710-712 New Jersey Ave
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710-712 New Jersey Ave
3,555 SF Retail Building North Wildwood, NJ 08260 $799,000 ($225/SF)
Investment Highlights
- Strategically located on the main road into town, offers high visibility and abundant local foot traffic
Executive Summary
Exciting commercial property opportunity in the heart of North Wildwood, NJ! This prime property, strategically located on the main road into town, offers high visibility and abundant local foot traffic. The 'as is' condition presents a rare chance to acquire a property with endless potential for various uses, including potential development opportunities subject to municipal approval. Situated on a 50'x100' lot, this property offers the potential for up to three commercial spaces, providing great flexibility for businesses. Be sure not to miss the opportunity to start your business in this lively coastal community!
Building for sale ONLY, not BUSINESS. This building does NOT share any expenses with the building attached to it, providing more opportunities for a future investor. Originally the building was 3 units. 2 units in the front, one unit in the back. Business owner knocked down the walls to create one space but could go back to the original layout.
Building for sale ONLY, not BUSINESS. This building does NOT share any expenses with the building attached to it, providing more opportunities for a future investor. Originally the building was 3 units. 2 units in the front, one unit in the back. Business owner knocked down the walls to create one space but could go back to the original layout.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Taxes | $6,815 | $1.92 |
Operating Expenses | - | - |
Total Expenses | $6,815 | $1.92 |
Financial Summary (Actual - 2023)
Taxes | |
---|---|
Annual | $6,815 |
Annual Per SF | $1.92 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $6,815 |
Annual Per SF | $1.92 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,555 SF
Building Class
C
Year Built
1958
Price
$799,000
Price Per SF
$225
Tenancy
Single
Building Height
1 Story
Building FAR
0.71
Lot Size
0.11 AC
Zoning
CBD - Commercial Business District
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 07-00182-0000-00011 | Total Assessment | $467,400 (2024) |
Land Assessment | $240,000 (2024) | Annual Taxes | $6,815 ($1.92/SF) |
Improvements Assessment | $227,400 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
07-00182-0000-00011
Land Assessment
$240,000 (2024)
Improvements Assessment
$227,400 (2024)
Total Assessment
$467,400 (2024)
Annual Taxes
$6,815 ($1.92/SF)
Tax Year
2023
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Presented by
Compass Re
710-712 New Jersey Ave
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