15 Queen StLumberton, NJ 08048

  • Commercial real estate
  • 0.15 AC
For Sale
$215,000 View listing

Property Details for 15 Queen St

Year built
1956
Construction
CONCRETE BLOCKS
Lot size
0.15 AC
Zone code
H/A
Property type
Commercial real estate
APN
17 00002- 01-00006
APU
17000020100006

Description

This fee-simple industrial property in Lumberton, NJ, offers a rare value-add opportunity. The 2,000-square-foot building, constructed in 1956, sits on a 0.15-acre lot (6,477 square feet) and features a single-story structure with a 7-8-foot ceiling height. Currently configured as a novelty glass jar manufacturing facility, the space includes a 22'x17' assembly room, a 12'x18' shipping room, a 20'x29' packing area, and multiple offices totaling approximately 540 square feet, plus a restroom. The building boasts two overhead drive-in garage doors, a pull-down attic staircase, a newer HVAC system, and a metal roof coated approximately 5-7 years ago. The property offers potential for various uses, including continued manufacturing, contractor spaces, or professional offices, subject to township approvals and variances. The 0.15-acre lot provides ample space for parking or potential expansion. The property's strategic location offers easy access to major roadways including Routes 38, 70, 541, I-295, and is approximately 30 minutes from Center City Philadelphia, an hour from the Jersey Shore and New York City. The property is being sold "as is," with the buyer responsible for all inspections, certifications, and necessary municipal approvals. Six parking spaces are available. The asking price is $215,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,670,564
    Hospitality
    $1,530,227
    Educational
    $1,273,131
    Medical
    $1,316,916
    Retail
    $1,980,426

Location Insight

City
Lumberton
County
Burlington
State
New Jersey
Latitude
39.9654
Longitude
-74.8078
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
$2,890
$50,000
$68,200
$118,200
-
$50,000
$68,200
$118,200

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