160 Pitney Rd Galloway, NJ 08205-9643
- Commercial real estate
- 0.50 lot acres
Mar 27, 2025
Current Use by Public Records
- Rite Fit Realty llc / Real Estate Agency
- Comfort Keepers Home Care / Home Health Care Service / Home Help
- Morowitz Gaming Advisors / Consultant
- Community Health Law Project / Social Service Agency / Charitable Organization
- Epps Law Firm / Law Firm
Property Details for 160 Pitney Rd
- Year built
- 2010
- Lot size
- 0.50 lot acres
- Zone code
- CVC
- Property type
- Commercial real estate
- APN
- 11 00996-0000-00001
- APU
- 1100996000000001
Description
This exceptional two-story, 6,000 square foot executive office building presents a compelling investment opportunity. Located at 160 S Pitney Rd, Absecon, NJ 08205, this fully occupied property boasts five individual suites, each benefiting from individually metered electric and gas. The building's layout is well-suited to the local market, featuring two approximately 900 square foot suites and one approximately 1,800 square foot suite on the first floor, and two approximately 1,200 square foot suites on the second floor, accessible via an elevator and central stairwell. Constructed in 2010 and under the same ownership since completion, this meticulously maintained building enjoys a stable tenant base, reflecting its strong management and desirable location. Situated on a 0.5-acre lot at a signalized intersection, it offers convenient access, being only 1.8 miles from the Garden State Parkway. The property is zoned CVC and offers a stabilized investment with an asking price of $975,000 ($162.50 per square foot). Detailed financial information, including a rent roll, is available upon request. This is a rare opportunity to acquire a high-performing, fully occupied office building in a prime location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $850,000
- ML approach
- $940,000
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Location Insight
- Map
- Local Demand
- City
- Galloway
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.492
- Latitude
- 39.4723
- CBSA code
- 12100
- CBSA name
- ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA