3133 Fire RdEgg Harbor Township, NJ 08234

  • Office properties
  • 4.16 AC
For Sale
$4,000,000 View listing

Property Details for 3133 Fire Rd

Lot size
4.16 AC
Zone code
RCD
Property type
Office properties
Property subtype
Office buildings
APN
08 02303-0000-00010
APU
802303000000010

Description

This exceptional Class A executive office building, located at 3133 Fire Road in Egg Harbor Township, New Jersey (08234), presents a unique investment opportunity. The 24,750-square-foot, two-story building sits on a fee-simple lot and is currently vacant, offering immediate occupancy. Boasting a modern design and high-end features, the property includes 112 parking spaces, multiple server rooms, and 19 HVAC units, ensuring comfort and functionality. The building is equipped with a state-of-the-art CAT 5 cabling system (approximately 25 miles), providing seamless connectivity throughout. Energy-efficient LED lighting and a backup diesel generator offer peace of mind. The adaptable layout allows for single-tenant occupancy or division into multiple units, catering to diverse business needs. Priced at $4,000,000 ($161.62/sq ft), this property represents a compelling investment in a prime New Jersey location. The building's features include scalable conference rooms with advanced technology and private offices ideal for team collaboration. This turnkey solution offers immediate potential for a thriving business or a savvy investor seeking a high-quality, well-maintained asset in a desirable market. The property is available for sale.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $58,376,580
    6.5%
    $53,886,076
    7%
    $50,037,068
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,676,898
    Geo Method
    $23,676,898
  • Alternative Use

    Use
    Valuation
    Residential
    $66,818,732
    Hospitality
    $61,205,600
    Educational
    $50,922,340
    Medical
    $52,673,636
    Retail
    $79,212,528
3133 Fire Rd, Egg Harbor Township, New Jersey

Location Insight

City
Egg Harbor Township
County
Atlantic
State
New Jersey
Latitude
39.3904
Longitude
-74.5657
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
$73,397
$582,400
$1,618,400
$2,200,800
-
$582,400
$1,618,400
$2,200,800

FAQs

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