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    2740 Nj-42 Washington Township, NJ 08081

    For Sale
    $1,200,000

    Prime NJ Office Space, High Visibility

    Property size:
    6,301 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6,301 square foot executive office building, situated on a 0.561-acre lot in Washington Township, New Jersey (zip code 08081), presents a compelling investment opportunity. The property, zoned Highway Commercial (HC), boasts a highly desirable location, approximately 1/8 mile north of the Berlin-Cross Keys Road bypass intersection. Benefitting from direct left-turn access from Route 42 South, this building offers unparalleled visibility and accessibility. Currently owner-occupied, the sale allows for flexible delivery terms. The strategic location directly faces a planned 17-acre retail/mixed-use development, promising significant future growth and increased foot traffic. This prime location is surrounded by established retailers including Sam's Club, Home Depot, Edge Fitness, Dick's Sporting Goods, Petco, and Old Navy, ensuring high consumer traffic. The building is approximately 1.5 stories and is assessed at an estimated $19,197.81 in 2024 property taxes. This is a rare chance to acquire a well-positioned commercial property with excellent growth potential in a thriving retail corridor. The property is identified as Block 109, lots 13.02.

    Property Features for 2740 Nj-42

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,301 SF
    Lot Size
    24,437 SF

    HighLights

    • ±6,301 SF retail/office building, ±1.5 stories.
    • ±0.561‑acre lot, Block 109, Lots 13.02.
    • 1/8 mile north of Berlin‑Cross Keys Road bypass.
    • Direct left‑turn access from Route 42 South.
    • Owner‑occupied, flexible delivery terms.
    • Adjacent to a planned 17‑acre retail/mixed‑use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington Township
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.0240443
    Latitude
    39.7212853

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    FAQs

    What type of property is this?
    Office Property / Space - Prime NJ Office Space, High Visibility
    Where is this office property / space located?
    The property is located at 2740 Nj-42 Washington Township, NJ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: ±6,301 SF retail/office building, ±1.5 stories.; ±0.561-acre lot, Block 109, Lots 13.02.; 1/8 mile north of Berlin-Cross Keys Road bypass.
    Request Owner's contact information
    2740 Nj-42 Washington Township, NJ 08081
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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
    2740 Nj-42 Washington Township, NJ 08081
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