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Prime Commercial Location in Somers Point
For Sale
$1,349,500

505 New Rd, Somers Point, NJ 08244

This is the commercial location your competitors hope you never find.

Property Size13,864 SF
Lot Size1.10 Acres
Price / SF$97.34
Days on Market262

Property Features for 505 New Rd

General Information

Standard status Active
Property type Other retail properties, Office buildings, Other healthcare properties, Retail properties & Spaces, Office Spaces, Healthcare properties
Size 13,864 SF
Elevators No
Lot size 1.10 Acres
Occupancy 75%

Building Details

Year Built 1954
Buildings 1
Stories 2
Listing Agency: BHHS Fox & Roach-Northfield
Listed By: Rich
Added: Dec 2, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 13,864 square foot multi-tenanted property is located on New Road in Somers Point, New Jersey. Situated on a 1.1-acre lot, the property benefits from high visibility and traffic. The location is near the Garden State Parkway and minutes from Ocean City. The property features renovated suites, roadside signage, and off-street parking. The property is surrounded by national and regional businesses.

Property Analytics

Current Use

Steffen Victoria A Law Firm Ellis and Ellis LLC Law Firm Network Connectivity (Bike/Boat/Book/etc) Store Barbara E. Frank, ... Counselor Gigi's House Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Grocery & Convenience Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby

Demographics for 08244, NJ

10,535
Population
5,898
Households
1.8
Avg Household Size
47
Median Age
30%
College-Educated
89%
High-School Grad
4.9 sq mi
ZIP Area
2,150
Density / Sq Mi
$67,500
Median Household Income
$38,709
Median Earnings
$1,266
Median Rent
$278,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Other retail property - This is the commercial location your competitors hope you never find.
Where is this other retail property located?
The property is located at 505 New Rd Somers Point, NJ.
What is the asking price?
The asking price for this property is $1,349,500.
More about this property
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