648 White Horse PikeHammonton, NJ 08037

  • Commercial real estate
  • 0.72 AC
For Sale
$779,000 View listing

Property Details for 648 White Horse Pike

Construction
TYPE NOT SPECIFIED
Lot size
0.72 AC
Zone code
PC3
Property type
Commercial real estate
APN
36 07606-0000-00010- 01
APU
360760600000001001

Description

This exceptional 10,800-square-foot flex industrial property in Hammonton, NJ, presents a compelling investment opportunity. Located at 648 White Horse Pike, this single-story, 1950-built building (renovated in 2019) sits on a 0.718-acre lot and boasts a Class B rating. Currently vacant, the property offers 10,800 square feet of net rentable space, including a main floor and basement area ideal for storage, plus an 800-square-foot office. Features include a 20-24' ceiling height, one loading dock, and recent upgrades such as new solar panels (with NJSREC monthly reimbursement), a comprehensive security camera system, and a fire alarm directly connected to the fire department. The property is zoned for commercial use and offers excellent visibility and access within Atlantic County. The asking price is $779,000 ($72.13/sq ft), with a reported NOI of $14,400. Seller financing may be available. This represents a strong value-add opportunity for owner-users or investors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,534,076
    Hospitality
    $10,565,152
    Educational
    $8,790,082
    Medical
    $9,092,387
    Retail
    $13,673,461

Location Insight

City
Hammonton
County
Camden
State
New Jersey
Latitude
39.6732
Longitude
-74.8257
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,346
$58,300
$141,200
$199,500
-
$58,300
$141,200
$199,500

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