399 FRONT ST, ELMER, NJ 08318

$1,250,000

Sq. Ft.: N/A

Type: Commercial

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Listing #NJSA2015066

Listing Courtesy of: Warner Real Estate & Auction Company (856) 769-4111

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Attention Savvy Investors... Here's the sound real estate investment you have been looking for to add to your portfolio. Check out this 9,008 +/- sf ( 8,721 +/- sf net rentable area) one-story, four-unit commercial building sitting on 1.95 +/- acres. This property is well designed for medical professional services. You will appreciate this well constructed multi-tenant masonry and steel framed office building with a multi-angle pitched roof. This prime property offers 81 +/- parking spaces (including 4 designated for handicapped parking) on a macadam covered parking lot, pole-mounted lighting, concrete curbing and sidewalks and professional landscaping. The property is in the Zone X flood zone and the RP/LR-1 zoning district. The four (4) units layout are the following: Suite A - 1811 +/- sf , Suite B & C - 2391 +/- sf , Suite D - 1979 +/- sf and Suite E - 2352 +/- sf. Three of the four units are currently leased, and utilities are separately metered. The current gross annual income for the three leased units is $110,304 plus a pro-rata share of the expenses as additional income. Great location -- walking distance to Inspira Medical Center and just minutes to Route 40 and Route 55. There is a 45kW natural gas powered Generac generator, which provides back-up power for Suites B and C . Great replacement property to complete a 1031 tax deferred exchange.

Listing Courtesy of: Warner Real Estate & Auction Company (856) 769-4111

Property Features

Location Information

County: SALEM-NJ

Municipality: ELMER BORO

Latitude: 39.59063866

Longitude: -75.17801542

MLS Area: Elmer Boro (21703)

Directions: Route 40 East toward Elmer, bear right on Front Street, PIQ will be on your left

Interior Features

Heating: Forced Air

Heating Fuel: Natural Gas

Cooling: Central A/C, Electric

Floors: Carpet, Laminated, Tile/Brick

Water Heater: Natural Gas

Total Number of Units: 4

Accessibility: Other

Exterior Features

Stories: 1

Is New Construction: No

Construction: Masonry

Foundation: Concrete Perimeter

Roof: Metal, Pitched

Septic or Sewer: On Site Septic

Utilities: Electric Available, Cable TV Available, Natural Gas Available, Phone Available, Water Available

Has Garage: No

Parking Spaces: 81

Site Description: Free Standing

Lot Size in Acres: 1.95

Lot Size in Sq. Ft.: 84,942

Dimensions: 0.00 x 0.00

Zoning: RP/LR-1

Condition: Good

Building Total Area (Sq. Ft.): 9,008

Road Description: Black Top, Paved

Has Waterfront: No

Has Water Access: No

School

School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Additional Information

ListDate: 2025-06-06 00:00:00.0

Possession: Subject to Existing Lease

Property Type: COM

Property SubType: Commercial Sale

Year Built: 2012

Status: Active

Tax Year: 2024

Tax Amount: $47,081

Ownership Interest: Fee Simple

Available For Lease: No

Business Type: Medical, Professional, Other

$ per month
Year Fixed. % Interest Rate.

Principal + Interest:	$
Monthly Tax:	$
Monthly Insurance:	$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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BRIGHT(MRIS/Trend) data last updated at June 16, 2025, 1:15 PM ET