Two-Story Office Building with Side
For Sale
$825,000
99 Taunton Rd, Medford, NJ 08055
Versatile office space with a separate upstairs side entrance and private offices suited to professional and service users.
Property Size6,152 SF
Price / SF$134.10
Days on Market141
Property Features for 99 Taunton Rd
General Information
Standard status
Active
Size
6,152 SF
Additional Details
Office Units
7
Building Details
Year Built
1941
Stories
2
Listing Agency:
Century 21 Alliance-Medford
Listed By:
James Brent Bergman · License #2220233
(609) 320-0572
Source:
Mgsells
Added: Jun 3
Changed: Oct 15
Last Checked: Oct 7 at 2:51PM
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 Century 21 Alliance-Medford
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Investment Insights
Based on property information with market context.
This attractive two-story office building offers approximately 6,150 square feet of versatile professional space designed for a range of office and service users. The layout includes seven private offices of varying sizes, providing multiple configurations for teams, consultative work, or mixed-use occupancy. A separate upstairs side entrance supports flexible access, which can accommodate multiple tenants or an owner-occupant setup.
The property is described as highly visible in a Medford setting, with convenient access to major routes and Medford’s town center. Ample on-site parking is available to support staff and visitors.
As presented, the building is income-generating with established tenants already in place, positioned as both a strong investment and an owner-user opportunity. Tenants and owner-occupants benefit from the private-office configuration and the added accessibility created by the separate upstairs entrance, which can help streamline day-to-day operations across different workspaces.
The property is described as highly visible in a Medford setting, with convenient access to major routes and Medford’s town center. Ample on-site parking is available to support staff and visitors.
As presented, the building is income-generating with established tenants already in place, positioned as both a strong investment and an owner-user opportunity. Tenants and owner-occupants benefit from the private-office configuration and the added accessibility created by the separate upstairs entrance, which can help streamline day-to-day operations across different workspaces.
Key Highlights
- Two‑story office building built in 1941 with approximately 6,150 SF of versatile professional space
- Includes seven private offices of varying sizes for a mix of professional, medical, or service‑based uses
- Separate upstairs side entrance provides flexible access for multiple tenants or owner‑occupancy options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,191
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,820
$1.1M
Cap Rate 7%
$788,443
$788.4K
Cap Rate 9%
$613,233
$613.2K
Market Conditions
NOI Build-Up for 6,152 SF
Gross rent
$82.7K $13.44/SF
− Vacancy
−$9.1K −$1.48/SF
EGI
$73.6K $11.96/SF
− OpEx
−$18.4K −$2.99/SF
NOI
$55.2K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,820
Cap Rate 7%
$788,443
Cap Rate 9%
$613,233
Alternative Uses
Best Use
Office B
$788.4K
$689.9K – $919.9K
NOI $55,191 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$12.87M
$11.26M – $15.01M
NOI $900,675 @ 7.0% cap · market cap 109.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
7
Office units
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
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Business Placement
Demographics for 08055, NJ
28,806
Population
11,103
Households
2.6
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
40.0 sq mi
ZIP Area
720
Density / Sq Mi
$158,487
Median Household Income
$77,304
Median Earnings
$1,502
Median Rent
$456,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Versatile office space with a separate upstairs side entrance and private offices suited to professional and service users.
Where is this office building located?
The property is located at 99 Taunton Rd Medford, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑story office building built in 1941 with approximately 6,150 SF of versatile professional space; Includes seven private offices of varying sizes for a mix of professional, medical, or service‑based uses; Separate upstairs side entrance provides flexible access for multiple tenants or owner‑occupancy options
