2004 Bayshore Road Villas, NJ 08251
SINGLE_FAMILY - Villas, NJ
- Added:
- Jul 13, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 13 at 10:06 pm
Property Features for 2004 Bayshore Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- GB
- Rooms
- Office
- Parking features
- Off Street
- Interior features
- Handicap Features, Living Space Available, Restroom
- Exterior features
- Sign
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 6,850 SF
- Lot size
- 0.98 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13552
Utilities
- Heating system
- Propane (Heating), Natural Gas, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Number of units
- 6
- Flooring type
- Carpet - Partial, Linoleum
Listing agent Kathleen Harron License #0447965 (609) 780-3938
Listing office RE/MAX SURFSIDE 315 Ocean Street Suite #24, NJ (609) 884-4242
Listing date Jul 13, 2026
Copyright © 2026 Cape May County Association of Realtors. 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.
The property is located on Bayshore Road in Villas, NJ, south of Fulling Mill Road, and is described as offering high visibility and traffic exposure.
Current occupancy includes a mix of established tenants, including a physician, chiropractor, real estate office, linen company, and a residential tenant. The property is generating nearly $100,000 in annual gross rental income. The zoning is listed as GB, and the seller is willing to consider below-market, first-position seller financing for qualified buyers subject to mutually acceptable terms, buyer qualification, and loan documentation. Contact the listing agent for financial information and proposed financing details.
Key Highlights
- Nearly $100,000 in annual gross rental income with all units currently occupied
- Approximately 6,700 SF income‑producing space: five commercial units plus one residential apartment
- High‑visibility storefront with back‑lit signage and sign on the exterior
Local Financial Insights For Healthcare Medical
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 | $205.5k | $30.00 |
| − Vacancy | −$25.7k | −$3.75 |
| EGI | $179.8k | $26.25 |
| − OpEx | −$71.9k | −$10.50 |
| NOI | $107.9k | $15.75 |
