Financial
Distress signals
Property profile

198 Fries Ml Rd Turnersville, NJ 08012

OFF-MARKET
Banks
Property ID
US59-3171878
31,261 SF 7.09 ac lot Built 2005
Last sale Aug 2025 · $7,456,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of a proposed 5,600-square-foot commercial building designed to be divisible into smaller units as small as 1,200 square feet. It is located midway between Virtua Hospital and Kennedy-Jefferson Hospital, with nearby retail including Target and Lowes Home Improvement. Across Fries Mill Road, it is positioned adjacent to a dense residential area that includes a garden apartment complex.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$120k
Tax billed · 2022
Assessed value · 2023$3.46M
Assessed land$886k
Assessed improvement$2.57M
Effective rate3.48%

Value estimate

· Sep 2026
$5.20M
$4.68M – $5.72M
AI approach$4.99M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CI
JurisdictionGLOUCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.0
Storage Facility12.5
HVAC Service12.3

Location

198 Fries Ml Rd Turnersville, NJ 08012-2076
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1223 Black Horse, Blackwood, NJ 08012-4819 $750,000 Jan 2026 No data
5100 Rte 42, Blackwood, NJ 08012-1749 $949,987 Dec 2022 11,684 SF
1 Shoppers, Blackwood, NJ 08012-1400 $3,444,995 Nov 2022 No data
4651 Rte 42, Turnersville, NJ 08012-1708 $975,000 Dec 2021 7,960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 198 Fries Ml Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message