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    128 Rte 70 Medford, NJ 08055-2371
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    Property profile & analytics

    128 Rte 70, Medford, NJ 08055-2371

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    • Commercial real estate
    • 12,364 SF
    • 11.16 lot acres
    Off-Market
    Last Sale Aug 30, 2023
    $1,352,347
    Property ID
    US59-2048159
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,565,000
    Show details
    Cap Rate Potential
    6.7%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Kimberly Ni, MD / Pediatrician / Physician
    • Dr. Harry South MD / Physician

    Property Details for 128 Rte 70

    Year built
    1982
    Lot size
    11.16 lot acres
    Zone code
    BDZ1
    Property type
    Commercial real estate
    APN
    20 00902-0000-00001- 01
    APU
    200090200000000101

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 30, 2023 $1,352,347 Medford Cpg LLC Jemmp LLC Deed —
    Jan 3, 2018 — Makcpg LLC — Deed · related $5M · Valley Nat'l Bk
    May 8, 2017 $983,355 Makcpg LLC Henry Bloom LLC Grant Deed —
    May 8, 2017 $515,091 Picz LLC Henry Bloom LLC Grant Deed —
    — — Medford Investors Assocs LLC — Deed Of Trust · related $2.8M · Valley Nat'l Bk
    — — Medford Investors Assocs LLC — Deed Of Trust · related $1M · Valley Nat'l Bk
    — — Makcpg LLC — Loan Modification · related $5M · Valley Nat'l Bk
    — — Medford Investor Assocs LLC — Deed Of Trust · related $3.5M · Independence Community Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,575,000
      ML approach
      $1,495,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,750,000
      6.5%
      $1,615,000
      7%
      $1,500,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,003,000
      Market price range: $732k - $2.00M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,890,000
      Current use
      OFFICE BUILDING
      $2,295,000
      Change: +21% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,620,000
      Change: -14% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $1,580,000
      Change: -16% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8458
    Latitude
    39.899
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $222,736
    $2,732,600
    $4,120,800
    $6,853,400
    -
    $2,732,600
    $4,120,800
    $6,853,400
    More about this property
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