Services

Commercial Real Estate
in South Jersey

John and Justin Kelly represent buyers, sellers and investors in industrial, warehouse, office, retail, mixed-use and multi-family property across South Jersey, and John Kelly does the same in southeastern Pennsylvania.

Truck and trailer yard seen from above

Step by Step

How a commercial deal
comes together

Goals and Return

We start with your goals, your timeline and the return you need the property to earn, for a purchase, a sale or a 1031 exchange.

Income Analysis

We look at what the property earns: the rent roll (each tenant and what they pay), the lease terms and the expense history, compared with similar properties.

Finding Buyers and Properties

If you are selling, we show the property to owner-operators and investors who may want it. If you are buying, we match listed and unlisted properties to your criteria.

Due Diligence and Closing

Before closing, the buyer looks into the environmental assessment, the leases, zoning and title. Your attorney and lender work on it with you, and John and Justin stay on the deal through closing.

50+Commercial & Investment Transactions
$5.5MLargest Commercial Transaction
20+Years in Market
13+Counties Served

Now on the market

Browse commercial
listings

How Commercial Differs From Residential

Commercial Property Is
Usually Valued on Income.

Services

Property Types

Industrial & Warehouse

Space for manufacturing and distribution, plus flex buildings with office and warehouse together, from Vineland to Cinnaminson.

Mixed-Use

Retail ground floor with residential or office above in established districts.

Office & Medical

Offices for professional firms, medical practices and service businesses across South Jersey.

Multi-Family Investment

Duplexes, triplexes and buildings with five or more units, compared on rent roll and return.

Retail

Strip centers and single stores in their own buildings, on busy roads.

Land & Development

Land that already has approval for commercial or mixed-use development.

How Commercial Property Is Read

Commercial property is usually valued on the income it produces. Cap rate, rent roll, lease terms and vacancy show what a property earns. The property itself matters too: permitted use, zoning, parking, loading docks, ceiling heights and access, especially for industrial and retail space. Not every factor applies to every property.

Environmental conditions, utilities and the condition of the building get looked into before closing. Attorneys, lenders and qualified 1031 exchange intermediaries each handle their own part.

Common Questions

Commercial Real Estate
FAQs

What is the Consumer Information Statement (CIS) and when will I receive it?+
It is the form that shows how an agent can work with you in New Jersey: representing the seller, representing the buyer, transaction brokerage or disclosed dual agency (one brokerage representing both sides, with written consent). You get it from us at the start, before we discuss your transaction. It is covered in N.J.A.C. 11:5-6.9.
Are real estate commissions negotiable?+
Yes. Real estate commissions in New Jersey are negotiable, and the amount is agreed between you and the brokerage. We talk about compensation at the start.
What types of commercial properties do you handle?+
The JK Realty Group handles industrial, warehouse, mixed-use, office, retail, multi-family investment and commercial land transactions in South Jersey, and in southeastern Pennsylvania through John Kelly's license.
Do you represent both buyers and sellers in commercial transactions?+
Yes. We represent buyers, sellers, investors and owner-operators in commercial transactions. We give you a Consumer Information Statement at the start, so you know who your agent represents. When one brokerage represents both sides, that is disclosed in writing and each party agrees to it in writing before it goes ahead.
Can you assist with 1031 like-kind exchanges?+
We work alongside qualified intermediaries and commercial real estate attorneys on Section 1031 like-kind exchanges. The IRS sets deadlines for an exchange: 45 days to identify a replacement property and 180 days to complete the exchange, so timing matters. If you plan to defer capital gains with a 1031 exchange, talk with your qualified intermediary and tax adviser before you list. We work with them on the sale.
How is commercial real estate valued differently from residential?+
Commercial properties are typically valued on the income they can produce rather than on comparable sales alone. Capitalization rate, or cap rate, is net operating income divided by the purchase price. Other measures that come up often include price per square foot, gross rent multiplier, tenant quality, lease terms and vacancy rate.
What due diligence should I conduct before purchasing a commercial property?+
Due diligence is the research a buyer does before closing. In a commercial purchase it typically includes an environmental site assessment (Phase I), a property condition report, a title search, the leases and rent rolls, a survey, zoning verification, operating expenses and tax history, and an inspection of utilities and mechanical systems. For properties with environmental concerns, a Phase II assessment may be needed. We work with your attorney and advisers through it.
Are commercial real estate transactions subject to the NJ attorney review period?+
Usually not. Commercial contracts are typically drafted by attorneys, so the terms are worked out before anyone signs. The three business day attorney review period applies to certain residential contracts a real estate licensee prepares. We recommend having your own attorney involved in a commercial transaction.

Next Step

Ready when
you are

Work with John & Justin

John Kelly, Broker(609) 790-6079 mobile  ·  (856) 681-4024 office
Justin Kelly, Broker-Associate(609) 444-9704 mobile  ·  (856) 681-4025 office

Reach out to our team. You're welcome to call, or send a note and we'll respond personally.

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