Sign Up Successful!
You now have access to more from Realmo!
    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

    208 Balfour Ave Ave Linwood, NJ 08221

    Sponsored
    For Sale
    $500,000

    20,001 Sqft To 1 Acre - Linwood, NJ

    Lot size:
    0.82 Acres
    Days on Market:
    184
    Last Refresh:
    Feb 5 at 8:06 am

    Property Features for 208 Balfour Ave Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Lot size
    0.82 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    We can help!

    Listing Contact
    ENAS GHRAYEB

    Keller Williams Realty Atlantic Shore (609) 839-7904

    Listing agent ENAS GHRAYEB (609) 484-9890 License #1650626

    Listing date Aug 6, 2025

    MLS# 593454 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.

    Learn more

    Property Insight Report

    Overview

    Linwood Vacant Lot For Sale

    Located in the sought-after Gold Coast neighborhood of Linwood, this vacant lot presents an opportunity for residential development. The property, sized between 20,001 square feet and 1 acre, measures approximately 0.82 acres. The site is zoned for residential use and offers potential views of the bay, meadows, and the Atlantic City skyline. This lot is positioned within a luxury area and is one of the last vacant lots available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Linwood
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.568431
    Latitude
    39.339752

    Nearby Similar for Sale

    • $599,900

      Versatile Mixed-Use Property For Sale

      Mixed-use property with commercial and residential zoning in prime location.
      616 W Ocean Heights Ave, Linwood, NJ 08221
      View Details
    • New
      $899,000
      6,500 SF

      Mixed-Use Commercial Building in Linwood

      6,500 SF warehouse and office space with ample parking.
      501 W Patcong Ave, Linwood, NJ 08221
      View Details
    • New
      $899,000
      6,500 SF

      Mixed-Use Commercial Building For Sale

      6,500 SF Linwood building with warehouse and office space.
      501 W Patcong Ave, Linwood, NJ 08221
      View Details
    • $899,000
      3,400 SF

      Versatile Commercial Property Near Jersey Shore

      Expansive commercial property in Linwood, ideal for various ventures.
      535 Maple Ave, Linwood, NJ 08221
      View Details
    • $375,000

      Duplex in High-Demand Linwood Location

      Solid duplex on oversized lot near shopping and conveniences.
      606 W Ocean Heights Ave, Linwood, NJ 08221
      View Details
    • $1,750,000

      Linwood Office/Retail Space For Sale

      Prime commercial space in Linwood, ideal for various businesses.
      700 New Rd, Linwood, NJ 08221
      View Details
    • $957,000

      Linwood Office Building - Prime Location

      Spacious Office Building, Excellent Visibility
      1401 New Rd, Linwood, NJ 08221
      View Details
    • $4,750,000
      20,300 SF

      Linwood, NJ Office Building

      Class A Office, High Occupancy, Prime Location
      401 New Rd, Linwood, NJ 08221
      View Details
    • $1,499,000
      11,000 SF

      Prime Linwood Office Building

      Class A Office, Strong Tenants, High Visibility
      327 Central Ave, Linwood, NJ 08221
      View Details
    • $189,999
      1,153 SF

      Linwood Office Space: Prime Location

      NJ Office: 1153 sq ft, $189,999
      2106 New Rd, Linwood, NJ 08221
      View Details
    • $4,750,000
      20,300 SF

      Class A Linwood Office Building

      Prime Linwood Office, High Occupancy
      401 New Rd, Linwood, NJ 08221
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot in Linwood's Gold Coast neighborhood, ready for development.
    Where is this residential land & home lot located?
    The property is located at 208 Balfour Ave Ave Linwood, NJ.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Vacant lot in the highly desirable Gold Coast neighborhood of Linwood.; - Waterfront property.; - Opportunity to build a custom dream home.
    (201) 674-0447
    Request Owner's contact information
    208 Balfour Ave Ave Linwood, NJ 08221
    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.
    208 Balfour Ave Ave
    Linwood, NJ 08221
    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
    208 Balfour Ave Ave Linwood, NJ 08221
    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

    We can help!
    Listing Contact
    ENAS GHRAYEB
    Real Estate License ID: 1650626
    (201) 674-0447
    Learn more
    Google sign-in failed. Please try again or use another login method.