Four-Office Professional
650 S WHITE HORSE PIKE #C, Hammonton, NJ 08037
For Sale
New
Contact for pricing
Reception and conference areas complement the private offices, with two restrooms serving the suite.
Property Size1,600 SF
Price / SF$1.80
Days on Market5
Property Features for 650 S WHITE HORSE PIKE #C
General Information
Standard status
Size
Property subtype
Additional Details
Utilities to Site
Property Use
Amenities
reception area
conference room
laminate plank flooring
central air conditioning
natural gas forced-air heating
grounds maintenance
snow removal
Building Details
Year Built
Year Renovated
Listing Agency:
Sail Lake Realty
Listed By:
Michelle McMaster · License #1542221
(609) 957-6090
Source:
Cummingsrealtors
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 6 at 9:46AM
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 Sail Lake Realty
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Investment Insights
Based on property information with market context.
This professional office suite contains approximately 1,600 square feet, arranged with a reception area, conference room, four offices, and two restrooms. Laminate plank flooring, central air conditioning, and natural gas forced-air heat serve the interior. The suite was renovated in 2024; exterior property renovations were completed in 2015.
The property sits along White Horse Pike in Hammonton, with a lakefront setting and on-site parking. Grounds maintenance and snow removal are included.
The property sits along White Horse Pike in Hammonton, with a lakefront setting and on-site parking. Grounds maintenance and snow removal are included.
Key Highlights
- Approximately 1,600 square feet of office space
- Layout includes a reception area, conference room, 4 offices, and 2 restrooms
- Suite interior renovated in 2024; exterior property renovations completed in 2015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,442
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,840
$468.8K
Cap Rate 7%
$334,886
$334.9K
Cap Rate 9%
$260,467
$260.5K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$42.8K $26.76/SF
− Vacancy
−$11.6K −$7.23/SF
EGI
$31.3K $19.53/SF
− OpEx
−$7.8K −$4.88/SF
NOI
$23.4K $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%
$468,840
Cap Rate 7%
$334,886
Cap Rate 9%
$260,467
Alternative Uses
Best Use
Office B
$334.9K
$293.0K – $390.7K
NOI $23,442 @ 7.0% cap · market cap 815.37%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$595.8K
$521.4K – $695.1K
NOI $41,708 @ 7.0% cap · market cap 1,450.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Explore this area
Business Placement
Demographics for 08037, NJ
23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
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 - Reception and conference areas complement the private offices, with two restrooms serving the suite.
Where is this office unit located?
The property is located at 650 S WHITE HORSE PIKE #C Hammonton, NJ.
What are key features of this property?
This property features: Approximately 1,600 square feet of office space; Layout includes a reception area, conference room, 4 offices, and 2 restrooms; Suite interior renovated in 2024; exterior property renovations completed in 2015
