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535 Monmouth St 4,183 SF Office Building Gloucester City, NJ 08030 $235,000 ($56.18/SF)



Executive Summary
This is a giant property with excellent visibility and access just off the corner of Monmouth and Broadway with immense intrinsic value. Currently set up as a vacant Dental office, the property is zoned RCS. Seller is a dentist and prefers to take equipment with them. Awesome opportunity to potentially covert to Mixed Use with Commercial on the first floor and up to two more residential units on 2nd and 3rd floor. The building looks like it was a side-by-side duplex originally based on the framing and the exterior profile. This property is being underutilized and has plenty of room for highest and best use. Buyer to do their own due diligence to determine viability for residential conversion. There is an additional parking in the free lot just 1 block away AND the proposed rail line will have a stop just a few blocks away! Reach out to the listing agent to schedule a tour today!
Property Facts Under Contract
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,183 SF
Building Class
C
Year Built
1890
Price
$235,000
Price Per SF
$56.18
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,091 SF
Slab To Slab
10’
Building FAR
1.37
Lot Size
0.07 AC
Zoning
RCS - Retail, Commercial, Service
Amenities
- Reception
- Air Conditioning
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 14-00160-0000-00024 | Improvements Assessment | $148,200 |
| Land Assessment | $40,800 | Total Assessment | $189,000 |
Property Taxes
Parcel Number
14-00160-0000-00024
Land Assessment
$40,800
Improvements Assessment
$148,200
Total Assessment
$189,000
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535 Monmouth St
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