Zoned HD-1 Commercial
110 S New York Road Galloway, NJ 08205
For Sale
$4,900,000
COMMERCIAL - Galloway, NJ
Property Size17,000 SF
Lot Size4.04 Acres
Price / SF$288.24
Days on Market50
Property Features for 110 S New York Road
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Parking features
Off Street
Standard status
Active
APN
11-01260-01-00024-02
Size
17,000 SF
Lot size
4.04 Acres
Utilities
Sewer type
Septic Tank
Cooling system
Central Air
Water source
Well
Building Details
Year built
1998
Floors in Building
1
Listing Agency:
HomeSmart First Advantage
(732) 352-1000
Listed By:
Resa Shapiro · License #1542715
(732) 352-1000
Added: Jun 9
Changed: Jun 12
Last Checked: Jul 28 at 4:06AM
MLS# 22617329
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 offering includes a 17,000 square foot building situated on 4.04 acres. The property is designated HD-1 zoning, creating a platform for multiple higher-intensity institutional and commercial directions depending on an end user’s business needs.
Located at 110 S New York Road in Galloway, New Jersey, the site also presents an option for a combined acquisition. The property can be sold together with 58 S New York, which is also listed for sale.
The HD-1 zoning and building configuration make the site practical for a range of uses, including schools, office operations, lodging facilities, and residential care facilities. For buyers and operators, this flexibility can support planning around program requirements while keeping the focus on uses specifically contemplated by the zoning designation.
Located at 110 S New York Road in Galloway, New Jersey, the site also presents an option for a combined acquisition. The property can be sold together with 58 S New York, which is also listed for sale.
The HD-1 zoning and building configuration make the site practical for a range of uses, including schools, office operations, lodging facilities, and residential care facilities. For buyers and operators, this flexibility can support planning around program requirements while keeping the focus on uses specifically contemplated by the zoning designation.
Key Highlights
- 17,000 SF building on 4 acres
- Zoned HD‑1, with potential uses including schools, offices, lodging, and residential care facilities
- Property is under construction
Financial Insights For Apartment 5plus
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 | $328.4k | $19.32 |
| − Vacancy | −$19.0k | −$1.12 |
| EGI | $309.4k | $18.20 |
| − OpEx | −$139.2k | −$8.19 |
| NOI | $170.2k | $10.01 |
17,000 SF · lease $19.32/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.43M
$2.13M – $2.84M
NOI $170,165 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$6.33M
$5.54M – $7.39M
NOI $443,148 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
School - A 17,000 SF building on 4 acres, zoned HD-1 and suited to offices and care or lodging uses.
Where is this school 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 building on 4 acres; Zoned HD‑1, with potential uses including schools, offices, lodging, and residential care facilities; Property is under construction
