Waterfront Retail
New
For Sale
Contact for pricing
310 42ND PLACE STREET #101 AND #102, Sea Isle City, NJ 08243
Flexible interior space includes floor-level plumbing connections and roof-exhaust ventilation.
Property Size1,092 SF
Price / SF$4.23
Days on Market3
Property Features for 310 42ND PLACE STREET #101 AND #102
General Information
Standard status
Active
Size
1,092 SF
Property subtype
Commercial
Building Details
Year Built
2025
Listing Agency:
Long & Foster Real Estate, Inc.
(609) 822-3339
Listed By:
Susan Hennis Giordano · License #8333740
(609) 602-2684
Source:
Cummingsrealtors
Added: Oct 25
Changed: Oct 26
Last Checked: Oct 26 at 3:38PM
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 Long & Foster Real Estate, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,092-square-foot retail space is offered as a combined unit or as Unit 101 and Unit 102 separately. The interior can be adapted to a tenant’s planned use, subject to required permits and approvals. Plumbing connections are set within the floor, and ventilation exhausts through the roof. A waterfront deck may be rented separately, subject to availability.
The property is at 310 42nd Place in Sea Isle City, near the town’s gateway and Fish Alley. Pickleball courts, local businesses, dining, and entertainment are nearby.
The property is at 310 42nd Place in Sea Isle City, near the town’s gateway and Fish Alley. Pickleball courts, local businesses, dining, and entertainment are nearby.
Key Highlights
- 1,092 square feet of interior retail space
- Available together or separately as Unit 101 and Unit 102
- Floor‑level plumbing connections and roof‑exhaust ventilation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,658
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,160
$253.2K
Cap Rate 7%
$180,829
$180.8K
Cap Rate 9%
$140,644
$140.6K
Market Conditions
NOI Build-Up for 1,092 SF
Gross rent
$19.7K $18.00/SF
− Vacancy
−$1.6K −$1.44/SF
EGI
$18.1K $16.56/SF
− OpEx
−$5.4K −$4.97/SF
NOI
$12.7K $11.59/SF
Area
Cape May County, NJ
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,160
Cap Rate 7%
$180,829
Cap Rate 9%
$140,644
Alternative Uses
Best Use
Retail
$180.8K
$158.2K – $211.0K
NOI $12,658 @ 7.0% cap · market cap 273.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.3K
$292.5K – $390.0K
NOI $23,399 @ 7.0% cap · market cap 506.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Explore this area
Business Placement
Demographics for 08243, NJ
2,104
Population
6,719
Households
0.3
Avg Household Size
64
Median Age
47%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
956
Density / Sq Mi
$98,860
Median Household Income
$55,268
Median Earnings
$1,019,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Flexible interior space includes floor-level plumbing connections and roof-exhaust ventilation.
Where is this retail space located?
The property is located at 310 42ND PLACE STREET #101 AND #102 Sea Isle City, NJ.
What are key features of this property?
This property features: 1,092 square feet of interior retail space; Available together or separately as Unit 101 and Unit 102; Floor‑level plumbing connections and roof‑exhaust ventilation
