131 S 2Nd Road Hammonton, NJ $ 1,750,000
131 S 2Nd Road
$ 1,750,000
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131 S 2Nd Road

Hammonton, NJ, 08037
$ 1,750,000
Baths0.0 Sq 14,200

Monthly Estimate*

$ 12,224

131 S 2Nd Road, Hammonton, NJ 08037 - Image 1
131 S 2Nd Road, Hammonton, NJ 08037 - Image 2
131 S 2Nd Road, Hammonton, NJ 08037 - Image 3
131 S 2Nd Road, Hammonton, NJ 08037 - Image 4
Studio

Commercial Property for sale in Hammonton, NJ

for $1,750,000. This 14,200 square foot building was built in 1492 on a lot size of 3.06.

GREAT INVESTMENT -- 100% LEASED. 131 S 2nd Rd, Hammonton. 14,200 sqft of flex / light industrial space. There are two units: Suite 100 is7,865 sqft has been leased long-term, and commenced September 2022. Suite 200 is 6,336 sqft and is leased long term, commencing March2023. A 3rd Lease for trailer storage on the site has also been commenced March 2023. The Owner's updated Proforma indicates $137,000+-NOI expected (7.8% CAP Rate).

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Commercial Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 24,761

Style

Warehouse,Flex

Lot Size

3.06

Year Built

1492

Town/City

Hammonton

County/Region

Atlantic

MLS | Web ID

NJAC2011354

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air Radiant
Cooling Central A/C
Possession Subject to Existing Lease
Zoning INDUSTRIAL PARK
Construction Materials Block
Year Built 1492
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality HAMMONTON TOWN
Business Type Warehouse Flex Other
Accessibility None
County ATLANTIC
Net Operating Income 137000.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Route 54/206 to intersection of 2nd Road turn East to #131 S 2nd Rd (Tenants are Globall Glass & Flyers Academy). Do not disturb Tenants without being accompanied for an appointment.
City HAMMONTON
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Hammonton Town (20113)
Lot Size Square Feet 133498.00
Waterfront Y/N N
Street Name 2ND
Tax Annual Amount 24761.0
Price Per Sq Ft 123.24
Vacation Rental Y/N N
Days on Market 52
Standard Status Active
Year Built Source Estimated
Tax Lot 00055
Cap Rate 7.80
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 14200.00
Lot Dimensions 300.00 x 445.00
Lot Size Acres 3.06
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 132400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 131
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* Excluded Features
List By
Balsley-Losco Realtors

Broker

suthardrealestate@gmail.com

Email

Affordability Calculator

$14,288
Per Month
86%
14%
0%
Monthly Principal & Interest
$12,224
Monthly Property Taxes
$2,063
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2024$1,750,000 Listed Price

Map


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131 S 2Nd Road, Hammonton, NJ, 08037 is a Commercial Property for sale at $1,750,000 with 14,200 sqft and a lot size of 3.06. 131 S 2Nd Road is a studio with 0.0 baths and was built in 1492. The property's zip code is 08037 which is in Hammonton, NJ