3201 Route 38, Mount Laurel, NJ 08054 - Photo 1

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$1,200,000

For Sale
Active
Commercial Institutional

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Property Description

Rare opportunity to own an 8 Suite Professional Office Building on Route 38, in Mt. Laurel. It's strategically positioned next to the Larchmont Shopping Center, just past the traffic light with a very busy highway exposure, high visibility... and, easy access. There are 8 units, of which 7 are currently leased, each with one restroom. This building has a full basement, with each suite having basement storage space, and four independent sump pumps. The condition of the overall building is above average. Everything in this complex meets or exceeds code. Each unit is independently metered. Each tenant pays for their own electric, cable, and a percentage of water and sewer. Presently an excellent opportunity to own, occupy, or invest. Provides great visibility for signage. The location is a very short distance to many surrounding amenities such as the Centerton Square Shopping Center, Promenade Shopping Center, Cherry Hill & Moorestown Malls, many famous Restaurants, High End Shops, and close proximity to Center Philadelphia & Shore Points. Easy access and short distances to Routes 70, 73, 38, & 206, Interstate 295, NJ Turnpike & Atlantic City Expressway. Owner willing to discuss any offers. Rent rolls and expenses, are available.

Full Property Details

Full Property Details for 3201 Route 38

General

Price: $1,200,000
Taxes: $23,677 (2024)
Status: Active
Type: Commercial Institutional
Source: BrightMLSPhilly
MLS ID: NJBL384540
Updated: 2/5/2026
Added to Site: 1, 944 day(s) ago

Business

Business Type: Institutional, Medical

Rental Information

Lease/Rent Term: 36 Months

Interior

Flooring: Tile/Brick, Carpet, Vinyl

Additional Information

Other Features: Private Restrooms

Parking

Total Spaces: 30
Parking Features: Paved Parking, Handicap Parking, Lighted Parking
Parking Type: Parking Lot

Location

Area: Mount Laurel Twp (20324)
Municipality: MOUNT LAUREL TWP
County: BURLINGTON
Cross Streets: Larchmont
Driving Directions: Route 38 West, Past Larchmont Blvd., PIQ on right hand side.
Traffic Count: 15000-19999
Location Details: Suburban

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Heat Pump(s)
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Water Available, Sewer Available, Electric Available, Phone, Cable TV Available, Under Ground

Structural Information

Construction: Aluminum Siding, Vinyl Siding, Brick, CPVC/PVC, Copper Plumbing
Foundation: Concrete Perimeter, Brick/Mortar
Roof: Pitched, Shingle
Walls/Ceilings: Other
Stories/Levels: 2
Building Size: 8000
Year Built: 1987
Year Built Source: Estimated

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 1.02
Lot Size (Sq. Ft.): 44,301
Lot Size Source: Assessor
Lot Dimensions: IRR
Zoning: COM

Financial Considerations

Price Per Sq. Ft.: $150
Assessment Year: 2024
Tax w/Assessment: $750,000
Tax Amount: $23,677
Tax Year: 2024
Tenant Pays: Electricity, Heat, Water, Sewer, Hot Water, Insurance

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 26

Listed by Keller Williams Realty - Marlton, James L Moffa

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Listing agent

— 3201 Route 38 —

James L Moffa

Keller Williams Realty - Marlton

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Schools

Schools serving 3201 Route 38

School Districts:Mount Laurel Township School District, Lenape Regional School District

Name	Grades	Distance
Fleetwood Elementary School 231 Fleetwood Ave, Mount Laurel Township, NJ 08054	PK-4	1.3 mi
Hartford Upper Elementary School 397 Hartford Road, Mount Laurel Township, NJ 08054	5-6	1.4 mi
T E Harrington Middle School 514 Mount Laurel Road, Mount Laurel Township, NJ 08054	7-8	2.6 mi
Lenape High School 235 Hartford Road, Medford, NJ 08055	9-12	3.6 mi
Cherokee High School 120 Tomlinson Mill Road, Evesham, NJ 08053	9-12	6.7 mi
Shawnee High School 600 Tabernacle Road, Medford, NJ 08055	9-12	9.7 mi
Seneca High School, Tabernacle, NJ 110 Carranza Road, Tabernacle, NJ 08088	9-12	11.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3201 Route 38 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/31/2025

Price Increased

$1,200,000

11.63%

MLS

11/29/2023

Price Reduced

$1,075,000

-6.52%

MLS

10/26/2020

Listed

$1,150,000

35.29%

MLS

8/15/2013

Sold

$850,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 3201 Route 38

Year

Property Taxes

Change

Tax Assessment

Change

2024

$23,678

-26%

$750,000

—

2022

$31,964

$750,000

-29%

2021

$31,362

$1,055,600

—

2018

$30,201

-1%

$1,055,600

—

2019

$30,433

$1,055,600

—

2017

$29,420

$1,055,600

—

2016

$28,976

$1,055,600

—

2015

$28,638

-9%

$1,055,600

52%

2013

$31,618

—

$694,900

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 3201 Route 38

3201 Route 38, Mount Laurel, NJ 08054 (MLS# NJBL384540) is a Commercial Institutional property. 3201 Route 38 is currently listed for $1,200,000 and was received on October 26, 2020. Want to learn more about 3201 Route 38? Do you have questions about finding other Commercial Institutional real estate for sale in Mount Laurel? You can browse all Mount Laurel real estate or contact a Coldwell Banker agent to request more information.

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3201 Route 38 Mount Laurel, NJ 08054