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    Zoned Multi-Use Building on Acreage Title is generated by Realmo AI

    110 S New York Road, Galloway, NJ 08205

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    Claim this Listing
    New
    For Sale
    $4,900,000

    Multi-use 17,000 sq ft building on 4 acres, zoned HD-1 for schools, offices, lodging, and residential care.

    Type:Commercial
    Property size:
    17,000 SF
    Lot size:
    4.00 Acres
    Price / SF:
    $288/SF
    Added:
    Jun 9, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 13 at 3:15 am

    Property Features for 110 S New York Road

    General Information

    Standard status
    Active
    Size
    17,000 SF
    Lot size
    4.00 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1998

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    Listing Contact
    RESA SHAPIRO

    Listing agent RESA SHAPIRO License #1542715

    Listing office HOMESMART FIRST ADVANTAGE

    Listing date Jun 9, 2026

    Source Corcoran

    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 HOMESMART FIRST ADVANTAGE

    HighLights

    • 17,000 SF multi‑use building on 4 acres
    • Year built 1998
    • Zoned HD‑1
    • Permitted uses include schools, offices, lodging facilities, and residential care facilities
    • Can be sold with 58 S New York (also for sale)

    Overview

    The property is a 17,000 sq ft building situated on 4 acres. It is zoned HD-1 and is offered for sale as a flexible, multi-use facility that can accommodate a range of institutional and commercial concepts.

    The parcel at 110 S New York Road includes the full building and surrounding acreage. The offering also notes that the property can be sold together with 58 S New York (also listed for sale).

    Based on the stated HD-1 zoning, the building may be suitable for buyers looking to develop or operate uses such as schools, offices, lodging facilities, or residential care facilities. This combination of building size, site acreage, and zoning scope can support a variety of healthcare-adjacent and community-oriented business models, subject to applicable approvals.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $454.9k $26.76
    − Vacancy −$122.8k −$7.23
    EGI $332.1k $19.53
    − OpEx −$83.0k −$4.88
    NOI $249.1k $14.65
    17,000 SF · lease $26.76/SF/yr · vacancy 27.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.56M
    $3.11M – $4.15M (±1% cap)
    NOI $249,069 @ 7.0% cap · market cap 5.08%
    Second Best
    Apartment 5plus
    $2.43M
    $2.13M – $2.84M (±1% cap)
    NOI $170,165 @ 7.0% cap · market cap 3.47%
    Theoretical Best
    Warehouse
    $6.33M
    $5.54M – $7.39M (±1% cap)
    NOI $443,148 @ 7.0% cap · market cap 9.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Ridgewood Senior Living at Historic Smithville — 705 E Moss Mill Rd, Galloway, NJ 08205

    Location Insight

    • Map
    • Local Demand
    City
    Galloway
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.459196
    Latitude
    39.4825521

    FAQs

    What type of property is this?
    Assisted living facility - Multi-use 17,000 sq ft building on 4 acres, zoned HD-1 for schools, offices, lodging, and residential care.
    Where is this assisted living facility located?
    The property is located at 110 S New York Road Galloway, NJ.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: 17,000 SF multi‑use building on 4 acres; Year built 1998; Zoned HD‑1
    More about this property
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