Multi-Tenant Retail
For Sale
$1,225,000
505 New Rd, Somers Point, NJ 08244
COMMERCIAL - Somers Point, NJ
Property Size13,684 SF
Lot Size1.10 Acres
Price / SF$89.52
Days on Market270
Property Features for 505 New Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC-1
Security features
Security System, Security Lighting
Interior features
220 Volt Electricity, Security System, Smoke/Fire Alarm
Exterior features
Security Light/System, Sign
Lot features
Highway
Directions
NEW RD (US-9) SOUTH
Subdivision
Somers Point City
Standard status
Active
Lot size
1.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
42876
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Zoned, Central Air
Water source
Public
Building Details
Year built
1954
Flooring type
Slab, Carpet, Linoleum
Roof type
Flat
Listing Agency:
BHHS FOX and ROACH-Northfield
(609) 646-1900
Listed By:
RICHARD BAEHRLE · License #8436462
(609) 226-6680
Added: Nov 24, 2025
Changed: Aug 4
Last Checked: Aug 21 at 9:06AM
MLS# 602649
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.
Investment Insights
Based on property information with market context.
Multi-tenant retail storefront at 505 New Rd offering renovated suites and a mix of flooring types including linoleum, slab, and carpet. The building includes forced air heating with natural gas, zoned central air, and a flat roof. Tenant-ready building systems and security features include 220 volt electricity, a security system, and smoke/fire alarms. Exterior features include security lighting and signage, supporting street-facing visibility.
The property sits on a 1.1-acre lot in Somers Point, NJ (HC-1 zoning). The location is described as being on a high-traffic corridor along Route 9, with convenient access noted to the Parkway and Ocean City minutes away. The surrounding retail environment includes national and regional users such as Target, ShopRite, McDonald’s, Dunkin’, and Aldi.
With public water and public sewer, the asset is set up for straightforward operations for a variety of retail tenants needing prominent roadside presence and dedicated off-street parking.
The property sits on a 1.1-acre lot in Somers Point, NJ (HC-1 zoning). The location is described as being on a high-traffic corridor along Route 9, with convenient access noted to the Parkway and Ocean City minutes away. The surrounding retail environment includes national and regional users such as Target, ShopRite, McDonald’s, Dunkin’, and Aldi.
With public water and public sewer, the asset is set up for straightforward operations for a variety of retail tenants needing prominent roadside presence and dedicated off-street parking.
Key Highlights
- 13,684 SF multi‑tenant retail storefront with renovated suites
- 1.1‑acre lot in HC‑1 zoning
- Roadside signage and security lighting
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 40%
Chipotle Mexican Grill
Dining
7,528 visits/mo
0.5 miles
Lukoil
Shops & Services
4,926 visits/mo
0.5 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - HC-1 zoned multi-tenant storefront with signage, off-street parking, and central air.
Where is this storefront 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 $1,225,000.
What are key features of this property?
This property features: 13,684 SF multi‑tenant retail storefront with renovated suites; 1.1‑acre lot in HC‑1 zoning; Roadside signage and security lighting
