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Mixed-Use Property with Commercial Yard
For Sale
$1,200,000

585 Route 9, Little Egg Harbor, NJ 08087

Land/Lots, Little Egg Harbor, NJ

Property Size3,745 SF
Lot Size2.27 Acres
Price / SF$320.43
Days on Market230

Property Features for 585 Route 9

General Information

Property type Land
Property subtype Other
Lot features Fenced Area, Irregular Lot, Level, Subdividable, Cleared, Graded, Major Frontage, Multi- Lot Subdivision
High school Pinelands Regional
Directions Route 9 South past Giffordtown Rd building is on the Right. across from Rite Aid and car wash
Subdivision Little Egg Harb
Standard status Active
APN 17-00277-0000-00003
Size 3,745 SF
Lot size 2.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 19434

Building Details

Additional Structures Residence
Listing Agency: Keller Williams Realty Monmouth/Ocean
Listed By: Mohamed Bassyouni · License #1859124
Added: Feb 18 Changed: Sep 3 Last Checked: Oct 6 at 11:06PM
MLS# 22604531

Copyright © 2026 More MLS. 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.

This mixed-use property combines retail, storage, residential, warehouse, and outdoor commercial components within a 2.27-acre assemblage. Improvements include a 1,500-square-foot retail area, a two-bedroom apartment above, a 2,000-square-foot warehouse or garage, and a fenced commercial yard. The property also includes a six-bedroom house requiring renovation and is offered in its existing condition.

Located along Route 9 in Little Egg Harbor, the package includes the addresses 545, 565, and 585 Route 9S. The site is in the General Business (GB) zone, with 32 permitted uses and 13 conditional uses identified in the zoning materials. Nearby businesses include Super Walmart, Tractor Supply, Rite Aid, and McDonald’s. Buyer due diligence with the township is required.

Key Highlights

  • 2.27‑acre mixed‑use property in Little Egg Harbor
  • General Business (GB) zoning with 32 permitted uses and 13 conditional uses
  • 1,500‑square‑foot retail area with a two‑bedroom apartment above

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,453
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,060 $1.1M
Cap Rate 7%
$763,614 $763.6K
Cap Rate 9%
$593,922 $593.9K
Market Conditions
NOI Build-Up for 3,745 SF
Gross rent
$80.9K $21.60/SF
− Vacancy
−$4.5K −$1.21/SF
EGI
$76.4K $20.39/SF
− OpEx
−$22.9K −$6.12/SF
NOI
$53.5K $14.27/SF
Area
Ocean County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,060
Cap Rate 7%
$763,614
Cap Rate 9%
$593,922

Alternative Uses

Best Use
Retail
$763.6K
$668.2K – $890.9K (±1% cap)
NOI $53,453 @ 7.0% cap · market cap 4.45%
Second Best
Warehouse
$729.2K
$638.0K – $850.7K (±1% cap)
NOI $51,042 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$977.9K
$855.7K – $1.14M (±1% cap)
NOI $68,453 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Auto Parts Store Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

212
Businesses Nearby

Demographics for 08087, NJ

25,191
Population
12,982
Households
1.9
Avg Household Size
49
Median Age
28%
College-Educated
94%
High-School Grad
70.1 sq mi
ZIP Area
359
Density / Sq Mi
$87,449
Median Household Income
$47,779
Median Earnings
$1,760
Median Rent
$323,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - General Business zoning supports a mix of retail, warehouse, residential, and other commercial uses.
Where is this mixed-use property located?
The property is located at 585 Route 9 Little Egg Harbor, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2.27‑acre mixed‑use property in Little Egg Harbor; General Business (GB) zoning with 32 permitted uses and 13 conditional uses; 1,500‑square‑foot retail area with a two‑bedroom apartment above
More about this property
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