701 Somerstown, Galloway Township, NJ 08205
Atlantic County
Key Facts
Description
Prime Office Building, suitable for many uses. 3,500 +- sqft situated on a 3/4 acre at the intersection of Rt9 (New York Rd) and Somerstown Lane. Excellent road front signage and 17+- paved parking spaces. Fully Leased to a well established company (lease details provided with a signed NDA). Landlord pays the property taxes and building insurance. Zoned (CC-2) Community Commercial-2. Ideal for investment, by extending with the current Tenant for more years, or for an end user who wants to have it for their occupancy and use in Summer 2027. *NOTE: The Owner is allowing the existing Tenant until the end of April to present an offer to purchase, before considering other potential Buyers.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Style
Office Building
Year Built
1997
Living Area
3,500 sq ft
Days on Market
39
MLS® Listing#
607046
Property Features
Cooling
Heating
Basement
Parking
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$12,204
Affordability Calculator
$119,000
Estimated monthly payment
$3,167/mo
Principal $476,000 · Est. interest $664,062 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Galloway Township, NJ
- $503,608
- Median Listing Price
- 44
- Median Days on Market
- 1,872
- Median Sq Ft
- $263
- Median Price / Sq Ft
- 641
- Active Listings
- This home’s price is 18% above the area median.
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Galloway Township, NJ.
Location
- 701 Somerstown, Galloway Township, NJ 08205
Points of Interest in Galloway Township, NJ
Showing the Galloway Township area map.
Nearby Schools
Smithville Elementary School
Elementary · 0.9 mi away
Atlantic Community Charter School
Elementary · 1.3 mi away
Assumption Regional Catholic School
School · 1.6 mi away
Champion Baptist Academy
School · 2.0 mi away
Highland Academy
School · 2.1 mi away
Arthur Rann Elementary School
Elementary · 2.4 mi away
Emma C Attales
Secondary · 2.5 mi away
H Ashton Marsh
Elementary · 2.5 mi away
Absecon Public Schools
School · 2.5 mi away
Absegami High School
Secondary · 3.0 mi away
Roland Rogers Elementary School
Elementary · 3.0 mi away
Highland Academy
School · 3.3 mi away
Holy Spirit High School
Secondary · 4.1 mi away
Port Republic School District
Elementary · 4.3 mi away
Leeds Avenue Elementary School
Elementary · 4.5 mi away
Pleasantville High School
Secondary · 5.2 mi away
Kingdom Academy
School · 5.5 mi away
Pilgrim Academy
School · 5.5 mi away
North Main Street Elementary School
Elementary · 5.6 mi away
Chief of Maintenance Office
School · 5.9 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 |
|---|---|---|---|---|
| 213 LIMERICK STREET, GALLOWAY TWP, NJ | $419,000 | 2 | 2 | 1,600 |
| 213 Limerick Street, Galloway Township, NJ | $419,000 | 2 | — | 1,600 |
| 514 Weston Dr, Galloway Township, NJ | $419,900 | 2 | — | 1,900 |
| 514 Weston Drive, Galloway, NJ | $419,900 | 2 | 2 | 1,900 |
| 223 Huntington Dr, Egg Harbor Township, NJ | $421,990 | 4 | — | — |
| 318 Mcclellan Road, Egg Harbor Township, NJ | $424,000 | 2 | — | — |
Moving Cost Estimate
EXIT Agents in Galloway Township
Listing Courtesy: BALSLEY/LOSCO