Property
Berlin, NJ 08009 501 Tansboro Road
$995,000
2 more
Presented By: Realty Mark Advantage
SQFT • 4,000
Home Details
A 4,000-square-foot commercial/retail building on 3.6 acres, located at the intersection of Tansboro and Taunton Roads in Winslow Township. It has the potential for an expansion of more than 2,000 square feet. New construction is underway near a residential complex with 142 single-family homes and 139 townhomes, and move-ins are expected to begin this year. When that happens, the value of this property is likely to increase. Currently, this property houses a pizza shop, a convenience store, and a dry cleaner. One of these tenants is renting below market rate, and if adjusted to market rate upon renewal in January 2027, a cap rate of approximately 7% could be achieved.
Presented By: Realty Mark Advantage
Interior Features for 501 Tansboro Road
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 501 Tansboro Road
AccessibilityNone
Business TypeConvenience Store/Gas, Other/General Retail, Other
CityBERLIN
Construction MaterialsBlock, Masonry, Stucco
Cool FuelElectric
CoolingCentral A/C
CountyCAMDEN
DirectionsS. Route 73 to E. Taunton Rd, Cross Tansboro Rd. on Right side.
HeatingForced Air
Location TypeSuburban
Lot Size Square Feet156816.00
Lot Size UnitsSquare Feet
MLS AreaWinslow Twp (20436)
ModificationTimestamp2025-05-01T11:48:16
MunicipalityWINSLOW TWP
New ConstructionNo
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG245.13
Property SubtypeLand for Commercial Use
Property TypeCommercial Sale
Property UseInvestment
RoofShingle
SewerOn Site Septic
Standard StatusActive
StatusACTIVE
Tax Annual Amount13422.0
Tax Assessed Value344000.0
Tax Lot00014
Tax Year2024
UtilitiesWater Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1988
Year Built SourceAssessor
ZoningPC3
Exterior for 501 Tansboro Road
Building Area Total4059.00
Car Parking Spaces20
Foundation DetailsConcrete Perimeter
Land Assessed Value81600.00
Lot Size Acres3.60
Lot Size SourceEstimated
Navigable Water Y/NNo
Road ResponsibilityBoro/Township
Total Loading Docks0
Total Parking Spaces20
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate