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3 Broadway
Cape May Court House, NJ 08210
AtlantiCare · Office Property For Sale
Investment Highlights
- ATLANTICARE – ONE OF SOUTHEASTERN NEW JERSEY’S LARGEST & MOST WELL-RESPECTED HEALTHCARE SYSTEMS
- RECENT TENANT-FUNDED RENOVATION
- Easy access to Garden State Parkway and Route 9 for regional connectivity.
- HIGH-YIELD & LOW-PRICE-POINT OPPORTUNITY IN SOUTH JERSEY
- Located in Cape May Court House’s core commercial district with Town Center zoning.
- Situated in a high-demand coastal county with stable year-round and seasonal activity.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,690 SF
Building Class
B
Year Built/Renovated
1929/2004
Price
$823,139
Price Per SF
$306.00
Cap Rate
8.50%
NOI
$69,967
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,690 SF
Building FAR
0.13
Lot Size
0.46 AC
Zoning
TC - Town center
Property Taxes
| Parcel Number | 06-00212-01-00006 | Improvements Assessment | $429,000 |
| Land Assessment | $206,800 | Total Assessment | $635,800 |
Property Taxes
Parcel Number
06-00212-01-00006
Land Assessment
$206,800
Improvements Assessment
$429,000
Total Assessment
$635,800
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