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Shopping Center Redevelopment with Drive-Through
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331 New Rd, Somers Point, NJ 08244

Planned retail and office-medical redevelopment on Route 9 with two traffic-light access points and drive-through restaurant outparcels.

Space Size9,500 SF
Days on Market560

Property Features for 331 New Rd

General Information

Standard status Active
Size 9,500 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 331 New Rd Contact us

331 New Rd

Floor
1
Size
9,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- A commercial redevelopment project called Defeo Plaza is planned to be located...
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Listing Agency: Brahin Properties, Inc.
Listed By: Lee F. Brahin
Source: Moodyscre
Added: Mar 4, 2025 Changed: Sep 14 Last Checked: Sep 14 at 9:26AM

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 Brahin Properties, Inc.

Investment Insights

Based on property information with market context.

A planned commercial redevelopment project called Defeo Plaza will be located on the existing McNaughton’s parcel at 331 New Road in Somers Point, NJ. The development is expected to include roughly 19,000 square feet of new retail space, a 9,500 square foot office/medical facility, and two restaurant outparcels with drive-thru capabilities.

Defeo Plaza will be situated on Route 9 directly across from the 279,026 square foot Somers Point Plaza. The site will have access to two traffic lights and more than 900 feet of frontage along Route 9 in the heart of the Somers Point commercial corridor.

Somers Point has grown to nearly 30,000 households and approximately 75,000 residents within 5 miles, with commercial occupancy rates over 90%.

Key Highlights

  • Roughly 19,000 SF new retail space as part of Defeo Plaza redevelopment
  • 9,500 SF office/medical facility planned within Defeo Plaza
  • Two restaurant outparcels with drive‑thru capabilities

Property Analytics

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Open Analytics

Current Use

McNaughton's Garden Center Garden Center

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

860
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08244, NJ

10,535
Population
5,898
Households
1.8
Avg Household Size
47
Median Age
30%
College-Educated
89%
High-School Grad
4.9 sq mi
ZIP Area
2,150
Density / Sq Mi
$67,500
Median Household Income
$38,709
Median Earnings
$1,266
Median Rent
$278,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Somers Point Plaza 212 New Rd, Somers Point, NJ 08244
  • Coinstar Kiosk | Bitcoin ATM 212 New Rd Albertsons, Somers Point, NJ 08244
  • Ocean Heights Plaza 319 Bethel Rd, Somers Point, NJ 08244

Frequently Asked Questions

What type of property is this?
Shopping center - Planned retail and office-medical redevelopment on Route 9 with two traffic-light access points and drive-through restaurant outparcels.
Where is this shopping center located?
The property is located at 331 New Rd Somers Point, NJ.
What are key features of this property?
This property features: Roughly 19,000 SF new retail space as part of Defeo Plaza redevelopment; 9,500 SF office/medical facility planned within Defeo Plaza; Two restaurant outparcels with drive‑thru capabilities
(215) 563-7222 Call to check price and availability
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