206-208 White Horse Pike Barrington, NJ 08007
Property profile & analytics
206-208 White Horse Pike Barrington, NJ 08007
- Commercial real estate
- 2.73 lot acres
Property ID
US59-1584220
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 206-208 White Horse Pike
- Construction
- BRICK
- Lot size
- 2.73 lot acres
- Property type
- Commercial real estate
- APN
- 03 00057-0000-00002- 02
- APU
- 30005700000000202
Description
This exceptional value-add investment opportunity presents two office buildings totaling 34,737 square feet situated on a 3.2-acre lot in Barrington, New Jersey. The property, known as Barrington Commons, features 22 units across two, two-story buildings, constructed in 1965. Currently boasting a 90% occupancy rate, the complex generates a strong net operating income (NOI) of $286,642, resulting in an attractive 9.25% capitalization rate. The 6,500 square feet of net rentable space is comprised of a diverse mix of small and medium-sized professional office and medical spaces, many occupied by long-term tenants. Strategically located off Exit 29 of Route 295, Barrington Commons offers convenient access to Philadelphia and the New Jersey Turnpike, providing excellent visibility and accessibility. The property's substantial lot size (141,135 square feet) presents significant potential for future development or expansion, making it an ideal investment for those seeking strong returns and growth opportunities in a prime Camden County location. The asking price for this Class C property is $3,100,000. This is a rare opportunity to acquire a well-positioned multi-tenant office complex with considerable upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Barrington
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0476
- Latitude
- 39.873
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$59,215
$378,700
$930,200
$1,308,900
-
$378,700
$930,200
$1,308,900
