Agricultural Land with Hoop
For Sale
$650,000
601 Quinton Marlboro Rd, Bridgeton, NJ 08302
Agricultural property includes multiple buildings, cold storage, loading infrastructure, office space, and customer parking.
Property Size1,680 SF
Price / SF$386.90
Days on Market41
Property Features for 601 Quinton Marlboro Rd
General Information
Standard status
Active
Size
1,680 SF
Building Details
Year Built
1989
Listing Agency:
EXP Realty, LLC
(215) 431-7653
Listed By:
Raymond W. Jones · License #201714
Source:
Selltheshore
Added: Jul 21
Changed: Aug 28
Last Checked: Aug 30 at 7:09PM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
Located at 601 Quinton Marlboro Rd in Bridgeton, the property spans almost 11 acres and includes agricultural structures, hoop houses, and several buildings. The corner retail building formerly operated as a produce market and includes cold storage, work areas, a separate office building, and customer parking. A rear structure provides two additional cold storage rooms, a loading area with a truck-height dock and rolling door, plus a separate rear entrance for equipment storage.
The property has frontage on rt 49. Several hoop houses are positioned across the site, with sprinklers serving some structures and a back sprinkler field. A trailer building has a tin roof and stone bottom and requires final touches. Existing equipment is included, and the property is offered strictly as-is. Quinton Township should be contacted regarding zoning and allowable uses, including possible residential housing.
The property has frontage on rt 49. Several hoop houses are positioned across the site, with sprinklers serving some structures and a back sprinkler field. A trailer building has a tin roof and stone bottom and requires final touches. Existing equipment is included, and the property is offered strictly as-is. Quinton Township should be contacted regarding zoning and allowable uses, including possible residential housing.
Key Highlights
- Almost 11 acres with agricultural structures and multiple hoop houses
- Corner retail building on rt 49 with produce‑market layout and customer parking
- Cold storage, work areas, and a separate office building in the front structure
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,279
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$405,580
$405.6K
Cap Rate 7%
$289,700
$289.7K
Cap Rate 9%
$225,322
$225.3K
Market Conditions
NOI Build-Up for 1,680 SF
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.
Gross rent
$30.2K $18.00/SF
− Vacancy
−$1.3K −$0.76/SF
EGI
$29.0K $17.24/SF
− OpEx
−$8.7K −$5.17/SF
NOI
$20.3K $12.07/SF
Area
Cumberland County, NJ
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$405,580
Cap Rate 7%
$289,700
Cap Rate 9%
$225,322
Alternative Uses
Best Use
Retail
$289.7K
$253.5K – $338.0K
NOI $20,279 @ 7.0% cap · market cap 3.12%
Second Best
Warehouse
$168.4K
$147.3K – $196.4K
NOI $11,785 @ 7.0% cap · market cap 1.81%
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,577 @ 7.0% cap · market cap 27.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 08302, NJ
47,826
Population
16,038
Households
3
Avg Household Size
36
Median Age
13%
College-Educated
77%
High-School Grad
142.6 sq mi
ZIP Area
335
Density / Sq Mi
$60,301
Median Household Income
$34,137
Median Earnings
$1,351
Median Rent
$202,000
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Agricultural property includes multiple buildings, cold storage, loading infrastructure, office space, and customer parking.
Where is this agricultural land / farmland located?
The property is located at 601 Quinton Marlboro Rd Bridgeton, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Almost 11 acres with agricultural structures and multiple hoop houses; Corner retail building on rt 49 with produce‑market layout and customer parking; Cold storage, work areas, and a separate office building in the front structure
