Mixed-Use Industrial
237-285 N White Horse, Hammonton, NJ 08037
For Sale
$6,000,000
A multi-tenant property combines industrial, office, residential, billboard, and yard-storage uses.
Property Size28,184 SF
Lot Size31.70 Acres
Price / SF$212.89
Days on Market34
Property Features for 237-285 N White Horse
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Lease Term
Site & Location
Road Frontage
Highway Access
Road Access
Fenced Yard
Outdoor Storage
Utilities to Site
Additional Details
Land Use
Tenant in Place
Property Use
Amenities
billboard
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Keller Williams Realty - Washington Township
Listed By:
Matthew Alan Peeke · License #0677855
(609) 377-6823
Source:
Deepcreeklake
Added: Oct 6
Changed: Nov 7
Last Checked: Nov 7 at 7:05PM
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 Keller Williams Realty - Washington Township
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 31.7041-acre mixed-use property comprises seven commercial buildings with 28,184 square feet of rentable industrial and office space, plus a separate single-family home. The buildings include light-industrial and flex space, offices, and fenced yard area. Industrial features include drive-in overhead doors, a loading dock in one unit, and ceiling heights reaching 23 feet. Fourteen business leases are active, and the property is described as fully occupied.
The property fronts Route 30 (N. White Horse Pike) with 575 feet of frontage and spans four tax parcels in Hammonton, New Jersey. Highway Business (H-B) zoning is stated for the property; public water, public sewer, electricity, and natural gas are available.
The land includes an undeveloped 0.9841-acre commercial parcel and a 15-acre rear parcel currently used for agriculture. A separate home on more than 0.50 acres contains 1,586 square feet, three bedrooms, one and a half bathrooms, and a 754-square-foot basement.
The property fronts Route 30 (N. White Horse Pike) with 575 feet of frontage and spans four tax parcels in Hammonton, New Jersey. Highway Business (H-B) zoning is stated for the property; public water, public sewer, electricity, and natural gas are available.
The land includes an undeveloped 0.9841-acre commercial parcel and a 15-acre rear parcel currently used for agriculture. A separate home on more than 0.50 acres contains 1,586 square feet, three bedrooms, one and a half bathrooms, and a 754-square-foot basement.
Key Highlights
- 31.7041 acres across four tax parcels, with 575 feet of Route 30 frontage
- Seven commercial buildings with 28,184 square feet of rentable industrial and office area, plus a separate home
- Fourteen active business leases; property described as 100% occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$418,532
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,370,640
$8.4M
Cap Rate 7%
$5,979,029
$6.0M
Cap Rate 9%
$4,650,356
$4.7M
Market Conditions
NOI Build-Up for 28,184 SF
Gross rent
$761.0K $27.00/SF
− Vacancy
−$91.3K −$3.24/SF
EGI
$669.7K $23.76/SF
− OpEx
−$251.1K −$8.91/SF
NOI
$418.5K $14.85/SF
Area
Atlantic County, NJ
Vacancy
12.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,370,640
Cap Rate 7%
$5,979,029
Cap Rate 9%
$4,650,356
Alternative Uses
Best Use
Warehouse
$10.50M
$9.18M – $12.24M
NOI $734,687 @ 7.0% cap · market cap 12.24%
Second Best
Industrial
$8.64M
$7.56M – $10.08M
NOI $605,037 @ 7.0% cap · market cap 10.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 08037, NJ
23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Atlantic County, NJ
Properties on Market for Mixed-use properties in Atlantic County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A multi-tenant property combines industrial, office, residential, billboard, and yard-storage uses.
Where is this mixed-use property located?
The property is located at 237-285 N White Horse Hammonton, NJ.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 31.7041 acres across four tax parcels, with 575 feet of Route 30 frontage; Seven commercial buildings with 28,184 square feet of rentable industrial and office area, plus a separate home; Fourteen active business leases; property described as 100% occupied
