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Property profile

1507 Route 206 Tabernacle, NJ 08088

FOR SALE
Commercial real estate
Property ID
US59-0036937
1,668 SF 2.8 ac lot Built 1978
Last sale May 2004 · $239,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2,350 sq ft commercial property, situated on a prime 2.8-acre lot on Route 206 in Tabernacle, NJ, presents a rare investment opportunity. Currently operating as a used car lot, the building boasts significant street-level visibility and high traffic counts (estimated 15,000-20,000 vehicles daily, higher on weekends) due to its strategic location near a lighted intersection. Previously a bank, the property retains its original vault, adding unique character. Ample parking is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value · 2023$257k
Assessed land$89k
Assessed improvement$168k
Effective rate2.94%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$3k
Operating expenses−$15k
NOI · 4.45% cap applied$35k

Realmo valuation models over county records and 81 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$83 – $266
Qualifying comparables81

Cap rate analysis

How does the asset earn?
4.45%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBURLINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.0
Dental Office10.4
HVAC Service9.7

Location

1507 Route 206 Tabernacle, NJ 08088
County assessor Recorded deeds · 3 transfers 81 qualifying comp sales Zoning catalog · not on file

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

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1630 Rte 206, Vincentown, NJ 08088 $327,500 Dec 2024 1,683 SF
1583 Rte 206, Tabernacle, NJ 08088-8849 $370,000 Aug 2024 1,496 SF
1739 Rte 206, Southampton, NJ 08088-8834 $365,000 May 2024 1,840 SF
43 Willow Grv, Shamong, NJ 08088-8213 $105,000 Mar 2024 2,200 SF
At Willow Grv Rd, Shamong, NJ 08088 $1,149,000 Jan 2024 3,065 SF
207 Rte 530, Southampton, NJ 08088-1645 $450,000 Dec 2023 1,144 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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