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Property profile & analytics

222 Broad St Gibbstown, NJ 08027

  • Commercial real estate
  • 0.09 lot acres
Value Estimation
Location Intelligence
Property ID
US59-1498250
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.

Current Use by Public Records

  • Commercial real estate

Property Details for 222 Broad St

Construction
TYPE NOT SPECIFIED
Lot size
0.09 lot acres
Property type
Commercial real estate
APN
07 00088-0000-00004
APU
700088000000004

Description

This exceptional retail opportunity presents 4,050 square feet of commercial space at 222 W Broad Street in Gibbstown, New Jersey. Located on a highly visible section of Broad Street, this property offers significant potential for a variety of businesses. The building, currently configured as a TV repair shop (operating for 35 years), occupies the left half of a larger structure. The right side is independently owned and operated as a daycare center and is not included in this sale. This presents a unique chance to establish a business in a vibrant area experiencing revitalization. Across the street, renovations are underway for a new Ciconte's pizza location, further enhancing the area's appeal and foot traffic. A key feature of this property is a full-length basement, providing ample storage space or the possibility for expansion. Additionally, a sizable yard at the rear of the building offers further flexibility and potential uses. The 0.09-acre lot provides convenient access and ample space for customers and deliveries. This property is priced at $125,000 and represents a compelling investment opportunity for an entrepreneur seeking a well-located, established space with significant upside potential. The property's history and existing infrastructure provide a solid foundation for a new business venture.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $270,000
  • CAP approach

    CAP return
    Estimation
    6%
    $270,000
    6.5%
    $230,000
    7%
    $245,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $245,000
    Geo Method
    $260,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $250,000
    Retail
    $210,000
    Mixed-Use
    $270,000
    Hospitality
    $275,000
    Educational
    $260,000
    Residential Income
    $230,000
    Energy
    $230,000
    Income-Based Land
    $270,000
    Food Service
    $225,000

Location Insight

  • Map
  • Local Demand
City
Gibbstown
County
Gloucester
State
New Jersey
Longitude
-75.2835
Latitude
39.8253
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
2023
$3,882
$23,000
$96,000
$119,000
-
$23,000
$96,000
$119,000
More about this property
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