62 Br St Medford, NJ 08055-2715
PPE Park/Public/Education. [ Ord. No. 1992-1 § 2; Ord. No. 1993-17 ; Ord. No. 1996-4 § 2; Ord. No. 16 § 17; Ord. No. 1997-17 §§ 2, 3; Ord. No. 1999-25 § 2; Ord. No. 2008-04 § 1] Principal Permitted Uses on the Land and in Buildings. Educational and Recreational Activities, including the operation of public and private elementary school facilities and quasi-p…
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PPE · Medford, NJPPE Park/Public/Education. [ Ord. No. 1992-1 § 2; Ord. No. 1993-17 ; Ord. No. 1996-4 § 2; Ord. No. 16 § 17; Ord. No. 1997-17 §§ 2, 3; Ord. No. 1999-25 § 2; Ord. No. 2008-04 § 1] Principal Permitted Uses on the Land and in Buildings. Educational and Recreational Activities, including the operation of public and private elementary school facilities and quasi-public campground activities, as well as municipal buildings, churches, libraries and open space, parks and parkland and municipal infrastructure. Affordable age-restricted and disabled housing north of Union Street between Main Street and Jones Road, in accordance with the standards set forth in Subsection H of this section. A PPE District with a Community Services (CS) Overlay is located west of County Route 541 at Church Road. The CS Overlay accommodates and manages the planned expansion of permitted PPE uses. [Amended 3-10-2009 by Ord. No. 2009-4 ] The PPE with Community Services Overlay (PPE/CS) provides for expansion of uses permitted in the PPE District to increase opportunities to better serve the Medford Township community. This expansion of uses includes the temporary provision of primary shelter in cases of emergency; COAH-approved supportive and special needs housing which may be partnered with specific farming activities for occupational training; and public/private partnerships for recreation uses and parking. Landscaping shall be provided within the front, side and rear yard areas to adequately screen on-site uses from adjacent residential uses and adjoining roadways. Existing vegetative screening and buffering shall be preserved where possible and supplemented to the satisfaction of the reviewing Board in accordance with Ordinance § 516 . [Amended 3-10-2009 by Ord. No. 2009-4 ] Accessory Uses Permitted. Usual Recreational Facilities. Off-Street Parking (see § 409.F hereinbelow and § 520 ). Fences and Walls (see § 513 ). Public Garages and Storage Buildings. Signs (see § 526 ). [Amended 3-5-2013 by Ord. No. 2013-1 ] Satellite Dish Antennas (see § 501 for standards). One temporary Construction Trailer not exceeding 750 square feet in area plus one sign not exceeding 50 square feet in area and advertising the names of the prime contractor, architect, subcontractor(s), financing institution and similar information. Any permitted temporary trailer and sign shall be located on the site where construction is taking place and shall be set back at least 10 feet from all street and lot lines.
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.