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Furnished Office Condominium
For Sale
$214,500

303-5429 Harding Hwy, Mays Landing, NJ 08233

Office furniture is included, allowing the space to be used with its furnishings in place.

Property Size1,200 SF
Price / SF$178.75
Days on Market13

Property Features for 303-5429 Harding Hwy

General Information

Standard status Active
Size 1,200 SF

Additional Details

Furnished Yes
Listing Agency: BHHS FOX and ROACH-Northfield
Listed By: RICHARD BAEHRLE · License #8436462
Source: Exprealty
Added: Sep 24 Changed: Sep 28 Last Checked: Oct 5 at 11:25PM

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 and ROACH-Northfield

Investment Insights

Based on property information with market context.

Suite 303 is an office condominium at 5429 Harding Highway in Mays Landing, offering approximately 1,200 SF of office space. Office furniture is included with the unit. The property is designated for non-medical uses.

The Harding Highway address places the office in Mays Landing, New Jersey.

Key Highlights

  • Approximately 1,200 SF of office space
  • Office furniture included
  • Non‑medical uses only

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,765
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,300 $215.3K
Cap Rate 7%
$153,786 $153.8K
Cap Rate 9%
$119,611 $119.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$16.1K $13.44/SF
− Vacancy
−$1.8K −$1.48/SF
EGI
$14.4K $11.96/SF
− OpEx
−$3.6K −$2.99/SF
NOI
$10.8K $8.97/SF
Area
Mercer County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,300
Cap Rate 7%
$153,786
Cap Rate 9%
$119,611

Alternative Uses

Best Use
Office B
$153.8K
$134.6K – $179.4K (±1% cap)
NOI $10,765 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$386.1K
$337.8K – $450.4K (±1% cap)
NOI $27,026 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Computer & Electronic Repair Carpet & Flooring Store Dental Office 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.

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office furniture is included, allowing the space to be used with its furnishings in place.
Where is this office units located?
The property is located at 303-5429 Harding Hwy Mays Landing, NJ.
What is the asking price?
The asking price for this property is $214,500.
What are key features of this property?
This property features: Approximately 1,200 SF of office space; Office furniture included; Non‑medical uses only
More about this property
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