Storefront with Open
New
For Sale
$318,200
501 S BROADWAY TURNPIKE, Gloucester City, NJ 08030
Commercial storefront featuring recessed lighting, an eat-in kitchen, and stacked laundry equipment.
Property Size1,200 SF
Price / SF$265.17
Days on Market3
Property Features for 501 S BROADWAY TURNPIKE
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Residential Income
Zoning
4A COMMERCIAL
Taxes and HOA fees
Annual Taxes
$4,546
Amenities
Sidewalks
Ceiling Fan(s), Electric
Electric, Natural Gas, Baseboard
Electric Range, Electric Oven, Gas Water Heater, Dishwasher, Refrigerator, Washer/Dryer Stacked, Microwave
Eat-in Kitchen, Recessed Lighting, Open Floorplan
On Street
Other
Building Details
Building Size
1,200 SF
Year Built
1922
Listing Agency:
Berkshire Hathaway HomeServices Fox & Roach, Realtors
(609) 923-7930
Listed By:
Maria E Jobes-Hogan · License #1435864
(609) 923-7930
Source:
Evrealestate
Added: Aug 3
Changed: Aug 5
Last Checked: Aug 5 at 5:21AM
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 Berkshire Hathaway HomeServices Fox & Roach, Realtors
Investment Insights
Based on property information with market context.
This storefront property at 501 S Broadway Turnpike offers an open interior arrangement with recessed lighting and an eat-in kitchen. The space includes an electric range, electric oven, dishwasher, refrigerator, microwave, and stacked washer and dryer. Heating and utility features include electric baseboard service, ceiling fans, and a gas water heater.
The property is zoned 4A COMMERCIAL and was built in 1922. On-street parking is available, and the recorded directions connect the site from Koehler St to Broadway. The Gloucester City address places the property on S Broadway Turnpike in Camden County.
The property is zoned 4A COMMERCIAL and was built in 1922. On-street parking is available, and the recorded directions connect the site from Koehler St to Broadway. The Gloucester City address places the property on S Broadway Turnpike in Camden County.
Key Highlights
- 4A COMMERCIAL zoning
- Open floorplan with recessed lighting
- Eat‑in kitchen with appliance package
Financial Insights For 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 | $18.0k | $15.00 |
| − Vacancy | −$1.5k | −$1.25 |
| EGI | $16.5k | $13.76 |
| − OpEx | −$5.0k | −$4.13 |
| NOI | $11.6k | $9.63 |
1,200 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$165.1K
$144.4K – $192.6K
NOI $11,554 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.3K
$266.2K – $355.0K
NOI $21,299 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08030, NJ
13,261
Population
5,470
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
4,736
Density / Sq Mi
$66,190
Median Household Income
$38,853
Median Earnings
$1,498
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sunshine Flowers & Gifts — 2 N Broadway, Gloucester City, NJ 08030
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront featuring recessed lighting, an eat-in kitchen, and stacked laundry equipment.
Where is this storefront property located?
The property is located at 501 S BROADWAY TURNPIKE Gloucester City, NJ.
What is the asking price?
The asking price for this property is $318,200.
What are key features of this property?
This property features: 4A COMMERCIAL zoning; Open floorplan with recessed lighting; Eat‑in kitchen with appliance package
