114 Hanover StPemberton, NJ 08068

  • Other commercial real estate
  • 1,288 SF
For Sale
$300,000 View listing

Property Details for 114 Hanover St

Year built
1940
Construction
BRICK
Lot size
0.12 AC
Property size (Sq ft)
1,288 SF
Property type
Other commercial real estate
APN
28 00501-0000-00005
APU
2800501000000005

Description

This exceptional 1,288 square foot retail property, situated on a 0.12-acre lot at 114 Hanover Street in Pemberton, NJ, presents a compelling investment opportunity. Currently configured as a retail space, the property boasts a versatile layout ideal for a variety of commercial uses. The existing structure includes two half bathrooms and a loft-style office area, providing ample space for both customer interaction and administrative functions. Its strategic location offers unparalleled convenience, with close proximity to Joint Base McGuire-Dix-Lakehurst and Deborah Heart and Lung Center, ensuring high visibility and accessibility to a substantial customer base. Furthermore, the property benefits from its placement within an aggressive fast-track redevelopment zone, signifying significant potential for future growth and appreciation. This presents a unique chance to capitalize on the area's revitalization efforts and establish a thriving business in a dynamic and expanding community. The asking price of $300,000 reflects the property's considerable potential and prime location. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this chance to own a piece of Pemberton's vibrant future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $332,001
    Hospitality
    $304,111
    Educational
    $253,017
    Medical
    $261,718
    Retail
    $393,581
114 Hanover St, Pemberton, New Jersey

Location Insight

City
Pemberton
County
Burlington
State
New Jersey
Latitude
39.9716
Longitude
-74.683
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
$3,273
$15,000
$113,800
$128,800
-
$15,000
$113,800
$128,800

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