Mixed-Use Industrial
237 North White Horse Pike, Hammonton, NJ 08037
For Sale
Contact for pricing
A fully occupied portfolio spans industrial, office, flex, retail, and residential uses across multiple parcels.
Property Size28,184 SF
Lot Size31.70 Acres
Price / SF$212.89
Days on Market31
Property Features for 237 North White Horse Pike
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Site & Location
Road Frontage
Highway Access
Road Access
Fenced Yard
Outdoor Storage
Utilities to Site
Warehouse & Industrial
Clear Height
Heavy Power
Additional Details
Land Use
Tenant in Place
Property Use
Amenities
drive-in overhead doors
loading dock
heavy electrical power
fenced yard
billboard
Building Details
Tenancy
Listing Agency:
Keller Williams Realty - Washington Township
Listed By:
Matthew Peeke · License NJ #0677855
(609) 377-6823
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 10 at 5:41AM
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
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Investment Insights
Based on property information with market context.
This 31.7041-acre mixed-use property includes six industrial and office buildings totaling 28,184 square feet, a 1,586-square-foot two-story residence, and undeveloped commercial and rear acreage. The industrial facilities offer clear heights up to 23 feet, multiple drive-in doors, and a depressed concrete loading dock. A separate 9,900-square-foot fenced yard serves the site. The portfolio has 14 active leases, including a State of New Jersey Motor Pool tenancy, and includes office, flex/retail, residential, yard storage, and billboard operations.
The property fronts State Highway 30, also known as N. White Horse Pike, with 575 linear feet of frontage. Public water, public sewer, electricity, and natural gas serve the property. The listed zoning is Highway Business (H-B), under the Town of Hammonton.
The land includes a 0.9841-acre undeveloped commercial pad and a 15.00-acre rear parcel currently used for farming. The rear acreage has underlying H-B zoning; future commercial or industrial use is subject to municipal approvals.
The property fronts State Highway 30, also known as N. White Horse Pike, with 575 linear feet of frontage. Public water, public sewer, electricity, and natural gas serve the property. The listed zoning is Highway Business (H-B), under the Town of Hammonton.
The land includes a 0.9841-acre undeveloped commercial pad and a 15.00-acre rear parcel currently used for farming. The rear acreage has underlying H-B zoning; future commercial or industrial use is subject to municipal approvals.
Key Highlights
- 31.7041 gross acres across four parcels
- Six industrial and office buildings totaling 28,184 SF
- 575 linear feet of frontage on State Highway 30 / N. White Horse Pike
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.
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Property Analytics
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Current Use
Lease Details
23 ft
Clear height
100%
Occupancy
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
339
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
$307,700
Median Home Value
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Market
Average Price Trend$/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 fully occupied portfolio spans industrial, office, flex, retail, and residential uses across multiple parcels.
Where is this mixed-use property located?
The property is located at 237 North White Horse Pike 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 gross acres across four parcels; Six industrial and office buildings totaling 28,184 SF; 575 linear feet of frontage on State Highway 30 / N. White Horse Pike
