431 White Horse Pike Magnolia, NJ 08049-1452
This exceptional Magnolia, New Jersey commercial property, located at 431 N White Horse Pike, presents a unique investment opportunity. The approximately 3000 square foot building, constructed in 1955, sits on a prime corner lot and includes a second, irregular lot (52 x 151 feet) fronting Ashland Avenue (Block 4, Lots 16 & 15). The property boasts flexible office space ideal for various uses, including professional offices, retail, restaurants, or places of worship. The first floor (1500 sq ft) offers a large, versatile office space, a half-bath, break area, and utility/storage room. A spacious second-floor apartment (1500 sq ft) features a formal living room, dining room, eat-in kitchen, three large bedrooms, and a full bath. Hardwood floors grace the main living areas, while the kitchen and bath are tiled. The property includes ample parking with a fenced-in rear lot accommodating 20+ cars, plus additional side street parking. Three private entrances, 200-amp electric service, updated gas heat, and central air conditioning enhance its appeal. This two-story building offers separate utilities for optimal efficiency. Its excellent location and high visibility ensure strong potential for any business. The asking price is $365,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.