Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1416 Main St Pleasantville, NJ 08232

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1416 Main St Pleasantville, NJ 08232

    View on Map
    • Commercial real estate
    Off-Market
    Property ID
    US59-0034094
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1416 Main St

    Property type
    Commercial real estate

    Description

    This exceptional commercial office building at 1416 N Main Street in Pleasantville, NJ, presents a unique opportunity for businesses seeking a prominent location. The property offers up to eight private offices, providing ample space for a variety of professional uses, from a single large tenant to multiple smaller businesses. A welcoming reception area facilitates client interaction and efficient daily operations, while a dedicated conference room is ideal for meetings and presentations. The building's convenient location on Main Street ensures high visibility and strong street presence, maximizing exposure to potential clients. Multiple off-street parking spaces are available, providing convenient access for staff and visitors. The versatile layout makes this property suitable for a wide range of professional services, including medical practices, law firms, and financial services companies. The asking price is $329,000. This is an excellent opportunity to establish or expand your business in a highly desirable location with significant visibility and convenient amenities. The property is offered as-is. Serious inquiries only. Contact the listing agent for further details and scheduling a viewing. The lot size is zero acres. The square footage is not specified.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasantville
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.50385
    Latitude
    39.41301

    Comparable in this City

    • $199,000

      Pleasantville Office Building For Sale

      Prime Location, Updated Office Space
      9 Black Horse Pike, Pleasantville, NJ 08232
      View Details
    • $650,000

      Pleasantville Mixed-Use Investment

      High-visibility corner property, 4-6 units.
      85-95 Main St, Pleasantville, NJ 08232
      View Details
    • $375,000
      2,689 SF

      Pleasantville Office Building - Main St

      Prime location, 5 suites, ample parking.
      821 Main St, Pleasantville, NJ 08232
      View Details
    • Contact for pricing
      0.30 Acres

      Commercial Lot on Black Horse Pike

      Highly visible commercial lot in Pleasantville's Urban Enterprise Zone.
      305-313 E Black Horse Pike, Pleasantville, NJ 08232
      View Details
    • $599,900
      5,000 SF

      19-Room Motel on Route 40

      Motel business and property on high-traffic Route 40.
      7070 Black Horse Pike, Pleasantville, NJ 08232
      View Details
    • $45,900
      Pending

      Vacant Land in Pleasantville, NJ

      0.31-acre vacant infill parcel in an active commercial corridor.
      510 S Main St St, Pleasantville, NJ 08232
      View Details

    Similar Nearby for Sale

    • $199,000

      Pleasantville Office Building For Sale

      Prime Location, Updated Office Space
      9 Black Horse Pike, Pleasantville, NJ 08232
      View Details
    • $650,000

      Pleasantville Mixed-Use Investment

      High-visibility corner property, 4-6 units.
      85-95 Main St, Pleasantville, NJ 08232
      View Details
    • $375,000
      2,689 SF

      Pleasantville Office Building - Main St

      Prime location, 5 suites, ample parking.
      821 Main St, Pleasantville, NJ 08232
      View Details
    • Contact for pricing
      0.30 Acres

      Commercial Lot on Black Horse Pike

      Highly visible commercial lot in Pleasantville's Urban Enterprise Zone.
      305-313 E Black Horse Pike, Pleasantville, NJ 08232
      View Details
    • $599,900
      5,000 SF

      19-Room Motel on Route 40

      Motel business and property on high-traffic Route 40.
      7070 Black Horse Pike, Pleasantville, NJ 08232
      View Details
    • $45,900
      Pending

      Vacant Land in Pleasantville, NJ

      0.31-acre vacant infill parcel in an active commercial corridor.
      510 S Main St St, Pleasantville, NJ 08232
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo
      1,307 SF

      Renovated Yoga Studio For Lease

      Renovated yoga studio in central business district with major frontage.
      216 S Main St, Pleasantville, NJ 08232
      View Details
    • $18 SF/Yr

      High-Visibility Retail Space Available

      2,500 SF retail space on major highway, excellent exposure.
      800 N New Rd Rd, Pleasantville, NJ 08232
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease in Pleasantville, New Jersey.
      525 W Black Horse Pike, Pleasantville, NJ 08232
      View Details
    • Contact for pricing

      Retail Space on Black Horse Pike

      Retail space with high visibility and drive-in door access.
      7034 Black Horse Pike, Pleasantville, NJ 08232
      View Details
    • $1,700 /Mo

      Remodeled Commercial Space on Main

      Renovated 550 sq ft storefront ideal for retail or office.
      118-124 S Main St, Pleasantville, NJ 08232
      View Details
    • $2,500 /Mo

      Remodeled Office/Retail Space Available

      Ground floor unit in a busy Pleasantville location.
      118-124 S Main St, Pleasantville, NJ 08232
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1416 Main St
    Pleasantville, NJ 08232
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!