Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Professional Office Condo in Pennsville Title is generated by Realmo AI

    681 S BROADWAY SUITE 1, Pennsville, NJ 08070

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $150,000

    Office condo for sale in Pennsville, New Jersey.

    Type:Commercial/Industrial
    Property size:
    3,000 SF
    Price / SF:
    $50/SF
    Added:
    Mar 13, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 6 at 1:48 am

    Property Features for 681 S BROADWAY SUITE 1

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Corinne Giletto

    Listing agent Corinne Giletto

    Listing office Warner Real Estate & Auction Company

    Listing date Mar 13, 2026

    Source Exitrealty

    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 Warner Real Estate & Auction Company

    HighLights

    • Accessible location near major commuter routes (I‑295, NJ Turnpike, Route 130) and public transportation.
    • End‑unit condo with first‑floor access and ample parking.
    • Approximately 3,000 sq ft of space including waiting room/lobby, receptionist area, private offices, and examination rooms.
    • Layout schematic available.
    • Previously used as an optometrist office.
    • Located in Salem County, experiencing economic growth.

    Overview

    A professional office condo is available for sale in Pennsville, New Jersey. Situated on South Broadway, the office building offers accessibility to major commuter routes including I-295, the New Jersey Turnpike, and Route 130, as well as public transportation. This end-unit condo provides first-floor access and ample parking. The property, formerly an optometrist office, features approximately 3,000 square feet of space, including both a first floor and a loft area. The layout includes a large waiting room/lobby area, a receptionist area, private offices, and examination rooms. A schematic of the layout is available in the documents section. The property is located in Salem County, near Carneys Point, Salem City, and Pennsgrove, NJ.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Eye Care ... Physician Zarin & Associates, CPA's Accounting Firm

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pennsville
    County
    Salem
    State
    New Jersey
    Longitude
    -75.5038
    Latitude
    39.6158

    Nearby Similar for Sale

    • $359,900
      1,200 SF

      Commercial Office Buildings For Sale

      Two commercial buildings with multiple office suites and parking.
      2 & 6 CHESTNUT Street, PENNSVILLE, NJ 08070
      View Details
    • $235,000

      Pennsville Office Condo For Sale

      Professional office condo in Pennsville, NJ, accessible to major routes.
      681 S BROADWAY, PENNSVILLE, NJ 08070
      View Details
    • $295,000
      2,513 SF

      Versatile Duplex in Pennsville, NJ

      Duplex with rental income potential and multi-generational living arrangement.
      26-28 MAIN Street, PENNSVILLE, NJ 08070
      View Details
    • $289,900
      2,924 SF

      Pennsville Mixed-Use Investment Opportunity

      Mixed-use property with income potential in Pennsville, New Jersey.
      176 N BROADWAY, PENNSVILLE, NJ 08070
      View Details
    • $235,000
      3,000 SF

      Professional Office Condo For Sale

      Professional office condo in Pennsville, accessible to major commuter routes.
      681 S Broadway Ste 1, Pennsville, NJ, 08070-2637
      View Details
    • $799,000
      1,752 SF

      Agricultural Property in Salem County

      Agricultural property located in Salem County, New Jersey.
      430 E Pittsfield St, Pennsville, NJ 08070
      View Details
    • $299,000

      Auto Repair Shop For Sale

      Long-standing auto repair shop on a 0.75 acre lot.
      880 S BROADWAY, PENNSVILLE, NJ 08070
      View Details
    • Contact for pricing

      Retail Space at Walmart Center

      Retail and pad sites available at Walmart anchored shopping center.
      709 S Broadway, Pennsville, NJ 08070
      View Details
    • $849,000
      5,250 SF

      Well-Maintained Two-Unit Commercial Building

      Two-unit building on 1.08 acres with frontage on Broadway.
      216 N Broadway, Pennsville Township, NJ 08070
      View Details
    • Contact for pricing
      192,000 SF

      Industrial Facility on 27.54 Acres

      192,000 SF industrial facility near major transportation routes.
      88 Industrial Park Rd, Pennsville Township, NJ 08070
      View Details
    • $290,000
      3,025 SF

      Leased Office Building Investment

      Income-producing, tenant-occupied office building for sale in Pennsville Township.
      364 S Broadway, Pennsville Township, NJ 08070
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Office condo for sale in Pennsville, New Jersey.
    Where is this medical office space located?
    The property is located at 681 S BROADWAY SUITE 1 Pennsville, NJ.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Accessible location near major commuter routes (I‑295, NJ Turnpike, Route 130) and public transportation.; End‑unit condo with first‑floor access and ample parking.; Approximately 3,000 sq ft of space including waiting room/lobby, receptionist area, private offices, and examination rooms.
    (856) 769-4111
    We can help!
    Listing Contact
    Corinne Giletto
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    681 S BROADWAY SUITE 1, PENNSVILLE, NJ 08070
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!