Storefront Retail
For Sale
Contact for pricing
167 New Jersey Ave, Absecon, NJ 08201
Established retail building with reported 10% cap rate and 3% annual rental increases.
Property Size3,000 SF
Price / SF$393.38
Days on Market75
Property Features for 167 New Jersey Ave
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Retail
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$118,015
Additional Details
Cap Rate
10%
Building Details
Year Built
1928
Year Renovated
2023
Tenancy
Single
Listing Agency:
Matthews
(305) 359-5207
Listed By:
Alexander Machado · License #SL3507121
Source:
Crexi
Added: Jun 17
Changed: Aug 30
Last Checked: Aug 30 at 12:17AM
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 Matthews
Investment Insights
Based on property information with market context.
This storefront retail property contains 3,000 square feet and was constructed in 1928. The asset is presented as an investment property with a reported 10% cap rate and lease economics that include 3% annual rental increases.
The building is located at 167 New Jersey Ave in Absecon, New Jersey. Its storefront configuration supports continued retail use, while the existing rental escalation structure provides a defined income-growth component.
The building is located at 167 New Jersey Ave in Absecon, New Jersey. Its storefront configuration supports continued retail use, while the existing rental escalation structure provides a defined income-growth component.
Key Highlights
- 3,000‑square‑foot storefront retail property
- Reported 10% cap rate
- 3% annual rental increases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 33%
Apparel 12%
Burger King
Dining
10,864 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
7,648 visits/mo
0.4 miles
Bank of America
Shops & Services
5,777 visits/mo
0.1 miles
Dunkin' Donuts
Dining
5,728 visits/mo
0.4 miles
DTLR/VILLA
Apparel
5,163 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
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Similar Off Market Nearby
- Absecon Blooms — 134 New Jersey Ave, Absecon, NJ 08201
Frequently Asked Questions
What type of property is this?
Storefront property - Established retail building with reported 10% cap rate and 3% annual rental increases.
Where is this storefront property located?
The property is located at 167 New Jersey Ave Absecon, NJ.
What is the asking price?
The asking price for this property is $1,180,150.
What are key features of this property?
This property features: 3,000‑square‑foot storefront retail property; Reported 10% cap rate; 3% annual rental increases
