2330 New Road, Northfield, NJ 08225
3600+ SF office building in a prime Northfield location.
- Added:
- Sep 9, 2023
- Days on Market:
- 1005
- Last Refresh:
- May 13 at 8:35 pm
Property Features for 2330 New Road
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Other
Listing agent MICHAEL SHAMBERG
Listing office BHHS DIVERSIFIED REALTY (609) 652-6690
Listing date Sep 9, 2023
Source Xome
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 BHHS DIVERSIFIED REALTY
HighLights
- Prime 3600+ sq ft office building with 1800+ sq ft basement.
- Great Northfield location.
- Leased to bank on first level and casino company on second level.
- Each 1800+ sq ft floor includes reception area, conference room, and 4 offices.
- Central Air Cooling.
- Lot Dimensions: 138 X 185.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.3k | $26.76 |
| − Vacancy | −$26.0k | −$7.23 |
| EGI | $70.3k | $19.53 |
| − OpEx | −$17.6k | −$4.88 |
| NOI | $52.7k | $14.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Northfield
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.549
- Latitude
- 39.3699
