Flex Building with Loading
For Sale
$730,000
222 N New Road, Pleasantville, NJ 08232
COMMERCIAL/INDUSTRIAL, Pleasantville, NJ
Property Size4,500 SF
Lot Size0.98 Acres
Price / SF$162.22
Days on Market47
Property Features for 222 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
Listing Agency:
PLATINUM REAL ESTATE
(609) 641-3400
Listed By:
Dominika Narewska
(609) 271-8032
Added: Sep 9
Changed: Oct 3
Last Checked: Oct 25 at 8:06PM
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 vacant flex property contains approximately 4,500 square feet arranged for warehouse and office functions, with storage and a restroom. The sale includes an adjoining lot; together, the parcels measure 300' x 142'. Loading capacity includes two 10' overhead doors and one dock, while electrical service is 208/220V, 600-amp. The property is offered as real estate only and is being sold as-is.
In Pleasantville’s UEZ, the site has immediate access to the Atlantic City Expressway. Public water and public sewer serve the property.
In Pleasantville’s UEZ, the site has immediate access to the Atlantic City Expressway. Public water and public sewer serve the property.
Key Highlights
- Approximately 4,500 square feet of warehouse and office space
- Sale includes adjoining lot; combined parcel dimensions are 300' x 142'
- 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.
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Current Use
Lease Details
1
Dock-high doors
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
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse and office areas combine with high ceilings and convenient dock access.
Where is this flex space located?
The property is located at 222 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; Sale includes adjoining lot; combined parcel dimensions are 300' x 142'; Two 10' overhead doors and one loading dock
