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    Keller Williams Realty Jersey Shore

    903 Bay Avenue, Ocean City, NJ 08226
    (609) 399-5454
    Web Site
    Size: 10+ agents

    Agents

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    Property Types

    • Commercial Sale
    • Land
    • Residential Multi Family
    • Commercial Lease

    Listings

    For Sale (26)

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    Folsom Borough Land For Sale
    $34,900
    0.79 Acres

    Folsom Borough Land For Sale

    0.79 acre commercial land available in Folsom Borough, New Jersey.

    101 Black Horse Pike, Williamstown, NJ 08094
    View details
    Egg Harbor Township Land Parcel
    $49,900
    0.60 Acres

    Egg Harbor Township Land Parcel

    Land parcel in Egg Harbor Township, New Jersey, for sale.

    114 School House Rd, Egg Harbor Township, NJ 08234
    View details
    Wooded Lot Near Black Horse Pike
    Contact for pricing

    Wooded Lot Near Black Horse Pike

    Wooded lot off Black Horse Pike; buyer responsible for due diligence.

    Cains Mill Rd, Williamstown, NJ 08094
    View details
    Ventnor Commercial Space Opportunity
    Contact for pricing
    950 SF

    Ventnor Commercial Space Opportunity

    Prime corner lot in Ventnor's bustling downtown business district.

    6522 Ventnor Ave, Ventnor, NJ 08406
    View details
    Ventnor Commercial Corner Lot Opportunity
    Contact for pricing
    1,650 SF

    Ventnor Commercial Corner Lot Opportunity

    Prime corner lot in Ventnor's bustling downtown business district.

    6520 Ventnor Ave, Ventnor, NJ 08406
    View details
    Bay Front Commercial/Residential Building
    $480,000
    4,284 SF

    Bay Front Commercial/Residential Building

    Commercial and residential building with apartment in great location.

    3805 Ventnor Ave, Atlantic City, NJ 08401
    View details
    Prime Commercial Building on Shore Road
    $595,000
    2,688 SF

    Prime Commercial Building on Shore Road

    Highly visible commercial building near Shore Medical Center and Ocean City.

    717 Shore Rd, Somers Point, NJ 08244
    View details
    Maurice River Township Land Opportunity
    $269,000
    14.64 Acres

    Maurice River Township Land Opportunity

    14.64 acres of land with highway access.

    347 & Carlisle Pl Rd, Dorchester, NJ 08316
    View details
    Egg Harbor Commercial Development Opportunity
    $3,549,000
    32.00 Acres

    Egg Harbor Commercial Development Opportunity

    Prime commercial real estate with significant development potential.

    439 Westcoat Rd, Egg Harbor Township, NJ 08234
    View details
    Residential Lot Near Beach
    $1,290,000

    Residential Lot Near Beach

    Residential lot near the beach, zoned for duplex.

    17 S Jefferson Ave, Margate, NJ 08402
    View details
    Residential Lot in Egg Harbor
    $97,500
    0.70 Acres

    Residential Lot in Egg Harbor

    Buildable lot in Egg Harbor Township, buyer to perform due diligence.

    7212 Tremont Ave, Egg Harbor Township, NJ 08234
    View details
    New Office Space in Wildwood
    $369,000
    845 SF

    New Office Space in Wildwood

    New construction office space in Wildwood Crest, available Spring 2026.

    6307 New Jersey Ave, Wildwood Crest, NJ 08260
    View details
    New Office Space in Wildwood
    $369,000
    845 SF

    New Office Space in Wildwood

    New construction office space in Wildwood Crest commercial district.

    6307 New Jersey Ave, Wildwood Crest, NJ 08260
    View details
    New Office Space in Wildwood
    $369,000
    845 SF

    New Office Space in Wildwood

    New construction office space in Wildwood Crest, available Spring 2026.

    6307 New Jersey Ave, Wildwood Crest, NJ 08260
    View details
    Vacant Land on Black Horse Pike
    $150,000
    1.34 Acres

    Vacant Land on Black Horse Pike

    1.34 acres of commercial land in Hamilton Township, NJ.

    Black Horse Pike, Mays Landing, NJ 08330
    View details
    Wildwood Crest Hotel For Sale
    $7,695,000

    Wildwood Crest Hotel For Sale

    54-unit motel with ocean views, pool, and owner's quarters.

    6905 Atlantic Ave, Wildwood Crest, NJ 08260
    View details
    Vacant Land in Port Norris
    Contact for pricing
    2.50 Acres

    Vacant Land in Port Norris

    Residential vacant lot available in Port Norris, New Jersey.

    James Moore Rd Rd, Port Norris, NJ 08349
    View details
    Bayfront Land Development Opportunity
    $800,000
    27.50 Acres

    Bayfront Land Development Opportunity

    27.5+/- acre bayfront property in Pleasantville, NJ.

    1122 Clematis Ave, Pleasantville, NJ 08232
    View details
    Bayfront Land Development Opportunity
    $800,000
    27.50 Acres

    Bayfront Land Development Opportunity

    27.5+/- acre bayfront property with development potential in Pleasantville.

    1122 Clematis Ave, Pleasantville, NJ 08232
    View details
    Wildwood Boardwalk Mixed-Use Investment
    $7,500,000

    Wildwood Boardwalk Mixed-Use Investment

    Beachfront property with retail, apartments, parking, and redevelopment potential.

    4314-20 Boardwalk, Wildwood, NJ 08260
    View details
    Prime Development Land Opportunity
    $269,000
    14.64 Acres

    Prime Development Land Opportunity

    14.64 acres with flexible zoning in Maurice River Township.

    Rte 347 & Carlisle Pl, Dorchester, NJ 08316
    View details
    Prime Commercial Building on Shore Road
    $595,000
    2,688 SF

    Prime Commercial Building on Shore Road

    2,688 SF commercial building in Somers Point, NJ for sale.

    717 Shore Rd, Somers Point, NJ 08244
    View details
    Bayside Vacant Lot in Wildwood
    $650,000
    0.98 Acres

    Bayside Vacant Lot in Wildwood

    Nearly one-acre lot with bay views, CAFRA approved.

    9300 Bayview Dr, Wildwood Crest, NJ 08260
    View details
    Residential Vacant Lot Near Shore
    Contact for pricing

    Residential Vacant Lot Near Shore

    Residential vacant lot close to shore towns in Woodbine, NJ.

    112 Franklin St, Woodbine, NJ 08270
    View details
    Large Lot in Ocean City
    $2,200,000

    Large Lot in Ocean City

    19,550sf lot for development in Ocean City, New Jersey.

    112 E 6Th St, Ocean City, NJ 08226
    View details
    Prime Development Opportunity
    $3,549,000

    Prime Development Opportunity

    7.84-acre property with existing structure and development potential.

    439 Westcoat Rd, Egg Harbor Township, NJ 08234
    View details

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    Keller Williams Realty Jersey Shore
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keller Williams Realty Jersey Shore
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