321 Broad St, Gibbstown, NJ 08027-2007
- Commercial real estate
- 3,311 SF
- 0.57 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 321 Broad St
- Year built
- 1963
- Construction
- STONE
- Lot size
- 0.57 lot acres
- Property type
- Commercial real estate
- APN
- 07 00121-0000-00002
- APU
- 700121000000002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 26, 2026 | $262,500 | Need 1 Break Properties LLC | Gibbstown Medical Center LLC | Deed | — |
| Feb 13, 2008 | — | Gibbstown Medical Center LLC | Gibbstown Medical Center LLC | Quit Claim Deed · related | — |
| Sep 29, 2005 | $475,000 | Gibbstown Medical Center LLC | Francine Battaglia | Deed | $380k · Commerce Bank NA |
| — | — | Gibbstown Medical Center LLC | — | Deed Of Trust · related | $145k · Capital Bank Of New Jersey |
| — | — | Antonio P Battaglia | — | Deed Of Trust · related | $77k · Household Finance Corp III |
| — | — | Gibbstown Medical Center LLC | — | Deed Of Trust · related | $50k · Commerce Bank NA |
| — | — | Gibbstown Medical Center LLC | — | Deed Of Trust · related | $565k · Capital Bank Of New Jersey |
| — | — | Gibbstown Medical Center LLC | — | Deed Of Trust · related | $124k · Capital Bank Of New Jersey |
| — | — | Gibbstown Medical Center LLC | — | Deed Of Trust · related | $135k · Capital Bank Of New Jersey |
Description
This exceptional 5,200 square foot property located at 321 E Broad Street, Gibbstown, NJ presents a unique investment opportunity. Situated on a sizable 0.57-acre lot, this versatile building offers significant potential for a variety of commercial uses. The property is priced competitively at $275,000, making it an attractive option for both established businesses and entrepreneurs seeking a foothold in the Gibbstown market. Prospective buyers are responsible for conducting their own due diligence, including verifying zoning compliance, obtaining any necessary variances, and securing township approval for any planned construction or usage modifications. This includes a thorough review of all applicable building codes and regulations. The property's substantial size and location offer considerable flexibility for adaptive reuse or expansion, catering to a wide range of business needs. The sale price reflects the property's "as-is" condition, and buyers should factor in potential renovation or upgrade costs into their overall budget. All earnest money deposits should be made payable to the buyer's chosen title company. This property is being offered for sale without any warranties or guarantees beyond those implied by law. Serious inquiries only.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $610,000
- 6.5%
- $560,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $546,000
- AI Estimate
- $534,000
Market price range: $246k - $666kMarket price range: $257k - $624k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $435,000 Current use
- OFFICE BUILDING
- $430,000 Change: -1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gibbstown
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.2682
- Latitude
- 39.8267
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
