160 Pitney RdGalloway, NJ 08205

For Sale
$975,000

100% Occupied, Excellent Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional two-story, 6,000 square foot executive office building presents a compelling investment opportunity. Located at 160 S Pitney Rd, Absecon, NJ 08205, this fully occupied property boasts five individual suites, each benefiting from individually metered electric and gas. The building's layout is well-suited to the local market, featuring two approximately 900 square foot suites and one approximately 1,800 square foot suite on the first floor, and two approximately 1,200 square foot suites on the second floor, accessible via an elevator and central stairwell. Constructed in 2010 and under the same ownership since completion, this meticulously maintained building enjoys a stable tenant base, reflecting its strong management and desirable location. Situated on a 0.5-acre lot at a signalized intersection, it offers convenient access, being only 1.8 miles from the Garden State Parkway. The property is zoned CVC and offers a stabilized investment with an asking price of $975,000 ($162.50 per square foot). Detailed financial information, including a rent roll, is available upon request. This is a rare opportunity to acquire a high-performing, fully occupied office building in a prime location.

Highlights

  • 100% Occupancy!
  • 2010-built, owner-occupied since construction.
  • Excellent building layout for the market.
  • First floor: Two ±900 SF suites and one ±1,800 SF suite.
  • Second floor: Two ±1,200 SF suites, elevator & stair access.
  • Individual electric & gas meters for each unit.

Property Details for 160 Pitney Rd

Property type
Other office properties, Office properties
Square Feet
6,000 SF
Year Built
2010
Buildings
1
Stories
2
Lot Size (sq. ft)
21,780 SF
Units
5

Location Insight

City
Galloway
County
Atlantic
State
New Jersey
Latitude
39.472345439322
Longitude
-74.492393486242
160 Pitney Rd, Galloway, New Jersey

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160 Pitney Rd
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