2004 Bayshore Road Villas, NJ 08251
SINGLE_FAMILY - Villas, NJ
Property Features for 2004 Bayshore Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- GB
- Rooms
- Office
- Parking features
- Off Street
- Interior features
- Handicap Features, Living Space Available, Restroom
- Exterior features
- Sign
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 6,850 SF
- Lot size
- 0.98 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13552
Utilities
- Heating system
- Propane (Heating), Natural Gas, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Number of units
- 6
- Flooring type
- Linoleum, Carpet - Partial
Listing agent Kathleen Harron License #0447965 (609) 780-3938
Listing office RE/MAX SURFSIDE 315 Ocean Street Suite #24, NJ (609) 884-4242
Listing date Jul 13, 2026
Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 2004 Bayshore Road in Villas, NJ, the property benefits from visibility and traffic exposure as described in the listing. The current tenant mix includes a physician, chiropractor, real estate office, and linen company, along with the residential apartment.
The property is zoned GB and offers immediate rental income with nearly $100,000 in annual gross rental revenue as stated. The seller is also willing to consider below-market, first-position seller financing for qualified buyers, subject to mutually acceptable terms, buyer qualification, and loan documentation.
Key Highlights
- Nearly $100,000 annual gross rental income; fully leased with all units currently occupied
- About 6,700 SF income‑producing space with 5 commercial units and 1 residential apartment
- Located on Bayshore Road, south of Fulling Mill Road, with back‑lit signage and a sign
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $205.5k | $30.00 |
| − Vacancy | −$25.7k | −$3.75 |
| EGI | $179.8k | $26.25 |
| − OpEx | −$71.9k | −$10.50 |
| NOI | $107.9k | $15.75 |
