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Property profile & analytics
OFF-MARKET Estimated value $2,445,000
Commercial real estate

6 Broad St Woodbury, NJ 08096-4635

31,730 SF 0.82 ac lot
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-1416801
Property summary
AI-generated overview

This exceptional three-story office building, situated in the heart of Woodbury, NJ, offers a fantastic opportunity for businesses seeking a prestigious and convenient location. The Brown & Connery Building at 6 North Broad Street boasts a total of 35,000 square feet, with 1,850 square feet currently available for lease. This space is ideal for a variety of uses, including traditional, executive, creative, medical, or professional offices. The building's prime location offers easy access to key amenities, including Inspira Hospital, the Court House extension, LA Fitness, and the University of Pennsylvania Health System, ensuring a convenient and accessible work environment for employees and clients alike. The building features assigned under-building parking, providing ample and secure parking for tenants. Additional free parking is also available in a nearby garage. The building's multiple tenancy structure allows for a diverse and vibrant professional community. The available 1,850 square feet of contiguous space presents a unique opportunity for a business seeking a well-appointed and strategically located office in a thriving area. This is a rare opportunity to secure a space in a highly desirable building within a bustling commercial center.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction METAL FRAME
Total area 31,730 SF
Lot 0.82 ac (35,545 SF)
APN 22 00117-0000-00003- 01
UPID US59-1416801
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.33M
Blend (final) Blend
$2.45M
Owner & transaction history
Lawland Associates LLP · 23 yrs held
Lawland Associates LLP
since 2002
4 recorded transactions
2006
Price N/A
2002
$2.4M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $4.6M +28.2%
Office building $4.1M +15.3%
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