Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4461 Rte 42 Turnersville, NJ 08012-1711
    Back to Search
    Property profile & analytics

    4461 Rte 42, Turnersville, NJ 08012-1711

    View on Map
    • Commercial real estate
    • 11,288 SF
    • 1.10 lot acres
    Off-Market
    Last Sale Jun 9, 2022
    $1,500,000
    Property ID
    US59-1644152
    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.
    Value Estimations
    $1,505,000
    Show details
    Cap Rate Potential
    7.4%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4461 Rte 42

    Year built
    1940
    Lot size
    1.10 lot acres
    Zone code
    HC
    Property type
    Commercial real estate
    APN
    18 00114-0000-00001
    APU
    1800114000000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 4, 2022 — A & J Brothers LLC — Deed · related $619k · Trenton Business Assistace Corp
    Jun 9, 2022 $1,500,000 A&j Brothers LLC Minarik Corporation Bargain And Sale Deed $750k · Fulton Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,680,000
      ML approach
      $1,615,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,075,000
      6.5%
      $1,915,000
      7%
      $1,780,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $949,000
      Market price range: $949k - $1.96M
      AI Estimate
      $1,231,000
      Market price range: $1.23M - $2.42M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,570,000
      Current use
      INDUSTRIAL (GENERAL)
      $1,635,000
      Change: +4% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Turnersville
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.0452
    Latitude
    39.7418
    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
    $20,758
    $287,500
    $309,500
    $597,000
    -
    $287,500
    $309,500
    $597,000

    Comparable in this City

    • Value Estimation by Request
      2.19 Acres

      129 Johnson Rd

      COMMERCIAL (GENERAL)
      129 Johnson Rd, Blackwood, NJ 08012-1777
      View Details
    • Value Estimation by Request
      0.50 Acres

      571 Rte 168

      COMMERCIAL (GENERAL)
      571 Rte 168, Blackwood, NJ 08012-1458
      View Details
    • Value Estimation by Request

      111 Sicklerville Rd

      COMMERCIAL (GENERAL)
      111 Sicklerville Rd, Blackwood, NJ 08012
      View Details
    • Value Estimation by Request
      0.14 Acres

      14 Fairfax Ave

      Commercial real estate
      14 Fairfax Ave, Blackwood, NJ 08012
      View Details
    • Value Estimation by Request

      4870 Rte 42

      COMMERCIAL CONDOMINUIM
      4870 Rte 42, Blackwood, NJ 08012-1705
      View Details
    • Value Estimation by Request
      0.04 Acres

      7 Black Horse Pike

      COMMERCIAL (GENERAL)
      7 Black Horse Pike, Blackwood, NJ 08012-2952
      View Details

    Similar Nearby for Sale

    • $1,849,000
      12,000 SF

      Blackwood NJ Warehouse - 12,000 SF

      Modern warehouse, office space, & ample parking.
      511 Route 168, Blackwood, NJ 08012
      View Details
    • $399,950
      1,417 SF

      Turnersville Commercial Investment Opportunity

      Versatile 1+ Acre Commercial Property
      5 Irvin Ave, Turnersville, NJ 08012
      View Details
    • Contact for pricing
      25,261 SF

      Renovated Office/Flex Building For Sale

      Uniquely designed, renovated office/flex building with high-end finishes.
      503 S Black Horse Pike, Blackwood, NJ 08012
      View Details
    • Contact for pricing
      5,722 SF

      Blackwood Office Building For Sale

      Office building with 5,722 SF on 1.67 acres.
      943 Little Gloucester Rd, Blackwood, NJ 08012
      View Details
    • $189,900

      Commercial Office Condo For Sale

      Two-story office condo with income potential in Washington Professional Campus.
      900 Route 168, Blackwood, NJ 08012
      View Details
    • $499,900
      2,700 SF

      100 Black Horse Pike, Blackwood, NJ 08012

      Mixed-use properties
      100 Black Horse Pike, Blackwood, NJ 08012
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Multi-Tenant Office/Warehouse Complex For Rent

      Multi-tenant office/warehouse complex with highway visibility and convenient access.
      1001 Lower Landing Rd, Blackwood, NJ 08012
      View Details
    • $2,900 /Mo
      18,731 SF

      Turnersville Office Space For Lease

      Two-story office building in high-traffic location available for lease.
      3121 Black Horse Pike, Turnersville, NJ 08012
      View Details
    • Contact for pricing
      34,000 SF

      New Flex Space For Lease

      Proposed flex building with loading docks near major routes.
      648 Lower Landing Rd, Blackwood, NJ 08012
      View Details
    • New
      $1,350 /Mo

      Office Space on Black Horse Pike

      Second floor office unit available for lease in Woodbury.
      901 Route 168, Woodbury, NJ 08012
      View Details
    • $7,792 /Mo

      Retail Space For Rent

      Retail space available for lease in Blackwood, New Jersey.
      511 Route 168, Blackwood, NJ 08012
      View Details
    • $400 /Mo

      Professional Offices in Blackwood, NJ

      Small office spaces suitable for various professionals in Blackwood, NJ.
      900 Route 168, Blackwood, NJ 08012
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4461 Rte 42
    Turnersville, NJ 08012-1711
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4461 Rte 42, Turnersville, NJ, 08012
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!