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Property profile & analytics

364 S Broadway Pennsville, NJ 08070

  • Commercial real estate
  • 0.28 lot acres
For Sale
Last Sale
Jan 27, 2020
$72,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-0636965
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

  • Bird's Eye Family Success Center / Community Center

Property Details for 364 S Broadway

Year built
1964
Construction
BRICK
Lot size
0.28 lot acres
Zone code
2
Property type
Commercial real estate
APN
09 04002-0000-00017
APU
904002000000017

Description

This exceptional investment opportunity presents a 3,025 square foot, two-story office building located at 364 S Broadway, Pennsville, NJ. Situated on a 0.28-acre lot, the property boasts a strong, long-term lease with a non-profit tenant, ensuring consistent income. The lease is currently in effect and extends through June 2028. The building features a spacious reception area, multiple offices, and classrooms, all in excellent condition. The property includes a private parking lot for convenient access and is fully handicap accessible. The tenant is responsible for all utilities, including sewer, water, gas, electric, cable, and phone services, minimizing the owner's operational expenses. This turnkey investment offers a secure and profitable opportunity for a discerning buyer seeking a stable income stream in a well-maintained property. The building's location in Pennsville Township provides easy access to major transportation routes and local amenities. This is a rare chance to acquire a fully leased, income-generating asset with a long-term lease in place, offering significant potential for return on investment. The property is ready for immediate ownership and income generation.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Pennsville
County
Salem
State
New Jersey
Longitude
-75.514
Latitude
39.6356
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
$7,131
$54,000
$96,000
$150,000
-
$54,000
$96,000
$150,000
More about this property
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