40 E Black Horse Pike, Hammonton, NJ 08037
COMMERCIAL - Folsom Borough, NJ
Property Features for 40 E Black Horse Pike
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Set on 3.62 acres with approximately 450 feet of frontage on 40 E Black Horse Pike in Folsom Borough, NJ, the property benefits from high-visibility exposure along the corridor. The site offers off-street parking for 78 vehicles, with fencing and a sign on site.
Additional property features include forced air heating with central air cooling, well water service, and a flat roof. A new roof was installed in 2026.
Key Highlights
- Plenary retail consumption liquor license included with the sale
- Approximately 450 feet of frontage on Black Horse Pike for high‑visibility exposure
- 3.62‑acre bar and commercial site with fenced exterior and on‑site sign
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $21.60 |
| − Vacancy | −$4.9k | −$0.97 |
| EGI | $103.1k | $20.63 |
| − OpEx | −$25.8k | −$5.16 |
| NOI | $77.4k | $15.47 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 08037, NJ
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- The Folsom Inn — 1030 Black Horse Pike, Hammonton, NJ 08037