107 Taunton BlvdMedford, NJ 08055

  • Office properties
  • 10,507 SF
For Lease
$14/SF/YR View listing

Property Details for 107 Taunton Blvd

Year built
1971
Construction
FRAME
Lot size
0.78 AC
Property size (Sq ft)
10,507 SF
Zone code
CC
Property type
Office properties
Property subtype
Office buildings
APN
20 03202- 01-00001- 06
APU
2003202010000106

Description

This exceptional Class B office building, located at 107 Taunton Blvd in Medford, New Jersey, 08055, offers a variety of executive office suites for lease. The property boasts a total of 10,507 square feet, divided into five individual suites. Currently, 4,233 square feet of contiguous space is immediately available, perfect for a growing business or a company seeking to relocate. Smaller spaces are also available, with a minimum divisible space of 919 square feet, providing flexibility for various tenant needs. The building is well-maintained and offers ample parking with 30 spaces available for tenants and their guests. The location in Medford, New Jersey provides easy access to major transportation routes, making commuting convenient. This is an excellent opportunity to secure high-quality office space in a desirable location. The property is suitable for multiple tenants, offering a range of sizes to accommodate diverse business requirements. Interested parties are encouraged to inquire about lease terms and availability. The address is easily accessible and conveniently located within Medford, NJ. This property presents a unique opportunity to establish a strong business presence in a thriving community. The available space offers a blend of functionality and convenience, making it an ideal choice for businesses seeking a productive and comfortable work environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,954,027
    6.5%
    $2,726,794
    7%
    $2,532,023
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,372,845
    Geo Method
    $1,372,845
  • Alternative Use

    Use
    Valuation
    Residential
    $3,381,225
    Hospitality
    $3,097,184
    Educational
    $2,576,820
    Medical
    $2,665,442
    Retail
    $4,008,388
107 Taunton Blvd, Medford, New Jersey

Location Insight

City
Medford
County
Burlington
State
New Jersey
Latitude
39.869
Longitude
-74.8453
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
$24,375
$203,100
$546,900
$750,000
-
$203,100
$546,900
$750,000

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