398 Hook RdPennsville Township, NJ 08070

  • Other commercial real estate
  • 1,492 SF
For Sale
$250,000 View listing

Property Details for 398 Hook Rd

Year built
1900
Construction
FRAME
Lot size
0.73 AC
Property size (Sq ft)
1,492 SF
Zone code
4
Property type
Other commercial real estate
APN
09 00701-0000-00011
APU
900701000000011

Description

This exceptional commercial property, located at 398-400 N Hook Road in Pennsville, New Jersey, presents a compelling investment opportunity. Spanning 0.8 acres, the property boasts two buildings totaling 2,000 square feet of usable space, offering remarkable flexibility for a diverse range of commercial ventures. The layout is adaptable to various needs, accommodating retail, office, or light industrial operations. Ample parking is provided with over 30 spaces, ensuring convenience for both employees and customers. Operational efficiency is enhanced by the inclusion of loading docks and multiple access points. The interior features a blend of open floor plans and private office spaces, catering to diverse business configurations. The property is zoned for commercial use, supporting a wide array of business activities. Its prime location on a high-traffic road offers excellent street frontage and visibility, ensuring strong potential for customer attraction. Convenient access to major roadways, including Route 295 and the New Jersey Turnpike, enhances connectivity and accessibility. The surrounding area is a thriving business hub, featuring neighboring commercial establishments, restaurants, and residential communities, contributing to a steady flow of potential clients and foot traffic. The substantial land area allows for future expansion or redevelopment, making this an ideal investment for businesses seeking growth or diversification. This property offers a unique blend of location, size, and versatility, making it a truly exceptional commercial opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $729,851
    Hospitality
    $668,540
    Educational
    $556,217
    Medical
    $575,347
    Retail
    $865,227
398 Hook Rd, Pennsville Township, New Jersey

Location Insight

City
Pennsville
County
Salem
State
New Jersey
Latitude
39.6724
Longitude
-75.4866
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
$7,041
$85,300
$62,800
$148,100
-
$85,300
$62,800
$148,100

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