Commercial Real Estate
South Jersey

New Jersey law (N.J.A.C. 11:5-6.4) requires all licensed real estate agents to provide every consumer with a Consumer Information Statement before any substantive real estate discussion. The CIS explains the different types of agency relationships available in New Jersey, including seller agency, buyer agency, transaction brokerage, and disclosed dual agency, so you understand who your agent represents before you share any confidential information. We provide this document at the start of every relationship.

Yes. Real estate commissions in New Jersey are fully negotiable and are not fixed by law, regulation, the NJ Real Estate Commission, or any real estate organization. The compensation paid to a broker is determined solely by agreement between the client and the broker. We encourage an open conversation about compensation at the beginning of every relationship. Under federal antitrust law, no standard commission rate exists in the industry.

The JK Realty Group handles industrial, warehouse, mixed-use, office, retail, multi-family investment, and commercial land transactions throughout South Jersey and southeastern Pennsylvania. Our completed commercial portfolio includes transactions ranging from small mixed-use buildings to a $5.5 million industrial facility. We work across 13+ counties in New Jersey and Pennsylvania.

Yes. We represent buyers, sellers, investors, and owner-operators in commercial real estate transactions. As required by New Jersey law, we provide a Consumer Information Statement disclosing the nature of the agency relationship at the start of every engagement. Commercial transactions frequently involve disclosed dual agency situations which are handled with full written disclosure and consent of all parties.

We work alongside qualified intermediaries (QIs) and commercial real estate attorneys to coordinate Section 1031 like-kind exchange transactions. The 45-day identification period and 180-day exchange period are strict IRS deadlines, early planning is essential. If you are selling a commercial property with the intent to defer capital gains through a 1031 exchange, contact us before listing so we can coordinate the process properly.

Commercial properties are typically valued based on income-generating potential rather than comparable sales. Key valuation metrics include capitalization rate (net operating income ÷ purchase price), price per square foot, gross rent multiplier (GRM), tenant quality, lease terms, and vacancy rate. We provide detailed income analysis for every commercial investment property evaluation and work with clients to understand how market cap rates affect pricing in each South Jersey submarket.

Commercial due diligence typically includes: Phase I environmental site assessment, property condition report, title search, review of all leases and rent rolls, zoning verification, survey, review of operating expenses and tax history, and inspection of utilities and mechanical systems. For properties with environmental concerns, a Phase II assessment may be required. We coordinate the full due diligence process and work with your attorneys and advisors throughout.

The standard NJ Realtors three-business-day attorney review provision applies to commercial transactions that use standard residential contract forms. However, many commercial transactions use custom contract forms drafted by attorneys from the outset, which may have different review provisions. Regardless of the form used, we strongly recommend legal representation for all commercial real estate transactions given the complexity and financial stakes involved.