Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    144 Kings Hwy Haddonfield, NJ 08033

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    50,000 SF School Building - $2M

    Property size:
    50,000 SF

    Property Features for 144 Kings Hwy

    General Information

    Property type
    Schools
    Square Feet
    50,000 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built/Renovated
    1875/2018
    Stories
    2

    We can help!

    Listing Contact
    Moshe Adika

    Listing Agency: TCS Management Services Listing Agent: Moshe Adika

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 50,000 square foot former school building in Haddonfield, NJ, presents a unique investment opportunity. Located at 144 Kings Hwy W, this fee-simple property sits on one acre and features a two-story structure built in 1875, extensively renovated in 2018. The building offers numerous large classrooms and office spaces, adaptable for various uses, including corporate offices, healthcare facilities, educational institutions, or creative studios. Its prime location near Haddonfield Station ensures convenient public transportation access, while proximity to ACME Market enhances convenience. The property includes 20 parking spaces. With ample space for customization, this building provides a blank canvas for your business vision. The asking price is $2,000,000, translating to $40 per square foot. This represents a rare opportunity to acquire a substantial property in a desirable, vibrant community with excellent amenities. The property's APN is 17-00077-00009 and the zip code is 08033. This is a single-tenancy property offering significant potential for a wide range of businesses seeking a unique and expansive space in a highly accessible location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Haddonfield
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0390761
    Latitude
    39.8937466

    Nearby Similar for Sale

    • $599,000
      2,985 SF

      Vernon Twp. Commercial Opportunity

      Mixed-use property near Mountain Creek Ski Resort with investment potential.
      276 State Rt 94, Vernon, NJ 07462
      View Details
    • $575,000
      4,780 SF

      Vernon Twp. Office Space

      High visibility office space with long-term tenants.
      1 State Rt 94, Vernon, NJ 07462
      View Details
    • $425,000

      Spacious Ranch in Highland Lakes

      Four-bedroom ranch with finished basement in active lake community.
      175 Highland Lakes Rd, Vernon, NJ 07422
      View Details
    • $80,000
      858 SF

      Office Unit in Vernon Township

      Well-established 858 sq ft office space for sale.
      5 State Rt 94, Vernon, NJ 07462
      View Details
    • $599,000
      2,985 SF

      Vernon Township Commercial Property For Sale

      Commercial property in Vernon Township with high visibility and road traffic.
      276 State Rt 94, Vernon, NJ 07462
      View Details
    • $325,000
      600 SF

      Vernon Commercial Property For Sale

      Commercial property in Vernon's Town Center Zone, suitable for various uses.
      542 County Route 515, Vernon, NJ 07462
      View Details
    • $499,900

      Vernon Specialty Property For Sale

      Specialty property available for purchase in Vernon, New Jersey.
      13 Maple Cres, Vernon, NJ 07462
      View Details
    • $439,000

      Vernon Specialty Property For Sale

      Specialty property available for purchase in Vernon, New Jersey.
      5 Maple Cres, Vernon, NJ 07462
      View Details
    • $80,000

      Established Office Unit For Sale

      Office unit for sale in well-established office complex.
      5 State Rt 94, Vernon, NJ 07462
      View Details
    • $219,800

      Updated Unit in Great Gorge

      Bright, updated unit with amenities in Great Gorge Village.
      1 Powderhorn Ct, Vernon, NJ 07462
      View Details
    • $334,900

      First-Floor Condo with Pool View

      Spacious condo with pool view and luxurious amenities.
      3-11 Pine Cres, Vernon, NJ 07462
      View Details
    • $199,900

      Great Gorge Village End-Unit Condo

      Move-in ready condo near ski slope, pool, and spa.
      3 Deer Valley Ln, Vernon, NJ 07462
      View Details

    FAQs

    What type of property is this?
    School - 50,000 SF School Building - $2M
    Where is this school located?
    The property is located at 144 Kings Hwy Haddonfield, NJ.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price for this 50,000 square foot special purpose property.; Located at 144 Kings Hwy W, Haddonfield, NJ 08033, Camden County.; Fee simple ownership with a 1-acre lot and 20 parking spaces.
    (215) 383-1439 Call to check price and availability
    Request Owner's contact information
    144 Kings Hwy Haddonfield, NJ 08033
    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.
    144 Kings Hwy
    Haddonfield, NJ 08033
    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
    144 Kings Hwy Haddonfield, NJ 08033
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Moshe Adika
    Real Estate License ID: RS362800
    (215) 383-1439 (267) 210-3080
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!