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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    76 Main St Harrison Township, NJ 08062

    • Commercial real estate
    • 0.74 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-0785849
    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

    • J. Downs Law / Law Firm

    Property Details for 76 Main St

    Lot size
    0.74 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.74-acre commercial property is situated in Mullica Hill's historic Main Street district. The property includes a meticulously maintained house featuring a gourmet kitchen with stainless steel appliances and unique cabinetry, multiple bedrooms, a working brick fireplace, and hardwood floors. The expansive grounds boast a newly built garage with an American-made lift and cabinetry, an inground heated pool with a copper-roofed outdoor TV and multiple waterfalls, a Koi pond, fountains, a pergola, gazebo, and various meticulously landscaped gardens with statuary and pathways. The property offers ample space for entertaining and features numerous architectural details, including French doors and sliding barn doors. The property's location within the Clearview school district provides convenient access to Philadelphia International Airport, Rowan University, Inspira Hospital, and major roadways. The property is zoned for both residential and professional use, presenting diverse development possibilities. The house has potential for interior renovations, including raising ceilings in several rooms. The asking price is $795,000, and partial seller financing may be available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrison Township
    County
    34015
    State
    New Jersey
    Longitude
    -75.2244409
    Latitude
    39.7301615

    Comparable in this City

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      Expansive Land Parcel in Mullica

      26.15-acre parcel ideal for residential or agricultural development.
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    • $3,000,000
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      Mullica Hill Waterfront Land Parcel

      20-acre lakefront land parcel in Mullica Hill, New Jersey.
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    • $549,900
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      7.38 Acres in Mullica Hill

      Scenic 7.38-acre parcel for estate or subdivision development.
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      38.74 Acres

      Tomlin Station Commerce Center Land

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    • $399,890
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      Approved Lot in Mullica Hill

      1.9 acre lot approved for residential and commercial uses.
      503 Bridgeton Pike, Mullica Hill, NJ 08062
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    • $749,999
      28.00 Acres

      28-Acre Vineyard Property For Sale

      28-acre vineyard with approved facility build and residential lot.
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    Similar Nearby for Sale

    • $549,900
      7.38 Acres

      7.38 Acres in Mullica Hill

      Scenic 7.38-acre parcel for estate or subdivision development.
      549 Clems Run, Mullica Hill, NJ 08062
      View Details
    • $2,000,000
      26.15 Acres

      Expansive Land Parcel in Mullica

      26.15-acre parcel ideal for residential or agricultural development.
      305 Fislerville Rd, Mullica Hill, NJ 08062
      View Details
    • $3,000,000
      20.00 Acres

      Mullica Hill Waterfront Land Parcel

      20-acre lakefront land parcel in Mullica Hill, New Jersey.
      337 Ewan Rd, Mullica Hill, NJ 08062
      View Details
    • Contact for pricing
      38.74 Acres

      Tomlin Station Commerce Center Land

      38 Acres Industrial Land in NJ
      8 Burton Ln, Harrison Township, NJ 08062
      View Details
    • $399,890
      1.90 Acres

      Approved Lot in Mullica Hill

      1.9 acre lot approved for residential and commercial uses.
      503 Bridgeton Pike, Mullica Hill, NJ 08062
      View Details
    • $749,999
      28.00 Acres

      28-Acre Vineyard Property For Sale

      28-acre vineyard with approved facility build and residential lot.
      101 Griffin Rd, Mullica Hill, NJ 08062
      View Details

    Similar Nearby for Lease

    • $2,400 /Mo
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      Downtown Mullica Hill Commercial Space

      2,000 sq ft space in historic downtown Mullica Hill.
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    • Contact for pricing
      45,500 SF

      Swedesboro Road Retail Center

      Grocery-anchored shopping center in Mullica Hill, NJ
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    • $18 SF/Yr
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      Prime Retail Space in Mullica

      Storefront retail space in the heart of Mullica Hill.
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    • $18 SF/Yr
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      Prime Mullica Hill Retail Space

      1,950 SF Storefront, Immediate Occupancy
      50 Main St, Harrison Township, NJ 08062
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    • $1,800 /Mo
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      Mullica Hill Commercial Office Space

      Office space in fast-growing Mullica Hill, ideal for professionals.
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    • $23 SF/Yr
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      Medical Office Space Available

      2,317 SF medical office space for lease.
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    76 Main St
    Harrison Township, NJ 08062
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    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
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