651 STOKES RD Medford, NJ 08055

$69,000
651 STOKES RD, Medford, NJ 08055

Commercial Property for sale in Medford, NJ

for $69,000. This 1,228 square foot building was built in 1954 on a lot size of 0.24 Acre(s).

Property Information

  • $69,000
  • Commercial
  • 1,228 Square Feet
  • Taxes are $3,605
  • Other / Unknown
  • Active
  • Lot size of 0.24 Acre(s)
  • Built in 1954
  • Medford, NJ
  • Burlington County
  • MLS/Web ID is 6671201

Description

This parcel is zoned Community Commercial, and is close to a quarter (.24) acre. The lot is 10, 454 Sq. Ft. Presently, there's a very dilapidated Residential Cape Cod house & garage, which are pretty much both tear downs. This is a fantastic opportunity to own a parcel of land on Stokes Road, directly across from Spott's Hardware, Daniels Restaurant and Otts Restaurant. It is strategically located along the business district which includes PJ Whelihan's Restaurant and Bar, Murphy's Grocery Store, McDonalds, Subway, Medford's Bowling Center, and many other restaurants & businesses. Obviously, any buyer would have to go to the township to request a use change. Medford is quite open to use changes, especially, along this sector...and, will support any potential business owner. This parcel is about 5 minutes from Route 70, and 10 minutes from Route 73....and about 15 minutes to the NJ Turnpike exit 4. Not to mention the short distance to many shore points. This location is a very short distance to many surrounding amenities such as the Promenade Shopping Center, Cherry Hill & Moorestown Malls, Restaurants, High End Shops, and close proximity to Center Philadelphia.

Interior 2

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 2

Exterior

  • Other

Lot Description

  • Level/Flat

Miscellaneous 2

Commercial

  • Sale Includes Building & Land

Location

  • Suburban
  • Urban

† Excluded Feature

Neighborhood & Schools

School District: Medford Twp

 See complete school information

Listed By

Listing Agent: James "Jim" L. Moffa
Broker: Weichert Realtors
Office: Marlton
Phone: (609) 458-3711

651 STOKES RD, Medford, NJ, 08055 is a Commercial Property for sale at $69,000 with 1,228 sqft and a lot size of 0.24 Acre(s). 651 STOKES RD was built in 1954. The property's zip code is 08055 which is in Medford, NJ

Pricing History

Date Price Price Change Description
6/21/2016 $69,000 -12.66 % Price Change
3/28/2016 $79,000 -7.06 % Price Change
11/6/2015 $85,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Medford $496,799 620 % above $372,500 440 % above
Commerical listings in Medford $438,636 536 % above $299,900 335 % above
Sold listings in Medford $340,280 393 % above $335,000 386 % above

Get the facts about Medford, NJ!

Population 23,302
Population Growth (since 2000) 5 %
Median Income $109,468
Median Age 45.57
Households w/ Children 34 %

Residential Dwellings

  • Owned 7169
  • Vacant 332
  • Rented 1216

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