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$260,000
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Property Description
This is a very rare opportunity to own a Prime 2.72 Acre Parcel strategically located on Route 206, with high visibility. Back on the market again. Township would not allow a holding yard for automobiles.....so, the owner has decided to sell. The Township is looking for retail settings., and other uses. Obviously, there are many uses, but...any and all uses would have to be approved by the township, or through planning & zoning, or, the variance process. There was an option to tie into the CVS Pumping Station System on the lot adjacent to this. The owner would have to negotiate that with the next door's owner. The overall dimensions are 300' x 325'. The property has 300 feet frontage on Route 206, and backs up directly to Old Indian Mills Road...which with approvals could have ingresses and egresses on both roadways. The overall dimensions are 300' x 325'. The possibilities ... include but not limited to...a Scale down Retail Shopping Center, Management offices, Stores & Shops, Financial Institutions, .Insurance, but, no Car Dealership. This would be an excellent owner occupancy and provides several options from an investment standpoint. The property is being sold "AS IS". The present owner put thousands into the existing building. The buyers are responsible for all inspections, certifications, etc. Presently has a Cesspool, and Water well. A very strategic location, easy accessible, and a very short distance Medford, Cherry Hill, and Shore Points, and State Parks. Conveniently located with easy access to Interstate 295, NJ Turnpike, AC Expressway, Garden State Parkway and Shore points, ...in addition to local Routes 206, 73, 70, 38.....and, the Ben Franklin, Walt Whitman, Burlington Bristol & Tacony bridges. Most important its a short distance to High End Medical Facilities, such as the highly rated Penn & Jefferson Institutions. Additionally ...close to many surrounding retailers, and other amenities such as Centerton Square right down the road on Route 38 where Wegmans, Costco, and many other Fast Food and high end restaurants and shops are. Minutes away from the Promenade Shopping Center, Cherry Hill & Moorestown Malls, and Center Philadelphia.
Full Property Details
Full Property Details for 1501 Route 206
General
- Sold For: $260,000
- Taxes: $4,583 (2024)
- Status: Closed
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJBL2058842
- Added to Site: 682 day(s) ago
Business
- Business Type: Institutional, Apartment Building, Shopping Center, M
Parking
- Parking Type: None
Location
- Area: Tabernacle Twp (20335)
- Municipality: TABERNACLE TWP
- County: BURLINGTON
- Cross Streets: Medford Lks Rd
- Driving Directions: From Medford, Medford Lakes Rd, to Route 206, Left at light, PIQ on left after the CVS and one lot North.
- Traffic Count: 15000-19999
- Location Details: Urban
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer, On Site Septic, Community Septic Tank, Private Septic Tank
- Water: Public, Well
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Structural Information
- Construction: Block
- Foundation: Stone, Brick/Mortar
- Roof: Pitched, Shingle
- Building Size: 768
- Year Built: 1950
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 2.82
- Lot Size (Sq. Ft.): 122,839
- Lot Size Source: Assessor
- Lot Dimensions: IRR
- Street/Road Desc.: US Highway/Interstate
- Zoning: R/C
Financial Considerations
- Price Per Sq. Ft.: $389.32
- Assessment Year: 2024
- Tax w/Assessment: $138,400
- Tax Amount: $4,583
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by Keller Williams Realty - Marlton, James L Moffa
Sold by David DePaola and Company Real Estate, David DePaola
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Schools
Schools serving 1501 Route 206
School Districts:Lenape Regional School District, Tabernacle Township School District
| Name | Grades | Distance |
|---|---|---|
Tabernacle Elementary School 141 New Road, Tabernacle, NJ 08088 | PK-4 | 1.3 mi |
Kenneth R Olson Mid School 132 New Road, Tabernacle, NJ 08088 | 5-8 | 1.5 mi |
Seneca High School, Tabernacle, NJ 110 Carranza Road, Tabernacle, NJ 08088 | 9-12 | 1.1 mi |
Shawnee High School 600 Tabernacle Road, Medford, NJ 08055 | 9-12 | 2.2 mi |
Lenape High School 235 Hartford Road, Medford, NJ 08055 | 9-12 | 8.1 mi |
Cherokee High School 120 Tomlinson Mill Road, Evesham, NJ 08053 | 9-12 | 8.8 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 1501 Route 206
Date
Details
Price
Change
Source
11/21/2025
Sold
$260,000
-13.04%
MLS
9/19/2025
Price Reduced
$299,000
-13.08%
MLS
2/10/2025
Price Reduced
$344,000
-1.43%
MLS
12/31/2024
Price Reduced
$349,000
-6.93%
MLS
3/08/2024
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1501 Route 206, Tabernacle, NJ 08088 (MLS# NJBL2058842) is a Apartment property that was sold at $260,000 on November 21, 2025. Want to learn more about 1501 Route 206? Do you have questions about finding other Apartment real estate for sale in Tabernacle? You can browse all Tabernacle real estate or contact a Coldwell Banker agent to request more information.

