Two-Story Office
For Sale
$595,000
2330 NEW ROAD, Northfield, NJ 08225
COMMERCIAL/INDUSTRIAL, Northfield, NJ
Property Size3,600 SF
Price / SF$165.28
Days on Market47
Property Features for 2330 NEW ROAD
General Information
Property type
Residential
Property subtype
Office
Rooms
Basement
Exterior features
Sign
Directions
NEW ROAD (ROUTE 9) SOUTH PAST CEDAR BRIDGE ROAD TO 2330 NEW ROAD ON LEFT.
Subdivision
Northfield City
Standard status
Active
Additional Details
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
450000
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Zoned
Cooling system
Central Air, Zoned
Water source
Public
Building Details
Buildings
1
Listing Agency:
NORTHSTONE REALTY
(609) 827-7804
Listed By:
MICHAEL SHAMBERG · License #NJ 0229998
(609) 432-6650
Added: Sep 21
Changed: Oct 31
Last Checked: Nov 6 at 7:06AM
MLS# 612107
Copyright © 2026 South Jersey Shore Regional 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.
This two-story office building contains 3,600 square feet of office space, with an additional 1,800-square-foot basement. Each 1,800-square-foot floor includes a reception area, conference room, and four offices. Zoned forced-air heating, central air conditioning, a sign, public water, and public sewer support the property’s commercial configuration.
The first level is leased to a bank, while the second level is leased to a casino company. The property is located at 2330 New Road in Northfield, New Jersey, within Atlantic County and ZIP Code 08225.
The first level is leased to a bank, while the second level is leased to a casino company. The property is located at 2330 New Road in Northfield, New Jersey, within Atlantic County and ZIP Code 08225.
Key Highlights
- 3,600 SF office building with an additional 1,800 SF basement
- Each 1,800 SF floor includes reception, conference room, and 4 offices
- First level leased to a bank
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,744
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,054,880
$1.1M
Cap Rate 7%
$753,486
$753.5K
Cap Rate 9%
$586,044
$586.0K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$96.3K $26.76/SF
− Vacancy
−$26.0K −$7.23/SF
EGI
$70.3K $19.53/SF
− OpEx
−$17.6K −$4.88/SF
NOI
$52.7K $14.65/SF
Area
Atlantic County, NJ
Vacancy
27.00%
Lease Rate
$26.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,054,880
Cap Rate 7%
$753,486
Cap Rate 9%
$586,044
Alternative Uses
Best Use
Specialty Retail
$795.7K
$696.2K – $928.3K
NOI $55,696 @ 7.0% cap · market cap 9.36%
Second Best
Office B
$753.5K
$659.3K – $879.1K
NOI $52,744 @ 7.0% cap · market cap 8.86%
Theoretical Best
Warehouse
$1.34M
$1.17M – $1.56M
NOI $93,843 @ 7.0% cap · market cap 15.77%
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
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
919
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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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Leased office property with organized floor plans, tenant occupancy, and a finished basement.
Where is this office building located?
The property is located at 2330 NEW ROAD Northfield, NJ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 3,600 SF office building with an additional 1,800 SF basement; Each 1,800 SF floor includes reception, conference room, and 4 offices; First level leased to a bank
