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    Property profile & analytics

    340 White Horse Pike Berlin, NJ 08009

    • Banks
    • 0.46 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Feb 23, 2024
    $310,000
    Location Intelligence
    Property ID
    US59-1584450
    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

    • Banks

    Property Details for 340 White Horse Pike

    Lot size
    0.46 lot acres
    Zone code
    C-2
    Property type
    Banks
    APN
    05 01801-0000-00003
    APU
    501801000000003

    Description

    This exceptional retail property, situated at 340 S White Horse Pike in Berlin, NJ, presents a remarkable opportunity for businesses seeking high visibility and convenient access. The building enjoys a prime location on the heavily trafficked White Horse Pike, boasting ample surface parking for customers and employees. Prominent road signage ensures your business will be easily seen by a large volume of potential customers. The property features a valuable drive-thru, adding significant convenience and appeal for various retail concepts. Its strategic location near numerous amenities, including shops, restaurants, and medical offices, creates a synergistic environment that draws additional foot traffic and enhances visibility. Furthermore, its proximity to major thoroughfares such as Route 73, Route 70, and Berlin-Cross Keys Road provides seamless connectivity to a wide range of destinations, making it easily accessible for customers from a broad geographic area. This combination of high visibility, convenient access, and a desirable location makes this property an ideal choice for businesses seeking to establish a strong presence in a thriving commercial area. The property is offered for sale, and further details are available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $250,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $255,000
      Mixed-Use
      $300,000
      Hospitality
      $285,000
      Educational
      $310,000
      Residential Income
      $260,000
      Energy
      $260,000
      Income-Based Land
      $240,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Camden
    State
    New Jersey
    Longitude
    -74.9199
    Latitude
    39.7843
    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
    $15,786
    $192,500
    $274,400
    $466,900
    -
    $192,500
    $274,400
    $466,900

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      134 Nj-73

      Restaurants • 1,200 SF
      134 Nj-73, Berlin, NJ 08009
      View Details
    • Value Estimation
      $280,000
      0.41 Acres

      150 White Horse Pike

      FINANCIAL BUILDING • 0.41 Acres
      150 White Horse Pike, Berlin, NJ 08009-2322
      View Details
    • Value Estimation by Request
      2.56 Acres

      247 White Horse Pike

      FINANCIAL BUILDING • 2.56 Acres
      247 White Horse Pike, Berlin, NJ 08009-1901
      View Details
    • Value Estimation by Request
      2.26 Acres

      164 White Horse Pike

      DRUG STORE, PHARMACY • 2.26 Acres
      164 White Horse Pike, Berlin, NJ 08009
      View Details
    • Value Estimation by Request
      12,628 SF

      Nj-73

      Individual retail properties • 12,628 SF
      0 Nj-73, Berlin, NJ 08009
      View Details
    • Value Estimation by Request
      10,640 SF

      26 Nj-73

      Individual retail properties • 10,640 SF
      26 Nj-73, Berlin, NJ 08009
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,200 SF

      Retail Property on White Horse Pike

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      Berlin Retail Investment Opportunity

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      0.52 Acres

      Berlin Retail Space: High Traffic Location

      Prime Retail Space, 1500 sq ft, High Visibility
      300 White Horse Pike, Berlin, NJ 08009
      View Details
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      Berlin Retail Space - High Visibility

      High-traffic location, ample parking, drive-thru.
      340 White Horse Pike, Berlin, NJ 08009
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      Corner Retail Investment Opportunity

      Corner property leased to Enterprise with high traffic volume.
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    Similar Nearby for Lease

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      Commercial Land For Rent

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    340 White Horse Pike
    Berlin, NJ 08009
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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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