703 Stokes RdMedford, NJ 08055

  • Other commercial real estate
  • 10,348 SF
For Sale

Property Details for 703 Stokes Rd

Year built
1950
Construction
FRAME
Lot size
0.97 AC
Property size (Sq ft)
10,348 SF
Zone code
CC
Property type
Other commercial real estate
APN
20 04802-0000-00006- 03
APU
200480200000000603

Description

This Medford, NJ office space offers a fantastic opportunity for businesses seeking a convenient and accessible location. Situated on a 0.97-acre lot at 703 Stokes Road, Unit #9, this second-story office is currently undergoing updates, including fresh paint in the common areas and upcoming flooring improvements. The unit itself boasts 12 offices and a total of 20 rooms, providing ample space for various business needs. Enjoy the benefits of 24-hour access, secure individual mailboxes, and ample parking in both front and rear lots. The property's central location provides easy access to a wide array of amenities, including a post office, office supply store, dry cleaners, restaurants, banks, and convenience stores. Its strategic location near major highways (I-295, Routes 38, 206, 73, 70, PA & NJ Turnpikes, and the Atlantic City Expressway) ensures seamless connectivity to central Philadelphia, the Jersey Shore, and New York City (within approximately 30 minutes, 1 hour, and 2 hours respectively). Proximity to key bridges (Ben Franklin, Walt Whitman, Tacony-Palmyra, Burlington/Bristol) and airports (Philadelphia International, Atlantic City International, and Trenton Airport) further enhances its accessibility. Nearby shopping destinations include the Promenade Shopping Center, Cherry Hill & Moorestown Malls, the Market Place at Garden State, and Centerton Square/Moorestown. This updated office space offers an affordable option at $300.00 per month.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,672,284
    Hospitality
    $2,447,798
    Educational
    $2,036,539
    Medical
    $2,106,579
    Retail
    $3,167,950
703 Stokes Rd, Medford, New Jersey

Location Insight

City
Medford
County
Burlington
State
New Jersey
Latitude
39.8676
Longitude
-74.8085
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
$18,775
$268,000
$309,700
$577,700
-
$268,000
$309,700
$577,700

FAQs

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