108 Swedesboro RdHarrison Township, NJ 08062

  • Commercial real estate
  • 5.15 AC

Property Details for 108 Swedesboro Rd

Lot size
5.15 AC
Zone code
C1
Property type
Commercial real estate
APN
08 00063-0000-00005
APU
800063000000005

Description

This exceptional 45,500 square foot shopping center, located at 108 Swedesboro Road in Harrison Township, New Jersey (zip code 08062), presents a compelling investment opportunity. Built in 2008, the property boasts a prime location in the thriving Mullica Hill community and features a C-1 zoning designation. The center currently offers multiple tenancies, with a total of 160 parking spaces available for customer convenience. The property sits on a sizable 5.15 acres of land, providing ample space and potential for future expansion or redevelopment. Currently, there is 8,400 square feet of vacant space available, presenting a unique opportunity for a new tenant to establish a presence in this well-established center. The property's former Rite Aid location is available for lease. The property's address is 108 Swedesboro Rd, Harrison Township, NJ 08062, and its APN is 08-00063-0000-00005. This grocery-anchored center offers strong potential for both immediate income generation and long-term appreciation. The strategic location and existing infrastructure make this a highly desirable property for investors seeking a stable and growing retail investment in a vibrant New Jersey market. The ample parking and convenient access further enhance the property's appeal to both tenants and customers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $72,303,776
    Hospitality
    $66,229,868
    Educational
    $55,102,472
    Medical
    $56,997,532
    Retail
    $85,714,960

Location Insight

City
Mullica Hill
County
Gloucester
State
New Jersey
Latitude
39.7442
Longitude
-75.2254
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
$181,186
$1,400,500
$4,254,500
$5,655,000
-
$1,400,500
$4,254,500
$5,655,000

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