RUNNEMEDE, NJ 08078 Runnemede, NJ 08078
SINGLE_FAMILY - RUNNEMEDE, NJ
- Added:
- Jul 31, 2025
- Days on Market:
- 345
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features
General Information
- Property type
- Residential
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,512 SF
Building Details
- Year built
- 1950
Listing agent Chris Benstead (609) 410-1878
Listing office BHHS Fox & Roach Marlton-Voorhees Home Marketing Center NJ (856) 810-5300
Listing date Jul 31, 2025
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
The property also benefits from on-site parking, supporting convenient access for patients and visitors.
While it is currently operated as a chiropractic office, the existing layout is designed to support a range of medical-office configurations within the available room count and amenity base.
Key Highlights
- 1950‑built property currently used as medical offices (chiropractor)
- Corner lot with on‑site parking
- Over 8 exam rooms/office spaces plus reception area
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 | $33.2k | $21.96 |
| − Vacancy | −$4.9k | −$3.25 |
| EGI | $28.3k | $18.71 |
| − OpEx | −$7.1k | −$4.68 |
| NOI | $21.2k | $14.03 |