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1566 New Jersey Highway 38

Updated Aug 19, 2026

Carl SanFilippo Purchases Retail Property At 1566 New Jersey Highway 38 For $1.25M
SOLDRetail

Carl SanFilippo Purchases Retail Property At 1566 New Jersey Highway 38 For $1.25M

1566 New Jersey Highway 38

$1,250,000

$108/SF

Building Size

11,534 SF

Asset Type

Retail

Closing

Aug 17, 2026

About this deal

AI

The property asset involved in this transaction is a retail space located at 1566 New Jersey Highway 38 in Lumberton. The sale price of the property was $1,250,000. It encompasses a total square footage of 11,534 with a price per square foot of $108.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,250,000
  • Square Footage: 11,534
  • Price Per Square Foot: $108
  • Buyer: Carl SanFilippo
  • Date of Transaction: 08/17/2026
  • Address: 1566 New Jersey Highway 38
  • Market: Lumberton

Carl SanFilippo represents the buyer in this transaction. The buyer is actively seeking value-add opportunity retail properties throughout New Jersey.

Players

Carl SanFilippo

Buyer

$5M

vol

2 deals

Buyer

Lumberton Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $108 per square foot on a published $1.3M for 11,534 square feet (2026).

Visit Carl SanFilippo to view all their deals.

Browse Lumberton retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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