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1637 New Rd
Northfield, NJ 08225
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Fully Leased with a Mix of Businesses That Include a Learning Academy, Salon & Spa, Beauty Wax Bar, Yoga Studio, Therapist, and Autism Center
  • Located Along a Corridor that Includes Such National Tenants as Walgreens, McDonald’s, TD Bank, and Firestone, as well as Many Local Businesses
  • Situated Just 4-Miles from the NJ Shore Town of Margate City a Popular Beach Destination Attracting Numerous Visitors Annually
  • Each Tenant has 1-Year Remaining on Their Lease Term and No Options Providing Upside for Potential Investors
  • Located on a Heavily Trafficked Section of U.S. Highway 9 (New Road) Which Sees More Than 16,050 Vehicles Passing Daily
  • Subject Property is Strategically Positioned within 10-Miles from Atlantic City Home to 9 Casinos Making it the Casino Capital of the East Coast

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
3,035 SF
Building Class
B
Year Built
1955
Price
$966,368 CAD
Price Per SF
$318.41 CAD
Cap Rate
8.62%
NOI
$83,288 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,012 SF
Building FAR
0.30
Lot Size
0.23 AC
Zoning
O-PB - Office - Professional Business
Parking
12 Spaces (3.95 Spaces per 1,000 SF Leased)

AMENITIES

  • Basement
  • Central Heating
  • Shower Facilities
  • Air Conditioning
  • Listing ID: 36871769

  • Date on Market: 2025-07-22

  • Last Updated:

  • Address: 1637 New Rd, Northfield, NJ 08225

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