inspira Woodbury Hospital approximately half a mile away. Philadelphia is approximately 20 minutes away, while Philadelphia International Airport is approximately 25 minutes away.

Key Highlights

  • 0.566‑acre lot containing 24,638 SF
  • Two‑story building constructed in 1971
  • C1 Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,777
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,540 $915.5K
Cap Rate 7%
$653,957 $654.0K
Cap Rate 9%
$508,633 $508.6K
Market Conditions
NOI Build-Up for 4,044 SF
Gross rent
$68.9K $17.04/SF
− Vacancy
−$3.5K −$0.87/SF
EGI
$65.4K $16.17/SF
− OpEx
−$19.6K −$4.85/SF
NOI
$45.8K $11.32/SF
Area
Gloucester County, NJ
Vacancy
5.10%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,540
Cap Rate 7%
$653,957
Cap Rate 9%
$508,633

Alternative Uses

Best Use
Specialty Retail
$740.1K
$647.6K – $863.5K (±1% cap)
NOI $51,810 @ 7.0% cap · market cap 287,833.33%
Second Best
Retail
$654.0K
$572.2K – $763.0K (±1% cap)
NOI $45,777 @ 7.0% cap · market cap 254,316.67%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,154 @ 7.0% cap · market cap 528,633.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Storage Facility Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
145k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 74% Dining 19% Shops & Services 7%
Walmart Superstores
107,305 visits/mo 0.4 miles
Dunkin' Donuts Dining
14,139 visits/mo 0.2 miles
Burger King Dining
7,339 visits/mo 0.1 miles
PNC Bank Shops & Services
5,392 visits/mo 0.2 miles
Bank of America Shops & Services
4,285 visits/mo 0.4 miles

Demographics for 08096, NJ

36,355
Population
15,013
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
13.9 sq mi
ZIP Area
2,615
Density / Sq Mi
$89,483
Median Household Income
$49,480
Median Earnings
$1,446
Median Rent
$248,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Bank - Two-story commercial property with C1 zoning, a basement, elevator, vault, and corner access from two streets.
Where is this bank located?
The property is located at 22 N BROAD STREET Woodbury, NJ.
What are key features of this property?
This property features: 0.566‑acre lot containing 24,638 SF; Two‑story building constructed in 1971; C1 Commercial zoning
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