910 New RdNorthfield, NJ 08225

  • Office properties
  • 0.18 AC
For Sale

Property Details for 910 New Rd

Construction
CONCRETE BLOCKS
Lot size
0.18 AC
Zone code
O-PB
Property type
Office properties
Property subtype
Office buildings
APN
18 00111-0000-00046
APU
1800111000000046

Description

This exceptional 1,700 square foot traditional office building is situated on a 0.185-acre lot in the heart of suburban Atlantic City, New Jersey. Located at 910 New Rd, Northfield, NJ 08225 (APN: 18-00111-0000-00046), this property presents a unique opportunity for businesses seeking energy-efficient and cost-effective workspace. The building boasts a roof-mounted solar system, significantly reducing gas and electric expenses, making it an environmentally conscious and financially advantageous choice. Its previous use as a credit union call center speaks to its suitability for a professional firm requiring ample space and efficient layout. The property's central location within the suburban Atlantic City area offers convenient access to major roadways and a thriving local community. This is an ideal opportunity to acquire a well-maintained, energy-efficient office building in a desirable location. The property is ready for immediate occupancy and presents a strong investment opportunity for discerning buyers. The building's size and features make it suitable for a variety of professional uses. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,561,083
    6.5%
    $2,364,076
    7%
    $2,195,214
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,038,747
    Geo Method
    $1,038,747
  • Alternative Use

    Use
    Valuation
    Residential
    $2,931,455
    Hospitality
    $2,685,197
    Educational
    $2,234,052
    Medical
    $2,310,885
    Retail
    $3,475,192
910 New Rd, Northfield, New Jersey

Location Insight

City
Northfield
County
Atlantic
State
New Jersey
Latitude
39.3773
Longitude
-74.5509
CBSA code
12100
CBSA name
ATLANTIC CITY, NJ 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
$9,641
$115,000
$161,100
$276,100
-
$115,000
$161,100
$276,100

FAQs

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