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Haddon Heights Office Investment Opportunity
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515 Grove Street, Haddon Heights, NJ 08035

Class B office building near major transportation routes.

Property Size43,866 SF
Days on Market205

Property Features for 515 Grove Street

General Information

Standard status Active
Size 43,866 SF
Class B
Property subtype Office
Occupancy 80%
Net Operating Income $359,788

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Wolf Commercial Real Estate New Jersey
Listed By: Jason Wolf · License #NJ 9696397
Source: Crexi
Added: Jan 30 Changed: Aug 22 Last Checked: Aug 22 at 7:18PM

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 Wolf Commercial Real Estate New Jersey

Investment Insights

Based on property information with market context.

Grove Office Plaza presents an investment opportunity encompassing 515 Grove Street and 504 White Horse Pike in Haddon Heights, New Jersey. The property at 515 Grove Street is a Class “B” mid-rise office building spanning 41,289 square feet. Anchored by Pennoni, who signed a 7-year renewal in October 2025, the building is leased to ten tenants, offering a diversified income stream. The property is strategically positioned near residential communities in Haddonfield, Cherry Hill, and Collingswood. Its location on White Horse Pike, minutes from Interstate 295 and the New Jersey Turnpike, provides accessibility to surrounding communities, businesses, and retailers. Grove Office Plaza is near national retailers such as ShopRite, Home Depot, and PetSmart, and offers access to boutique shops and restaurants on Haddonfield’s main street, including Kings Road Brewery, Gouldsburger, Tre Famiglia, and The Little Hen. The property is situated near healthcare providers like Cooper Health and Advocare. With proximity to the Haddonfield PATCO station and multiple NJ Transit bus routes, 515 Grove Street is suitable for businesses seeking a well-connected community setting. The property size is 43,866 square feet.

Key Highlights

  • Anchored by Pennoni with a 7‑year renewal signed in October 2025, providing stable income.
  • Strategically located near Haddonfield, Cherry Hill, and Collingswood residential communities.
  • Excellent accessibility via White Horse Pike, I‑295, and NJ Turnpike.

Property Analytics

Current Use

VisionLine Media Marketing & Advertising Nationwide Insurance: Associated ... Insurance Agency Scirocco Group Insurance Agency Pennoni Engineering Consultant Johnson Service Group Employment Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Auto Repair Shop Auto Parts Store

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

975
Businesses Nearby

Demographics for 08035, NJ

7,556
Population
3,326
Households
2.3
Avg Household Size
43
Median Age
55%
College-Educated
96%
High-School Grad
1.6 sq mi
ZIP Area
4,723
Density / Sq Mi
$124,592
Median Household Income
$68,750
Median Earnings
$1,179
Median Rent
$353,700
Median Home Value

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 building - Class B office building near major transportation routes.
Where is this office building located?
The property is located at 515 Grove Street Haddon Heights, NJ.
What are key features of this property?
This property features: Anchored by Pennoni with a 7‑year renewal signed in October 2025, providing stable income.; Strategically located near Haddonfield, Cherry Hill, and Collingswood residential communities.; Excellent accessibility via White Horse Pike, I‑295, and NJ Turnpike.
(856) 857-6300 Call to check price and availability
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