7 Jennings Road Medford, NJ $ 1,275,000
7 Jennings Road
$ 1,275,000
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7 Jennings Road

Medford, NJ, 08055
$ 1,275,000
Baths0.0

Monthly Estimate*

$ 8,906

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View a Virtual Tour
Studio

Commercial Property for sale in Medford, NJ

for $1,275,000. This building was built in 1980 on a lot size of 14.71.

Remarkable property and location. Check out the Virtual Tour for Drone Footage which can also be found on Vimeo By Searching the Address. Perfect for a gentleman's farm, winery, venue space. Home is in great condition just needs some cosmetic updating. The large pole barns can be the perfect compliment to your landscaping business or farm stand. Less than 700 feet from Route 70 provides easy access to all major roadways but offers seclusion and tranquility while on the property. The property has several water elements including a pond with a fountain and bulkhead & Sharps Run creek. There is a foot bridge over the creek and a tractor bridge on the peninsula. The opportunity for multifamily housing or single family development could exist with necessary approvals and subdivision as the property borders the highly sought after Hawthorne Estates where homes are ranging between 750-900k. The property is being sold strictly "As-Is" 7 please conduct your own due diligence.

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Commercial Active

Price

$ 1,275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,043

Style

Apartment Building,Campground,Day Care Facility,Fl

Lot Size

14.71

Year Built

1980

Town/City

Medford

County/Region

Burlington

MLS | Web ID

NJBL2064978

Features
Interior
Heating Fuel Oil
Hot Water Oil
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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General
Sewer Other
Heating Forced Air
Cooling Central A/C
Possession Immediate
Zoning HC-1
Construction Materials Brick
Exclusions Personal Items and wine making equipment
Year Built 1980
View Creek/Stream Pasture Pond Trees/Woods Water
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality MEDFORD TWP
Business Type Apartment Building Campground Day Care Facility Flex Garden Center Pad Site Storage Other
Accessibility None
County BURLINGTON
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Water Access Y/N Y
Status ACTIVE
Directions Jennings intersects Rt 70.
City MEDFORD
Buyer Agent Compensation 3
Body of Water Sharps Run Creek
Disclosures Agent has Financial Interest
MLS Area Medford Twp (20320)
Lot Size Square Feet 640768.00
Waterfront Y/N Y
Street Name JENNINGS
Tax Annual Amount 14043.0
Price Per Sq Ft 531.25
Acceptable Financing Cash Rural Development USDA Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://vimeo.com/940416460?share=copy
Days on Market 5
Location Type Rural
Standard Status Active
Year Built Source Estimated
Tax Lot 00018 01
Buyer Agent Compensation Type % Of Gross
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Exterior
Lot Features Bulkheaded Fishing Available Partly Wooded Pond Private Stream/Creek Subdivision Possible Trees/Wooded Vegetation Planting
Water Source Well
Inclusions Boat
Type of Parking Driveway Private Garage
Foundation Details Block
Water View Y/N Y
Building Area Total 2400.00
Lot Size Acres 14.71
Water Body Type Lake
Lot Size Units Square Feet
Lot Size Source Estimated
Water Access Features Canoe/Kayak Fishing Allowed Private Access
Land Assessed Value 159400.00
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 7
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* Excluded Features
List By
David Spaventa

Listing Agent

Weichert Realtors

Broker

Moorestown

Office

Affordability Calculator

$10,077
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,906
Monthly Property Taxes
$1,170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$1,275,000 Listed Price

Map


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7 Jennings Road, Medford, NJ, 08055 is a Commercial Property for sale at $1,275,000 with a lot size of 14.71. 7 Jennings Road is a studio with 0.0 baths and was built in 1980. The property's zip code is 08055 which is in Medford, NJ