Two-Story Office
For Sale
$999,999
99 TAUNTON Road, Medford, NJ 08055
Commercial Sale - MEDFORD, NJ
Property Size6,150 SF
Lot Size0.74 Acres
Price / SF$162.60
Days on Market286
Property Features for 99 TAUNTON Road
General Information
Property type
Other
Property subtype
Office
Parking
25
Parking features
Parking Lot
High school
SHAWNEE H.S.
Elementary school district
LENAPE REGIONAL HIGH
Middle school district
LENAPE REGIONAL HIGH
High school district
LENAPE REGIONAL HIGH
Standard status
Active
Size
6,150 SF
Lot size
0.74 Acres
Taxes and HOA fees
Tax Annual Amount
24000
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1941
Building materials
Vinyl Siding
Listing Agency:
Century 21 Alliance-Medford · Century 21 Real Estate
(609) 654-8797
Listed By:
James Brent Bergman · License #2220233
(609) 320-0572
Added: Oct 28, 2025
Changed: Jun 9
Last Checked: Aug 9 at 6:06PM
MLS# NJBL2098562
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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. The layout includes seven private offices of varying sizes, supporting a mix of professional, medical, or service-based uses. An upstairs side entrance provides flexible access, which can work well for multiple tenants or for an owner-occupant configuration. The property is positioned as an income-generating investment with established tenants already in place.
The building is in a highly visible Medford location with ample on-site parking for staff and visitors. Convenient access to major routes and proximity to Medford’s town center supports continued demand for professional services. The property is described as being well-positioned within Medford’s desirable professional corridors.
For buyers seeking a turn-key investment or an owner-user opportunity, the combination of private office space, flexible entrance options, and current tenant occupancy offers practical operating potential. The office configuration may suit professional firms that need dedicated rooms, and it can also accommodate medical or service users that benefit from clear, individual office layouts.
The building is in a highly visible Medford location with ample on-site parking for staff and visitors. Convenient access to major routes and proximity to Medford’s town center supports continued demand for professional services. The property is described as being well-positioned within Medford’s desirable professional corridors.
For buyers seeking a turn-key investment or an owner-user opportunity, the combination of private office space, flexible entrance options, and current tenant occupancy offers practical operating potential. The office configuration may suit professional firms that need dedicated rooms, and it can also accommodate medical or service users that benefit from clear, individual office layouts.
Key Highlights
- Income‑generating property with established tenants providing steady cash flow.
- Versatile 6,150 sq ft professional space suitable for various uses (professional, medical, service‑based).
- Highly visible Medford location with convenient access to major routes and town center.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,173
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,103,460
$1.1M
Cap Rate 7%
$788,186
$788.2K
Cap Rate 9%
$613,033
$613.0K
Market Conditions
NOI Build-Up for 6,150 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,103,460
Cap Rate 7%
$788,186
Cap Rate 9%
$613,033
Alternative Uses
Best Use
Office B
$788.2K
$689.7K – $919.6K
NOI $55,173 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$12.86M
$11.25M – $15.01M
NOI $900,383 @ 7.0% cap · market cap 90.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Office units
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Versatile two-story office with multiple private offices, flexible side entrance, and established tenants for steady income potential.
Where is this office building located?
The property is located at 99 TAUNTON Road Medford, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Income‑generating property with established tenants providing steady cash flow.; Versatile 6,150 sq ft professional space suitable for various uses (professional, medical, service‑based).; Highly visible Medford location with convenient access to major routes and town center.
