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    73 L 24.01 Rte Berlin, NJ 08009

    For Sale
    $295,000

    3.4-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.4-acre commercial land parcel presents a compelling investment opportunity in Berlin, New Jersey. Strategically located on Route 73, this property boasts significant visibility with approximately 380 feet of frontage. The site is conveniently situated south on Route 73, just before Cooper Folly Road, ensuring easy access and high traffic exposure. Public sewer and water are readily available, simplifying development plans. The property is zoned for commercial use under the PTC designation (further zoning details are available in supplemental documents). This makes it ideal for a variety of commercial ventures. Adding to its appeal, a 302-lot subdivision is currently under construction adjacent to the property, suggesting future growth and increased demand in the immediate vicinity. The asking price for this prime commercial land is $295,000. This represents a significant opportunity for investors seeking a well-positioned, readily developable site in a thriving area. All pertinent zoning information is included in the provided documentation.

    Property Features for 73 L 24.01 Rte

    General Information

    Property type
    Land
    Lot Size
    150,282 SF

    HighLights

    • 3.4‑acre commercial land parcel in Berlin, NJ.
    • High visibility Route 73 frontage (approx. 380 feet).
    • Convenient location south of Cooper Folly Road on Route 73.
    • Public sewer and water available.
    • Commercially zoned (PTC); details in supplemental documents.
    • Adjacent to a 302‑lot subdivision under construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Berlin
    County
    Camden
    State
    New Jersey
    Longitude
    -74.9095216
    Latitude
    39.7609828

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    FAQs

    What type of property is this?
    Land - 3.4-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 73 L 24.01 Rte Berlin, NJ.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 3.4-acre commercial land parcel in Berlin, NJ.; High visibility Route 73 frontage (approx. 380 feet).; Convenient location south of Cooper Folly Road on Route 73.
    (856) 767-1776
    Request Owner's contact information
    73 L 24.01 Rte Berlin, NJ 08009
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    Berlin, NJ 08009
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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
    73 L 24.01 Rte Berlin, NJ 08009
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