Flex Space with Loading
For Sale
$730,000
222 204-216 N New Road, Pleasantville, NJ 08232
COMMERCIAL/INDUSTRIAL, Pleasantville, NJ
Property Size4,500 SF
Lot Size0.98 Acres
Price / SF$162.22
Days on Market57
Property Features for 222 204-216 N New Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
UEZC
Rooms
Office
Interior features
Restroom, Storage
Exterior features
Loading Dock
Directions
AC Expressway Exit 5 to N New Road. Property on left.
Subdivision
Pleasantville City
Standard status
Active
Lot size
0.98 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16740
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Additional Structures
Storage
Buildings
1
Listing Agency:
PLATINUM REAL ESTATE
(609) 641-3400
Listed By:
Dominika Narewska
(609) 271-8032
Added: Sep 9
Changed: Nov 2
Last Checked: Nov 4 at 5:06AM
MLS# 611694
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This approximately 4,500-square-foot flex property pairs warehouse and office areas with storage and a restroom. The building has high ceilings, two 10-foot overhead doors, one loading dock, and 208/220V, 600-amp electrical service. On-site parking is available, and the property is offered vacant as real estate only, in its present as-is condition. The sale includes an adjoining lot, creating a combined parcel measuring 300 feet by 142 feet.
Situated in Pleasantville’s UEZC, the property has immediate access to the Atlantic City Expressway. Public water and public sewer serve the site. Zoning is UEZC.
Situated in Pleasantville’s UEZC, the property has immediate access to the Atlantic City Expressway. Public water and public sewer serve the site. Zoning is UEZC.
Key Highlights
- Approximately 4,500 square feet of warehouse and office space
- Combined lot measures 300'x142' and includes an adjoining parcel
- Two 10' overhead doors and one loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,965
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,300
$979.3K
Cap Rate 7%
$699,500
$699.5K
Cap Rate 9%
$544,056
$544.1K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$81.0K $18.00/SF
− Vacancy
−$5.7K −$1.26/SF
EGI
$75.3K $16.74/SF
− OpEx
−$26.4K −$5.86/SF
NOI
$49.0K $10.88/SF
Area
Atlantic County, NJ
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,300
Cap Rate 7%
$699,500
Cap Rate 9%
$544,056
Alternative Uses
Best Use
Warehouse
$1.68M
$1.47M – $1.96M
NOI $117,304 @ 7.0% cap · market cap 16.07%
Second Best
Industrial
$1.38M
$1.21M – $1.61M
NOI $96,603 @ 7.0% cap · market cap 13.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08232, NJ
19,897
Population
7,136
Households
2.8
Avg Household Size
37
Median Age
11%
College-Educated
73%
High-School Grad
5.9 sq mi
ZIP Area
3,372
Density / Sq Mi
$52,476
Median Household Income
$30,661
Median Earnings
$1,210
Median Rent
$179,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Vacant warehouse and office space has high ceilings, on-site parking, and 600-amp electrical service.
Where is this flex space located?
The property is located at 222 204-216 N New Road Pleasantville, NJ.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Approximately 4,500 square feet of warehouse and office space; Combined lot measures 300'x142' and includes an adjoining parcel; Two 10' overhead doors and one loading dock
