Contract Assignment · Linwood, NJ · $95,000 Under List Price
700 New Road (Route 9), Linwood — 8,600 SF Class A Brick Office
We control 700 New Road under contract and are assigning our equitable interest. This 8,600 SF single-story Class A brick office — the former Gilda’s Club building — sits on a 1.13-acre Route 9 corner with 40+ parking spaces, an owned solar system free and clear, and a large event space with a full commercial kitchen. Hardwood floors, 10 perimeter offices, a fireplace lounge — move-in ready, and priced below the property’s own tax assessment.
The Numbers at a Glance
$1,400,000 · $163/SF · Below Assessment
$1,400,000
Assignment Price
$163 / SF
Price Per Square Foot
8,600 SF
Single-Story Building
1.13 Acres
Route 9 Corner Lot
40+ Spaces
On-Site Parking
$95,000
Below the $1,495,000 List
Built-In Equity From Day One
Actively listed at $1,495,000. Our assignment price: $1,400,000.
This is an assignment of contract. We are the contract holders offering our equitable interest at $1,400,000 — $95,000 under the active list price and roughly $163 per square foot, below the property’s own tax assessment. That gap is real, transferable equity for the buyer who steps in.
The building is move-in ready — no gut renovation, no deferred-maintenance surprises. Add the owned solar system conveying free and clear, and the day-one economics get even stronger. Target close is 45 days, and the first committed buyer with a deposit takes it.
What You’re Getting
Property Features & Highlights
☀️ Owned Solar — Free & Clear
An owned solar system conveys with the building — real, recurring utility savings with no lease to assume and nothing to buy out.
🍽️ Event Space + Commercial Kitchen
A large event space anchored by a full commercial kitchen with a granite island — ready for gatherings, services, catered functions, or community programming.
🏢 10 Perimeter Offices
Ten window offices wrap the floor plate, with open collaborative area in between — an efficient layout for a practice, firm, or headquarters team.
🔥 Hardwood Floors & Fireplace Lounge
Warm hardwood floors throughout and a fireplace lounge give the space a welcoming, non-institutional feel — a genuine differentiator for patients, members, and clients.
🚗 Route 9 Corner + 40+ Parking
A 1.13-acre hard corner on New Road (Route 9) with prominent signage, high daily traffic counts, and 40+ on-site parking spaces — visibility and capacity that are hard to replace.
📋 Flexible Zoning
Zoned business / retail / church — a wide range of permitted uses under one roof, from professional and medical offices to a house of worship or nonprofit HQ. Confirm your intended use with Linwood zoning.
The Location
2 Miles From Shore Medical Center
700 New Road sits on the Route 9 corridor in Linwood, just two miles from Shore Medical Center — prime positioning for a medical or behavioral-health practice that wants to be near the hospital, and central to the greater Atlantic County / Jersey Shore market. The hard-corner location, on-site parking, and highway signage make it easy for patients, members, staff, and visitors to find and reach.
Who It’s For
Ideal for a Buyer Who Wants Equity On Day One
Medical or Behavioral-Health Group
Growing Congregation
Nonprofit Headquarters
Professional Firm
Investor Seeking Built-In Equity
Owner-User & Community Use
Take a Look
Property Gallery
The Terms
Target Close: 45 Days. First Committed Buyer With a Deposit Takes It.
We hold 700 New Road under contract and are assigning our equitable interest for $1,400,000. There is no auction and no back-and-forth — this moves to the first committed buyer who puts down a deposit. If the location, the price, and the day-one equity fit your plan, the next step is simple: make an offer or request the full details below.
Make an Offer or Get Details
Steve “Murph” Murphy · Patriot Property Buyer · Cell (856) 366-5583 · patriotpropertybuyer.com
Assignment of contract — we are the contract holders offering our equitable interest, not the owner of record or a licensed broker. Figures and features are provided as represented and should be independently verified; buyers are responsible for confirming zoning, square footage, tax assessment, and intended use.