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Property profile & analytics
OFF-MARKET
Commercial real estate

234 Taunton Blvd Medford, NJ 08055

8,500 SF 1.15 ac lot Built 1975
Property ID
US59-1922860
Property summary
AI-generated overview

This exceptional property at 234 Taunton Boulevard in Medford, NJ, presents a unique opportunity. The offering encompasses a substantial church building and a spacious parsonage house, situated on a 1.15-acre lot along a major thoroughfare. The church itself boasts approximately 6,000 square feet of usable space, featuring a large sanctuary complete with a baptismal font, a welcoming fellowship hall, a well-equipped kitchen, numerous offices and classrooms ideal for various programs, and three half-bathrooms. Outdoor amenities include a fenced-in play area, perfect for children's activities or community gatherings, and ample private parking accommodating up to 35 vehicles. The accompanying parsonage house offers approximately 2,500 square feet of comfortable living space. This residence includes four bedrooms and two and a half bathrooms, providing ample accommodation. The first floor features a sunroom, a kitchen, a half-bath, a living room, a family room, a dining room, a convenient mudroom, and a converted garage space, adding versatility to the layout. The second floor houses the four bedrooms and two and a half bathrooms. The entire property is priced at $850,000. It's important to note that Medford Township zoning restricts future use to religious institutions only. This presents a compelling opportunity for a religious organization seeking a well-established and spacious facility in a desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 1975
Total area 8,500 SF
Lot 1.15 ac (50,094 SF)
UPID US59-1922860
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lakes Community Chapel Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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