23 Harker Ave Berlin, NJ 08009-2331
This exceptional 4,100 square foot medical office building, located at 23 Harker Avenue in Berlin, New Jersey, presents a unique owner-user or investment opportunity. The Class B property boasts recent renovations, including a new roof, updated oil tanks, and a modern air conditioning system, ensuring efficient and comfortable operation. The building is situated on a convenient lot providing ample parking with 20 spaces located both in front and behind the building. Its prime location offers easy access to major roadways, including Route 73, the White Horse Pike (Route 30), I-295, the New Jersey Turnpike, and the Garden State Parkway, ensuring convenient commutes for staff and clients. The property is zoned for medical and commercial use, providing flexibility for a variety of professional practices. Currently available for immediate occupancy, this building is ideal for medical professionals seeking a well-maintained and conveniently located space to establish or expand their practice, or for investors seeking a strong return on investment in a thriving market. The single building is located in Camden County, New Jersey, zip code 08009.
2 and PR-2 High Density Residential Districts. § 335-81 R-3 Garden Apartment District. § 335-81.1 R-4 Townhouse District. § 335-81.2 R-5 Apartment and Townhouse District. § 335-82 C-1 Central Business District. § 335-83 C-2 and PC-2 Neighborhood Commercial District. § 335-84 C-3 and PC-3 Highway Commercial District. § 335-85 PARC Planned Adult Residential Co…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Berlin, NJ2 and PR-2 High Density Residential Districts. § 335-81 R-3 Garden Apartment District. § 335-81.1 R-4 Townhouse District. § 335-81.2 R-5 Apartment and Townhouse District. § 335-82 C-1 Central Business District. § 335-83 C-2 and PC-2 Neighborhood Commercial District. § 335-84 C-3 and PC-3 Highway Commercial District. § 335-85 PARC Planned Adult Residential Community District. § 335-86 R-AR Residential Age-Restricted District. § 335-87 I-2,
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.