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    23 Main St, Unit 5 Medford, NJ 08055-2444

    • Office buildings
    • 4,748 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Sep 24, 2021
    $250,000
    Location Intelligence
    Property ID
    US59-3109156
    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

    • Atlantic Coast Insurance Center / Insurance Agency / Auto Insurance Agency
    • Aline Therapy / Pediatric Clinic
    • Garden State Properties Group / Real Estate Consultant
    • Voorhees Handyman & Painting / Handyman/Handywoman/Handyperson
    • Mary A. Beck, LCSW / Social Worker

    Property Details for 23 Main St

    Year built
    1870
    Lot size
    0.30 lot acres
    Property size
    4,748 SF
    Zone code
    HVC
    Property type
    Office buildings
    APN
    20 01813-0000-00008-0000-C0005
    APU
    20018130000000080000C0005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $325,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $280,000
      Mixed-Use
      $350,000
      Hospitality
      $370,000
      Educational
      $280,000
      Residential Income
      $295,000
      Energy
      $325,000
      Income-Based Land
      $310,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8228
    Latitude
    39.8987
    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
    $9,211
    $166,200
    $117,200
    $283,400
    -
    $166,200
    $117,200
    $283,400

    Comparable in this City

    • Value Estimation
      $690,000
      2,566 SF

      10 Main St

      OFFICE BUILDING • 2,566 SF
      10 Main St, Medford, NJ 08055-2466
      View Details
    • Value Estimation
      $405,000
      4,848 SF

      416 Stokes Rd

      OFFICE BUILDING • 4,848 SF
      416 Stokes Rd, Medford, NJ 08055
      View Details
    • Value Estimation
      $65,000
      617 SF

      23 Main St Ste, Unit 2

      OFFICE BUILDING • 617 SF
      23 Main St Ste, Medford, NJ 08055-2444
      View Details
    • Value Estimation
      $770,000
      10,507 SF

      107 Taunton Blvd

      OFFICE BUILDING • 10,507 SF
      107 Taunton Blvd, Medford, NJ 08055-3475
      View Details
    • Value Estimation
      $745,000
      6,000 SF

      13 Fostertown Rd

      OFFICE BUILDING • 6,000 SF
      13 Fostertown Rd, Medford, NJ 08055-9514
      View Details
    • Value Estimation
      $1,145,000
      2,454 SF

      108 Rte 70

      OFFICE BUILDING • 2,454 SF
      108 Rte 70, Medford, NJ 08055-9504
      View Details

    Similar Nearby for Sale

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      0.74 Acres

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      Versatile office space in a highly visible Medford location.
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    • New
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      Medford Office Building For Sale

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    • Contact for pricing
      0.92 Acres

      Medford Office Suite - 2100 SF

      High-visibility office space, excellent condition. 8 rooms, near major routes.
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    • $445,000
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      Medford Office Building - Prime Location

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      Renovated home with new systems and lake access.
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    Similar Nearby for Lease

    • $7,060 /Mo
      33,541 SF

      Medford Flex Building for Lease

      Adaptable flex building in Medford, suitable for diverse commercial uses.
      708 Stokes Rd, Medford, NJ 08055
      View Details
    • $1,450 /Mo
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      Prestigious Medford Main Street Office

      Rare professional office suite in a prime, visible location.
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      View Details
    • $2,100 /Mo
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      Professional Office Suite in Medford

      Exquisite office suite for lease in Medford, New Jersey.
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    • $850 /Mo
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      Medford Office Suite For Lease

      Private office suite in Medford's Main Street business district.
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    • $375 /Mo
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      Affordable Office Space on Route 70

      Affordable office space in a convenient location on Route 70.
      194 Unit B 5&7, Medford, NJ 08055
      View Details
    • $375 /Mo
      18,295 SF

      Professional Office Space For Lease

      Professional office space for lease in Medford, New Jersey.
      194 Unit B, Medford, NJ 08055
      View Details
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    Medford, NJ 08055-2444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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