Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    First Avenue Mays Landing, NJ 08330

    View on Map
    Picture of Land at First Avenue, Mays Landing, NJ
    For Sale
    $59,000

    1+ To 5 Acres - Mays Landing, NJ

    Lot size:
    4.37 Acres
    Added:
    Sep 5, 2025
    Days on Market:
    213
    Last Refresh:
    Apr 5 at 7:06 pm

    Property Features for First Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    See Remarks
    Standard status
    Active
    Lot size
    4.37 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    120

    We can help!

    Listing Contact
    Linda Falzani

    Listing agent Linda Falzani License #1327670

    Listing office RE/MAX ATLANTIC 703 WHITE HORSE PIKE, NJ

    Listing date Sep 5, 2025

    MLS# 600108 Listing URL

    Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mays Landing Wooded Lot

    This property consists of a 4.37-acre wooded lot located in Hamilton Township, Mays Landing, Atlantic County, New Jersey. The zoning is detailed in the remarks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Mays Landing
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7366
    Latitude
    39.4502

    Nearby Similar for Sale

    • $325,000

      Mays Landing Commercial Opportunity

      Commercial property with road frontage, ample parking, and flexible layout.
      5467 Harding Hwy, Mays Landing, NJ 08330
      View Details
    • $359,000

      Mays Landing Prime Acreage Parcel

      3-acre parcel in Hamilton Business Park, Mays Landing, NJ.
      Atlantic Ave, Mays Landing, NJ 08330
      View Details
    • $795,900

      Established Bar & Restaurant Opportunity

      Turnkey bar and restaurant for sale in Mays Landing.
      5698 Somers Point Rd, Mays Landing, NJ 08330
      View Details
    • $474,900

      Spacious Rancher with Income Potential

      4.37-acre rancher with in-law suite and equestrian features.
      1853 McCall Ave, Mays Landing, NJ 08330
      View Details
    • $239,900

      Commercial Building on Route 40

      Stand-alone building with excellent exposure, ideal for retail or office.
      1 CAMAC Avenue, MAYS LANDING, NJ 08330
      View Details
    • $239,900

      Route 40 Commercial Building

      Stand-alone building with excellent exposure, ideal for retail or office.
      1 Camac Ave, Mays Landing, NJ 08330
      View Details
    • $474,900
      1,962 SF

      Spacious Rancher on Acreage

      4.37-acre rancher with in-law suite and equestrian amenities.
      1853 MCCALL Avenue, MAYS LANDING, NJ 08330
      View Details
    • $950,000

      Profitable Farm & Garden Center

      Multi-generation family business on 17.5 acres with highway frontage.
      7317 Black Horse Pike, Mays Landing, NJ 08330
      View Details
    • $560,000

      Approved Lot in Business Park

      Approved 5.33 acre lot for various commercial uses.
      1410 Cantillon Blvd, Mays Landing, NJ 08330-1141
      View Details
    • $229,000

      Weymouth Township Commercial Opportunity

      Commercial property in Weymouth Township, New Jersey, with renovation potential.
      907 boulevard Route 50, Weymouth Township, NJ 08330
      View Details
    • $50,000

      Mays Landing Acreage Opportunity

      4.86 acres in Hamilton Township, near US-40 and Expressway.
      4854 Holly Street, Mays Landing, NJ 08330
      View Details
    • $479,900
      2,400 SF

      Mays Landing Duplex For Sale

      Belcoville duplex featuring updated units and hardwood floors.
      1305 Matthews Ave, Mays Landing, NJ 08330
      View Details

    FAQs

    What type of property is this?
    Land - Wooded lot in prime Hamilton Township location.
    Where is this land located?
    The property is located at First Avenue Mays Landing, NJ.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: Wooded lot offering privacy and natural beauty.; Prime location for convenient access to amenities.; Situated in desirable Hamilton Township.
    (609) 217-2755
    We can help!
    Listing Contact
    Linda Falzani
    Real Estate License ID: 1327670
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!