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

    1003 N Evergreen Ave Woodbury, NJ

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Newly renovated, full-functioning brewery near major transportation routes.

    Type:RETAIL
    Property size:
    4,285 SF
    Lot size:
    0.37 Acres
    Added:
    Oct 29, 2025
    Days on Market:
    156
    Last Refresh:
    Apr 1 at 9:32 pm

    Property Features for 1003 N Evergreen Ave

    General Information

    Standard status
    Active
    Size
    4,285 SF
    Lot size
    0.37 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Eric Flocco
    Eric Flocco

    Listing agent Eric Flocco

    Listing office Wolf Commercial Real Estate, LLC/CORFAC International | New Jersey

    Listing date Oct 29, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Wolf Commercial Real Estate, LLC/CORFAC International | New Jersey

    Overview

    Operating Brewery Business For Sale

    The property is a retail building containing approximately 4,285 square feet on 0.39 acres. It is a full-functioning and currently operating brewery business that has been newly renovated. A vacant lot behind the building is also available. The property has easy access to I-295, NJ Turnpike, A.C. Expressway, Route 55, and Delsea Drive. It is in close proximity to Philadelphia International Airport, Philadelphia’s Stadium District, and the Walt Whitman Bridge.
    Location Intelligence

    Current Use by Public Records

    Breweries

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.1587
    Latitude
    39.8252

    Nearby Similar for Sale

    • $2,200

      Professional Office Space Near Courthouse

      Prime office space in Woodbury's courthouse district.
      66 EUCLID STREET, WOODBURY, NJ 08096
      View Details
    • $275,000

      Retail Property in Historic Downtown

      Prime retail space in thriving Woodbury business district.
      31 S BROAD Street, WOODBURY, NJ 08096
      View Details
    • $449,000
      7,827 SF

      Charming Church in Historic Woodbury

      A cherished local landmark with versatile spaces and enduring legacy.
      62 PROGRESS AVENUE, WOODBURY, NJ 08096
      View Details
    • $295,000
      2,570 SF

      Turnkey Tattoo Parlor with Apartment

      Mixed-use property with commercial space and a one-bedroom apartment.
      923 N BROAD STREET, WOODBURY, NJ 08096
      View Details
    • $325,000
      3,360 SF

      Detached One-Story Building For Sale

      One-story building with retail/office, storage areas, and drive-in doors.
      1014 N EVERGREEN AVENUE, WOODBURY, NJ 08096
      View Details
    • $395,000
      1,200 SF

      Automotive Shop with High Visibility

      Automotive shop with high traffic and convenient features.
      1305 Cooper St, Woodbury, NJ
      View Details
    • $599,000

      Downtown Woodbury Commercial Property

      8,791 SF building in historic downtown Woodbury.
      9-13 S Broad Street Woodbury, NJ 08096, NJ 08096
      View Details
    • Contact for pricing
      210 SF

      Historical Building in Downtown Woodbury

      Renovated historical building with cafe and event space.
      65 N Broad St., Woodbury, NJ 08096
      View Details
    • $350,000

      Woodbury Investment Property For Sale

      Mixed-use property with offices, apartment, and garages for sale.
      57 COOPER STREET, WOODBURY, NJ 08096
      View Details
    • $449,000

      Commercial/Industrial

      62 PROGRESS AVENUE, WOODBURY, NJ 08096
      View Details
    • $1,250,000

      Auto Repair Shop For Sale

      Established auto repair and quick-lube operation with underlying real estate.
      1200 Cooper Street, Woodbury, NJ 08096
      View Details
    • Contact for pricing

      Retail Space on Broad Street

      Retail space available with dedicated entrance and shared parking.
      137 South Broad Street, Woodbury, NJ 08096
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Newly renovated, full-functioning brewery near major transportation routes.
    Where is this individual retail property located?
    The property is located at 1003 N Evergreen Ave Woodbury, NJ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Full functioning and currently operating brewery business; Newly renovated; +-4,285 square feet on .39 acres
    (609) 790-6940 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Eric Flocco
    Eric Flocco
    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!