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

    319 S New York Rd Rd Absecon, NJ 08205

    Sponsored
    For Sale
    $150,000

    UnimprovedLand - Absecon, NJ

    Lot size:
    2.45 Acres
    Days on Market:
    171
    Last Refresh:
    Feb 1 at 9:06 am

    Property Features for 319 S New York Rd Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.45 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    RICHARD BAEHRLE
    RICHARD BAEHRLE

    Berkshire Hathaway HomeServices Fox & Roach, Realtors

    Listing agent Richard Baehrle

    Listing date Aug 15, 2025

    MLS# 599341 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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

    Galloway Land Parcel For Sale

    This 2.45-acre lot is located in Galloway, NJ, and is zoned NR (Neighborhood Residential). The property is situated near Seaview and Galloway National Country Clubs, just past Lost Pine Way. Permitted uses include retail shops, professional offices, churches, and single-family homes, subject to approvals. The lot features 158 feet of road frontage and has utilities available. The property is a wooded lot located near Route 9 and Smithville. The annual taxes are $2,164 per year (2022).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Absecon
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.472152
    Latitude
    39.456633

    Nearby Similar for Sale

    • Contact for pricing
      4,800 SF

      Absecon Office Suite For Sale

      2,400 SF office suite in Atlantic Professional Park.
      4 E Jimmie Leeds Rd, Absecon, NJ 08205
      View Details
    • $99,900
      0.12 Acres

      Established Business Opportunity in Absecon

      Profitable business with secured contracts for immediate revenue.
      1205 Peterson Way, Absecon, NJ 08201
      View Details
    • $99,900

      Established Business Opportunity in Absecon

      Established business with secured contracts and immediate revenue stream.
      1205 Peterson Way, Absecon, NJ 08201
      View Details
    • $995,000
      5.45 Acres

      Waterfront Motel Near Atlantic City

      26-room motel with owner's quarters on 5.45 acres.
      547 Absecon Blvd, Absecon, NJ 08201
      View Details
    • $570,000

      Prime Commercial Property on White Horse Pike

      Commercial property with high visibility and accessibility on White Horse Pike.
      300 White Horse Pike Pike, Absecon, NJ 08201
      View Details
    • $700,000

      Absecon Office/Professional Condominium Units

      Five condominium office units available in Absecon, New Jersey.
      200 S New Rd, Absecon, NJ 08201
      View Details
    • $550,000
      0.25 Acres

      Redevelopment Property in Abescon, NJ

      Redevelopment property, formerly gas station with convenience store.
      101 E Absecon Blvd, Absecon, NJ 08201
      View Details
    • Contact for pricing
      104,556 SF

      Retail Space in Absecon Center

      Retail spaces available in ALDI-anchored shopping center in Absecon.
      674 White Horse Pike, Absecon, NJ 08201
      View Details
    • Contact for pricing

      Prime Absecon Office Space

      Renovated Office, 3000 sq ft, NNN Lease
      555 New Jersey Ave, Absecon, NJ 08201
      View Details
    • $499,000
      21.00 Acres

      21 Acres on Route 30, Absecon

      Prime Commercial Land - High Visibility
      White Horse Pike Pike Pike, Absecon, NJ 08201
      View Details
    • $1,250,000

      Profitable Vacation Rental Business

      Established turnkey rental management
      0 Multi-State Vacation Homes Management & Rentals Company, Absecon, NJ 08201
      View Details

    FAQs

    What type of property is this?
    Land - 2.45-acre lot zoned for multiple uses in Galloway, NJ.
    Where is this land located?
    The property is located at 319 S New York Rd Rd Absecon, NJ.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Large 2.45-acre lot zoned NR (Neighborhood Residential) offering diverse development possibilities with approvals.; - Prime location near Seaview and Galloway National Country Clubs.; - Utilities are readily available on the property.
    (609) 226-6680
    Request Owner's contact information
    319 S New York Rd Rd Absecon, NJ 08205
    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.
    319 S New York Rd Rd
    Absecon, NJ 08205
    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
    319 S New York Rd Rd Absecon, NJ 08205
    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
    RICHARD BAEHRLE
    RICHARD BAEHRLE
    Real Estate License ID: SB-8436462
    (609) 226-6680
    Learn more
    Google sign-in failed. Please try again or use another login method.