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Somers Point Retail Opportunity
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514 New Rd, Somers Point, NJ 08244

7,200 SF retail space in Somers Point, New Jersey.

Property Size7,200 SF
Days on Market273

Property Features for 514 New Rd

General Information

Standard status Active
Size 7,200 SF
Property subtype Retail

Building Details

Building Size 7,200 SF

Properties For Sale

at 514 New Rd Contact us

514 New Rd

Size
7,200 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Blaine Foreman
Source: Metrocommercial
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 21 at 5:38AM

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 Blaine Foreman

Investment Insights

Based on property information with market context.

This 7,200 square foot retail property is centrally located in Somers Point, New Jersey, which is considered the gateway to Ocean City, New Jersey. The property was formerly occupied by Big Wally’s Furniture. The surrounding area contains 17,977 total households within a 10-minute drive. The zoning is HC-1.

Key Highlights

  • Centrally‑located in Somers Point, Gateway to OCNJ
  • 7,200 SF Total Space Available
  • 17,977 total households within a 10 minute drive time

Property Analytics

Current Use

Big Wally's Discount ... Furniture & Home Goods

Suggested Use

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

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

1,148
Businesses Nearby
Under-served
Demand for This Use

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - 7,200 SF retail space in Somers Point, New Jersey.
Where is this storefront property located?
The property is located at 514 New Rd Somers Point, NJ.
What are key features of this property?
This property features: Centrally‑located in Somers Point, Gateway to OCNJ; 7,200 SF Total Space Available; 17,977 total households within a 10 minute drive time
More about this property
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