160 Pitney Rd Galloway, NJ 08205-9643

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.

Location Insight

City

Galloway

County

Atlantic

State

New Jersey

Longitude

-74.492

Latitude

39.4723

CBSA code

12100

CBSA name

ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments