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    Property profile & analytics

    231 Van Sciver Pkwy Willingboro, NJ 08046-1132

    • Commercial real estate
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Dec 13, 2022
    $320,000
    Location Intelligence
    Property ID
    US59-2105150
    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

    • Neurological Center / Medical Clinic / Neurologist
    • Lourdes Imaging Associates PA / Radiologist / Doctor
    • MRI Diagnostic Center / Doctor / X-Ray Lab
    • Friedman Mark DO / Doctor
    • Michael Partnow / Neurologist / Radiologist

    Property Details for 231 Van Sciver Pkwy

    Lot size
    1.39 lot acres
    Property type
    Commercial real estate
    APN
    38 00026-0000-00003
    APU
    3800026000000003

    Description

    This 7,162-square-foot Class B medical office building in Willingboro, New Jersey, presents a compelling value-add investment opportunity. Located at 231 Van Sciver Pkwy, 08046, this vacant, single-unit property is offered at $700,000 with potential seller financing. The building features a recently updated exterior with new lighting and front flooring, as well as fresh interior paint. A dedicated computer room with a raised floor adds to its functionality. The property boasts ample parking with over 40 spaces, catering to both staff and clients. Its strategic location in a densely populated residential area, minutes from Route 130 and I-29, makes it highly accessible. The building's versatility makes it suitable for various uses, including medical practices, urgent care facilities, and daycare centers. The property is situated near hospitals and other medical facilities, further enhancing its appeal. The lease type is NNN.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $365,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $405,000
      Mixed-Use
      $365,000
      Hospitality
      $310,000
      Educational
      $400,000
      Residential Income
      $355,000
      Energy
      $315,000
      Income-Based Land
      $405,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Willingboro
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.879
    Latitude
    40.0428
    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
    $16,554
    $270,000
    $145,000
    $415,000
    -
    $270,000
    $145,000
    $415,000

    Comparable in this City

    • Value Estimation by Request

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    • Value Estimation by Request
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      603 Beverly Rancocas Rd

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    • Value Estimation
      $320,000
      4,624 SF

      12 Charleston Rd

      COMMERCIAL (GENERAL) • 4,624 SF
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    Willingboro, NJ 08046-1132
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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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