Front-Facing Office
32 Black Horse Pike, Pleasantville, NJ 08232
For Sale
Contact for pricing
The suite has its own entrance, separate gas meter, central air, and forced-air heat.
Property Size800 SF
Price / SF$1.88
Days on Market194
Property Features for 32 Black Horse Pike
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Furnished
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Stories
Tenancy
Owner Occupied
Listing Agency:
BHHS FOX and ROACH-Northfield
Listed By:
RAJAN (RAJ) KHULLAR · License #0673568
(609) 816-7644
Source:
Hartmanhometeam
Added: Apr 29
Changed: Nov 7
Last Checked: Nov 7 at 9:16PM
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
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.
Suite #3 is an approximately 800 sq ft office unit at 32 Black Horse Pike in Pleasantville. It occupies the front of a two-story commercial building with three units. Each unit has a private entrance, separate gas meter, central air, and forced-air heat. Hardwood floors run throughout the building, and office furniture—including desks, chairs, and filing cabinets—is included with the available suite.
The property is situated on Route 40, also known as Black Horse Pike, near an intersection and Dunkin'. A concrete parking area accommodates approximately 8 vehicles. The property is zoned UEZC. Two rear units totaling approximately 2,000 sq ft are owner-occupied and may be made available.
The property is situated on Route 40, also known as Black Horse Pike, near an intersection and Dunkin'. A concrete parking area accommodates approximately 8 vehicles. The property is zoned UEZC. Two rear units totaling approximately 2,000 sq ft are owner-occupied and may be made available.
Key Highlights
- Available front unit measures approximately 800 sq ft
- Three‑unit building with separate entrances and gas meters
- Central air and forced‑air heat in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,721
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,420
$234.4K
Cap Rate 7%
$167,443
$167.4K
Cap Rate 9%
$130,233
$130.2K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$21.4K $26.76/SF
− Vacancy
−$5.8K −$7.23/SF
EGI
$15.6K $19.53/SF
− OpEx
−$3.9K −$4.88/SF
NOI
$11.7K $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%
$234,420
Cap Rate 7%
$167,443
Cap Rate 9%
$130,233
Alternative Uses
Best Use
Office B
$167.4K
$146.5K – $195.4K
NOI $11,721 @ 7.0% cap · market cap 781.40%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$297.9K
$260.7K – $347.6K
NOI $20,854 @ 7.0% cap · market cap 1,390.27%
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
Open Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 08232, NJ
19,897
Population
7,136
Households
2.8
Avg Household Size
37
Median Age
11%
College-Educated
73%
High-School Grad
5.9 sq mi
ZIP Area
3,372
Density / Sq Mi
$52,476
Median Household Income
$30,661
Median Earnings
$1,210
Median Rent
$179,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Office Units in Atlantic County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The suite has its own entrance, separate gas meter, central air, and forced-air heat.
Where is this office unit located?
The property is located at 32 Black Horse Pike Pleasantville, NJ.
What are key features of this property?
This property features: Available front unit measures approximately 800 sq ft; Three‑unit building with separate entrances and gas meters; Central air and forced‑air heat in each unit
