3201 ROUTE 38, MOUNT LAUREL, NJ 08054
BURLINGTON County
Key Facts
Description
Rare opportunity to own an 8 Suite Professional Office Building on Route 38, in Mt. Laurel. It's strategically positioned next to the Larchmont Shopping Center, just past the traffic light with a very busy highway exposure, high visibility... and, easy access. There are 8 units, of which 7 are currently leased, each with one restroom. This building has a full basement, with each suite having basement storage space, and four independent sump pumps. The condition of the overall building is above average. Everything in this complex meets or exceeds code. Each unit is independently metered. Each tenant pays for their own electric, cable, and a percentage of water and sewer. Presently an excellent opportunity to own, occupy, or invest. Provides great visibility for signage. The location is a very short distance to many surrounding amenities such as the Centerton Square Shopping Center, Promenade Shopping Center, Cherry Hill & Moorestown Malls, many famous Restaurants, High End Shops, and close proximity to Center Philadelphia & Shore Points. Easy access and short distances to Routes 70, 73, 38, & 206, Interstate 295, NJ Turnpike & Atlantic City Expressway. Owner willing to discuss any offers. Rent rolls and expenses, are available.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1987
Stories
2
Living Area
8,000 sq ft
Lot Size
1.02 acres
Lot Dimensions
IRR
Parking Spaces
25
Zoning
COM
Days on Market
2085
MLS® Listing#
NJBL384540
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Rooms
Schools
- District:
- MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$23,677
Tax year 2024
Assessed Value
$750,000
Parcel Number
24-00301 23-00026
Directions
Route 38 West, Past Larchmont Blvd., PIQ on right hand side.
Affordability Calculator
$240,000
Estimated monthly payment
$6,387/mo
Principal $960,000 · Est. interest $1,339,285 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in MOUNT LAUREL, NJ
- $415,464
- Median Listing Price
- 30
- Median Days on Market
- 1,696
- Median Sq Ft
- $238
- Median Price / Sq Ft
- 257
- Active Listings
- This home’s price is 189% above the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in MOUNT LAUREL, NJ.
Location
Points of Interest in MOUNT LAUREL, NJ
Showing the MOUNT LAUREL area map.
Nearby Schools
Larchmont Elementary School
Elementary · 0.6 mi away
Goddard School
School · 0.7 mi away
Health Sciences Center
School · 0.7 mi away
County of Burlington
Secondary · 0.7 mi away
Isc Mount Laurel
School · 1.0 mi away
Goddard School
School · 1.1 mi away
The Bancroft School Welsh Campus in Mount Laurel
School · 1.3 mi away
Fleetwood Elementary School
Elementary · 1.4 mi away
Mount Laurel Hartford School
Secondary · 1.5 mi away
Moorestown Upper Elementary School
Secondary · 1.8 mi away
Mount Laurel Schools
School · 2.1 mi away
South Valley Elementary School
Elementary · 2.3 mi away
Hillside Elementary School
Elementary · 2.5 mi away
Springville Elementary School
Elementary · 2.5 mi away
T E Harrington Middle
Elementary · 2.5 mi away
Future Scholars
Elementary · 2.6 mi away
Thomas E Harrington Middle School
Secondary · 2.6 mi away
Twin Hills Elementary School
Elementary · 2.6 mi away
Willingboro High School
Secondary · 2.8 mi away
Rancocas Friends School
Elementary · 3.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 19 Park Pl, Mount Olive Twp., NJ | $849,000 | — | — | — |
| 18 Old Wolfe Rd, Mount Olive Twp., NJ | $849,900 | 5 | 3 | — |
| 20 Cleacene Ave, Mount Olive Twp., NJ | $849,900 | 5 | 4 | — |
| 13 BEAVER AVENUE, MOUNT LAUREL, NJ | $849,900 | 4 | 3 | 2,944 |
| 6 BUCK LANE, MOUNT LAUREL, NJ | $850,000 | 4 | 4 | 3,485 |
| 108 Mt Olive Rd, Mount Olive Twp., NJ | $899,000 | 5 | 4 | 4,457 |
Moving Cost Estimate
EXIT Agents in MOUNT LAUREL
Listing Courtesy: Keller Williams Realty - Marlton - 8564416800