501 TANSBORO ROAD, Berlin, NJ 08009
Commercial Property 
Built in 1988 
3.6acre lot
—— car garage 
$——/sqft 
Listed 7 months ago
Property Description
A 4,000-square-foot commercial/retail building on 3.6 acres, located at the intersection of Tansboro and Taunton Roads in Winslow Township. It has the potential for an expansion of more than 2,000 square feet. New construction is underway near a residential complex with 142 single-family homes and 139 townhomes, and move-ins are expected to begin this year. When that happens, the value of this property is likely to increase. Currently, this property houses a pizza shop, a convenience store, and a dry cleaner. One of these tenants is renting below market rate, and if adjusted to market rate upon renewal in January 2027, a cap rate of approximately 7% could be achieved.
- Listing Status:
- Active
- Date Added:
- November 13, 2024 at 06:00AM
- Listing Office:
- Realty Mark Advantage : 8564574900
- Listing Agent:
- Jukab Seo : 8569122777
- MLS ID:
- NJCD2079864
- A/C: Central A/C
- Heating: YForced AirNatural Gas
- Disability Feature: None
This listing courtesy of Jukab Seo, Realty Mark Advantage
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Winslow Township Elementary School 5
130 Oak Leaf Rd, Berlin, NJ, 08009
Grades 4-6
3.41 miles away
Winslow Middle School
30 Cooper Folly Rd, Atco, NJ, 08004
Grades 7-8
1.63 miles away
Winslow High School
10 Cooper Folly Rd, Atco, NJ, 08004
Grades 9-12
1.76 miles away
