Hammonton, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Hammonton, New Jersey Market population: 15K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Hammonton NJ Properties: 2.7200%
⭐ 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 Hammonton NJ
Common questions from investors exploring commercial real estate in Hammonton NJ.
What is the overall investment potential of Hammonton, NJ?
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Hammonton, NJ offers a stable investment market with a median household income of $60,861, a relatively low poverty rate of 10.5%, and a high health insurance coverage rate of 90.1%, indicating a reliable tenant base. The top industries, including Public Administration and Health Care & Social Assistance, also contribute to a strong employment market. With a median property value of $241,400 and a homeownership rate of 71.4%, the city presents a favorable environment for real estate investment.
How does the demographic diversity of Hammonton, NJ impact the rental market?
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The demographic diversity of Hammonton, NJ, with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a culturally rich and potentially vibrant rental market. Combined with a median age of 42.4 and an average commute time of 22.9 minutes, the city's diversity may attract a wide range of renters, from young professionals to families, contributing to a stable and demanding rental market.
What are the key factors influencing the quality of life in Hammonton, NJ, and how do they affect real estate investment?
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The quality of life in Hammonton, NJ is characterized by a relatively low average commute time of 22.9 minutes, with top commute methods including driving alone, carpooling, and working from home, indicating a convenient and flexible lifestyle for residents. With a high health insurance coverage rate of 90.1% and a low poverty rate of 10.5%, the city offers a desirable environment for both renters and homeowners, ultimately supporting a strong and stable real estate market.
How does the economic profile of Hammonton, NJ impact its attractiveness as an investment destination?
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Hammonton, NJ's economic profile, marked by a median household income of $60,861, a GINI coefficient of 0.411, and a strong presence of top industries such as Public Administration and Educational Services, suggests a stable and growing economy. This, combined with a relatively low poverty rate of 10.5% and a high employment rate, as evidenced by the 7,240 employed population, makes the city an attractive destination for real estate investors seeking reliable returns and long-term growth.
What role do property taxes and homeownership rates play in the investment potential of Hammonton, NJ?
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The median property taxes of $3,745 and a homeownership rate of 71.4% in Hammonton, NJ indicate a relatively stable and predictable property tax environment, which can help investors forecast their expenses and returns. With a median property value of $241,400, the city's property tax burden is manageable, and the high homeownership rate suggests a strong sense of community and property values, ultimately supporting the long-term investment potential of the area.
Hammonton NJ Real Estate & City Facts
Key facts and real estate information about Hammonton NJ.
What are some of the best neighborhoods to live in Hammonton?
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Some of the best neighborhoods to live in Hammonton include Elwood, which is a quiet and family-friendly area known for its clean streets and welcoming atmosphere. Other neighborhoods to consider are those near the town center, which offer a mix of old and new homes and are close to local amenities.
What are some fun things to do in Hammonton?
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There are plenty of fun things to do in Hammonton, including visiting the Batsto Village, which offers a glimpse into the town's history, and the White Horse Winery, which provides wine tastings and tours. You can also explore the DiMeo Blueberry Farms & Blueberry Plants Nursery, or visit the Jellystone Park for some outdoor adventure.
What is the food scene like in Hammonton?
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The food scene in Hammonton is vibrant and diverse, with a range of restaurants serving everything from traditional American cuisine to Mexican and Italian food. Some popular spots include the Twisted Tavern, which offers a unique dining experience, and the Parc, which serves up French cuisine. There are also plenty of great food trucks and diners, such as the Harley Dawn Diner and the Silver Coin Diner, which offer a casual and delicious meal.
What are the pros and cons of living in Hammonton?
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The pros of living in Hammonton include its small-town charm, rich history, and natural beauty, with plenty of parks and outdoor spaces to explore. However, some cons to consider are the limited job opportunities and higher cost of living compared to other areas in New Jersey. Additionally, traffic can be a issue during peak season, but overall, Hammonton is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Hammonton a good place to live?
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Overall, Hammonton is a great place to live, offering a unique blend of small-town charm, rich history, and natural beauty. While it may have some drawbacks, such as limited job opportunities and higher cost of living, the town's strong sense of community and relaxed pace of life make it an attractive option for those looking to escape the hustle and bustle of city life. With its vibrant food scene, plenty of outdoor activities, and rich cultural heritage, Hammonton is definitely worth considering as a 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 Hammonton NJ Commercial Property: $60,861
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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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