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Property profile & analytics
OFF-MARKET
Commercial real estate

15 Queen St Lumberton, NJ 08048-1111

0.15 ac lot Built 1956
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US59-1117303
Property summary
AI-generated overview

This fee-simple industrial property in Lumberton, NJ, offers a rare value-add opportunity. The 2,000-square-foot building, constructed in 1956, sits on a 0.15-acre lot (6,477 square feet) and features a single-story structure with a 7-8-foot ceiling height. Currently configured as a novelty glass jar manufacturing facility, the space includes a 22'x17' assembly room, a 12'x18' shipping room, a 20'x29' packing area, and multiple offices totaling approximately 540 square feet, plus a restroom. The building boasts two overhead drive-in garage doors, a pull-down attic staircase, a newer HVAC system, and a metal roof coated approximately 5-7 years ago. The property offers potential for various uses, including continued manufacturing, contractor spaces, or professional offices, subject to township approvals and variances. The 0.15-acre lot provides ample space for parking or potential expansion. The property's strategic location offers easy access to major roadways including Routes 38, 70, 541, I-295, and is approximately 30 minutes from Center City Philadelphia, an hour from the Jersey Shore and New York City. The property is being sold "as is," with the buyer responsible for all inspections, certifications, and necessary municipal approvals. Six parking spaces are available. The asking price is $215,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1956
Construction CONCRETE BLOCKS
Lot 0.15 ac (6,477 SF)
Zoning code H/A
APN 17 00002- 01-00006
UPID US59-1117303
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Glass House General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
William Lauff · 1 yrs held
William Lauff
since 2025
Last sale
$182,500
1 recorded transaction
2025
$182,500
Zoning & alternative use
H/A · Lumberton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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