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Commercial > Other
Active
11/13/2024
List Price
$995,000

501 Tansboro Rd
Berlin, NJ 08009

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  • Malobo BannerMalobo Banner Square
    501 Tansboro Rd, Berlin, NJ 08009 is a 4,059 ft² property built in 1988 on a 3.600 acre lot. This property is currently on the market for $995,000, and it was last sold in 2008 for $640,000.

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 501 Tansboro Rd is Jacob Seo.

    Current Ownership

    Information about the current owner(s).

    Property History

    501 Tansboro Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 501 Tansboro Rd

    School Information

    Public/private schools serving 501 Tansboro Rd

    Neighborhood

    This property is located in 08009.

    Market Trends

    Historical market data near 501 Tansboro Rd over selected time period.

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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