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    2330 New Rd Northfield, NJ 08225

    For Sale
    $595,000

    Prime Office Space, High-Demand Location

    Property size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3,600 square foot executive office building in Northfield, New Jersey, presents a lucrative investment opportunity. Located at 2330 New Road, 08225, this property boasts a desirable location in Atlantic County. The building is currently divided into two 1800+ square foot floors, each featuring a reception area, a dedicated conference room, and four private offices. This well-designed layout provides ample space for various business needs. The building's strategic location ensures high visibility and accessibility. Adding to its value, the property includes a substantial 1800+ square foot basement, offering significant additional storage or expansion potential. Currently, the first floor is leased to a bank, and the second floor is occupied by a casino company, demonstrating strong tenant occupancy and consistent rental income. The asking price is $595,000, translating to $165.28 per square foot. This represents a compelling investment opportunity in a thriving New Jersey market. The property's strong tenant base and prime location make it an attractive prospect for discerning investors seeking a stable and profitable addition to their portfolio. This is a rare chance to acquire a well-established, high-performing commercial property in a sought-after area.

    Property Features for 2330 New Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,600 SF

    HighLights

    • Exceptional 3,600 SF executive office building in Northfield, NJ.
    • Located at 2330 New Road, 08225, Atlantic County.
    • Two 1800+ SF floors, each with reception, conference room, and four private offices.
    • 1800+ SF basement for storage or expansion.
    • Currently 100% leased to a bank and a casino company.
    • Asking price: $595,000 ($165.28/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Meridian Bank Mortgage Mortgage Lender

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5638808
    Latitude
    39.3636725

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, High-Demand Location
    Where is this office property / space located?
    The property is located at 2330 New Rd Northfield, NJ.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Exceptional 3,600 SF executive office building in Northfield, NJ.; Located at 2330 New Road, 08225, Atlantic County.; Two 1800+ SF floors, each with reception, conference room, and four private offices.
    Request Owner's contact information
    2330 New Rd Northfield, NJ 08225
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    Northfield, NJ 08225
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    Realmo Value Estimation

    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.

    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.

    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
    2330 New Rd Northfield, NJ 08225
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