Runnemede, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Runnemede, New Jersey Market population: 8K. Compare commercial properties across all major asset classes...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Runnemede NJ Properties: 3.3300%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Runnemede NJ
Common questions from investors exploring commercial real estate in Runnemede NJ.
What's the overall investment outlook for Runnemede, NJ?
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With a median household income of $61,373 and a relatively low poverty rate of 8.8%, Runnemede, NJ presents a stable market, further reinforced by a high health insurance coverage rate of 95.7% and a strong employment presence in Health Care & Social Assistance, indicating a reliable tenant base.
How does the city's demographic profile impact rental demand?
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The city's median age of 39.4 and dominant White ethnicity suggest a relatively homogeneous community, but the 10.5% foreign-born rate and presence of Health Care & Social Assistance as a top industry indicate some diversity and a potential for rental demand from professionals in these fields, who likely appreciate the 31.4-minute average commute time.
What are the key factors influencing property values in Runnemede, NJ?
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The median property value of $173,400, combined with a median property tax of $7,422 and a high homeownership rate of 76.3%, suggests a desirable and relatively affluent area, which is also supported by the low poverty rate of 8.8% and high health insurance coverage of 95.7%, contributing to stable property values.
How does the local economy affect the real estate investment potential?
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The dominant Health Care & Social Assistance industry and a sizable employed population of 4,202 contribute to a stable local economy, which, when considered alongside the city's low poverty rate of 8.8% and high median household income of $61,373, suggests a positive outlook for real estate investments, with a potential for consistent rental income and property appreciation.
What role does transportation play in the attractiveness of Runnemede, NJ for investors?
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The average commute time of 31.4 minutes, with a majority of residents driving alone, indicates reasonably convenient transportation options, which, coupled with the city's relatively low poverty rate and high health insurance coverage, suggests that investors can expect a stable and reliable tenant base, making Runnemede, NJ an attractive option for real estate investment.
Runnemede NJ Real Estate & City Facts
Key facts and real estate information about Runnemede NJ.
What are some of the best neighborhoods to live in Runnemede?
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Some of the best neighborhoods to live in Runnemede include the area near Cooper River Park, which is known for its cleanliness and safety, and the Maple Shade neighborhood, which is a small town with friendly people. According to Nextdoor, Runnemede is a quiet, family-friendly neighborhood with a strong sense of community.
What are some fun things to do in Runnemede?
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There are plenty of fun things to do in Runnemede, such as visiting the American Treasure Tour, playing sports at the Name Your Sport arena, or relaxing at the Lazarus Spa. You can also check out the Phily Sport Bar or attend events at the Cooper River Park. According to Yelp, these are some of the top things to do in Runnemede.
What is the food scene like in Runnemede?
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The food scene in Runnemede is diverse and delicious, with restaurants like SmashBros NJ serving up burgers, wings, and more. You can also find farm-to-table dining at Kitchen519, which uses locally sourced ingredients. According to the South Jersey Food Scene Facebook group, these are some of the top restaurants in the area. There are also plenty of great food trucks and other eateries to explore.
What are the pros and cons of living in Runnemede?
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The pros of living in Runnemede include its quiet, family-friendly atmosphere, strong sense of community, and affordable housing options. However, some cons include the limited number of restaurants and entertainment options in the immediate area, although Philadelphia is just a short drive away. According to Reddit, some residents appreciate the town's cleanliness and safety, while others mention that it can be a bit boring at times.
Is Runnemede a good place to live?
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Overall, Runnemede is a good place to live, offering a unique blend of small-town charm and big-city accessibility. While it may not have all the amenities of a larger city, its strong sense of community, affordable housing, and proximity to Philadelphia make it an attractive option for families and individuals alike. As with any town, there are pros and cons to consider, but many residents would agree that Runnemede is a great place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Runnemede NJ Commercial Property: $61,373
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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