Freestanding Retail
For Sale
$1,499,000
221 Tilton Rd, Northfield, NJ 08225
R-C-zoned commercial space with a flexible layout, public parking, and access to major regional roadways.
Property Size8,800 SF
Price / SF$170.34
Days on Market110
Property Features for 221 Tilton Rd
General Information
Standard status
Active
Size
8,800 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1994
Buildings
1
Listing Agency:
BHHS Fox & Roach-Northfield
Listed By:
Richard Baehrle · License #8436462
(609) 226-6680
Source:
Selltheshore
Added: Jul 11
Changed: Oct 25
Last Checked: Oct 7 at 4:04PM
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 BHHS Fox & Roach-Northfield
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Investment Insights
Based on property information with market context.
This freestanding retail property contains 8,800 square feet and was constructed in 1994. The building currently accommodates a thrift store and previously operated as a Verizon Wireless location, providing a documented retail-use history. Natural gas service is present, and the property includes a parking lot with 37 spaces. The layout can support continued retail occupancy or other commercial applications permitted by the R-C zoning designation.
Positioned at 221 Tilton Road in Northfield, the property is near Tilton Theatre and offers connections to Atlantic City, the Garden State Parkway, and the Atlantic City Expressway. The parcel measures 0.69 acres with 100.00 x 300.00 dimensions, creating a defined commercial site with on-site parking and an established roadside location.
Positioned at 221 Tilton Road in Northfield, the property is near Tilton Theatre and offers connections to Atlantic City, the Garden State Parkway, and the Atlantic City Expressway. The parcel measures 0.69 acres with 100.00 x 300.00 dimensions, creating a defined commercial site with on-site parking and an established roadside location.
Key Highlights
- 8,800 SF freestanding retail building
- R‑C zoning designation
- 37‑space parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,546
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,690,920
$1.7M
Cap Rate 7%
$1,207,800
$1.2M
Cap Rate 9%
$939,400
$939.4K
Market Conditions
NOI Build-Up for 8,800 SF
Gross rent
$132.0K $15.00/SF
− Vacancy
−$11.2K −$1.28/SF
EGI
$120.8K $13.73/SF
− OpEx
−$36.2K −$4.12/SF
NOI
$84.5K $9.61/SF
Area
Atlantic County, NJ
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,690,920
Cap Rate 7%
$1,207,800
Cap Rate 9%
$939,400
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,546 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.28M
$2.87M – $3.82M
NOI $229,394 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
818
Businesses Nearby
Explore this area
Business Placement
Demographics for 08225, NJ
8,442
Population
3,447
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
6.1 sq mi
ZIP Area
1,384
Density / Sq Mi
$104,042
Median Household Income
$50,938
Median Earnings
$1,554
Median Rent
$275,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - R-C-zoned commercial space with a flexible layout, public parking, and access to major regional roadways.
Where is this retail space located?
The property is located at 221 Tilton Rd Northfield, NJ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 8,800 SF freestanding retail building; R‑C zoning designation; 37‑space parking lot
