Furnished Office
For Sale
$214,500
5429 Harding Hwy, Mays Landing, NJ 08330
Office furniture is included with this professional unit in Mays Landing.
Property Size1,200 SF
Price / SF$178.75
Days on Market42
Property Features for 5429 Harding Hwy
General Information
Standard status
Active
Size
1,200 SF
Additional Details
Furnished
Yes
Building Details
Year Built
2005
Listing Agency:
BHHS Fox & Roach-Northfield
Listed By:
Richard Baehrle · License #8436462
(609) 226-6680
Source:
Bernadetteaugello
Added: Sep 26
Changed: Oct 25
Last Checked: Oct 7 at 2:40PM
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 & Roach-Northfield
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot office condominium at 5429 Harding Hwy, Suite 303, includes office furniture. The building was constructed in 2005.
The property is in Mays Landing, New Jersey, with a Harding Highway address.
The property is in Mays Landing, New Jersey, with a Harding Highway address.
Key Highlights
- 1,200 SF office condominium
- Office furniture included
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,581
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,620
$351.6K
Cap Rate 7%
$251,157
$251.2K
Cap Rate 9%
$195,344
$195.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$32.1K $26.76/SF
− Vacancy
−$8.7K −$7.23/SF
EGI
$23.4K $19.53/SF
− OpEx
−$5.9K −$4.88/SF
NOI
$17.6K $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%
$351,620
Cap Rate 7%
$251,157
Cap Rate 9%
$195,344
Alternative Uses
Best Use
Office B
$251.2K
$219.8K – $293.0K
NOI $17,581 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$446.9K
$391.0K – $521.4K
NOI $31,281 @ 7.0% cap · market cap 14.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
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Business Placement
Demographics for 08330, NJ
29,548
Population
12,800
Households
2.3
Avg Household Size
41
Median Age
31%
College-Educated
94%
High-School Grad
127.4 sq mi
ZIP Area
232
Density / Sq Mi
$82,981
Median Household Income
$40,880
Median Earnings
$1,576
Median Rent
$230,700
Median Home Value
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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 - Office furniture is included with this professional unit in Mays Landing.
Where is this office unit located?
The property is located at 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: 1,200 SF office condominium; Office furniture included; Built in 2005
