199 Bridgeton Fairton RdBridgeton, NJ 08302

  • Commercial real estate
  • 21.30 AC
For Sale
$500,000 View listing

Property Details for 199 Bridgeton Fairton Rd

Lot size
21.30 AC
Zone code
PBI
Property type
Commercial real estate
APN
05 00028- 06-00017
APU
5000280600017

Description

This exceptional 21.3-acre commercial property located at 199 Bridgeton Fairton Road, Bridgeton, NJ, presents a unique investment opportunity. The property boasts a 3,000 square foot building, offering significant potential for a variety of commercial uses. Its strategic location in Bridgeton, NJ positions it to capitalize on the anticipated growth in South Jersey's agricultural sector, creating strong demand for related services, processing facilities, and logistics hubs. The expansive acreage provides ample space for development and expansion, allowing for customization to meet specific business needs. This property represents a rare chance to establish a presence in a burgeoning market, poised for significant future development. The existing building provides immediate utility, while the substantial land area offers considerable flexibility for future construction or expansion projects. This is an ideal location for businesses seeking to establish a foothold in a rapidly developing region of South Jersey. The property is priced at $500,000 and offers a compelling return on investment for forward-thinking entrepreneurs and investors. Don't miss this chance to secure a prime piece of South Jersey commercial real estate. Contact us today to learn more and schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $296,095,000
    6.5%
    $273,319,000
    7%
    $253,796,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $121,230,000
    Geo Method
    $121,230,000
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $501,878,000
    Retail / Commercial
    $264,452,000
    Mixed-Use / Specialty
    $269,097,000
    Hospitality / Lodging
    $204,703,000
    Office
    $273,319,000
    Institutional / Educational
    $281,750,000
    Residential Income
    $329,647,000
    Multifamily
    $364,382,000
    Automotive / Energy
    $241,500,000
    Parking / Income-Based Land
    $77,817,700
    Restaurant / Food Service
    $151,885,000
    Healthcare / Senior Housing
    $270,224,000

Location Insight

City
Bridgeton
County
Cumberland
State
New Jersey
Latitude
39.3984
Longitude
-75.219
CBSA code
47220
CBSA name
VINELAND-MILLVILLE-BRIDGETON, 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
$5,638
$180,000
$25,000
$205,000
-
$180,000
$25,000
$205,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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