Listing Agency: COLDWELL BANKER REALTY Show Phone

Listed By: SANGITA SANCHETI · License #1008005 Show Phone

Source: Corcoran

Added: Jun 8 Changed: Oct 15 Last Checked: Oct 14 at 11:13PM

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Investment Insights

Based on property information with market context.

The property includes a former gas station and convenience store at 101 E Absecon Boulevard in Abescon, New Jersey. The convenience store requires repairs, and the property is offered in its existing condition.

The station’s tanks have been removed. The asset is positioned for redevelopment or repair of the existing improvements, subject to the buyer’s evaluation of the property and applicable requirements.

Key Highlights

• Former gas station with convenience store
• Station tanks have been removed
• Convenience store requires repairs

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Hair Salon Auto Repair Shop Storage Facility

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

425

Businesses Nearby

27k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Shops & Services 36% Apparel 19% Hotels & Casinos 4%

Burger King Dining

10,864 visits/mo 0.5 miles

Bank of America Shops & Services

5,777 visits/mo 0.3 miles

DTLR/VILLA Apparel

5,163 visits/mo 0.4 miles

Jiffy Lube Shops & Services

1,573 visits/mo 0.1 miles

Enterprise Rent-A-Car Shops & Services

1,167 visits/mo 0.2 miles

Demographics for 08201, NJ

10,647

Population

4,286

Households

2.5

Avg Household Size

44

Median Age

32%

College-Educated

95%

High-School Grad

5.7 sq mi

ZIP Area

1,868

Density / Sq Mi

$72,120

Median Household Income

$40,160

Median Earnings

$1,818

Median Rent

$237,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Gas station - Convenience store requires repairs, with the former station’s tanks removed.

Where is this gas station located?

The property is located at 101 E Absecon Boulevard Absecon, NJ.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Former gas station with convenience store; Station tanks have been removed; Convenience store requires repairs