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Retail Storefront Space
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514 New Rd, Somers Point, NJ 08244

Centrally located retail storefront with HC-1 zoning in Somers Point.

Space Size7,200 SF
Days on Market527

Property Features for 514 New Rd

General Information

Standard status Active
Size 7,200 SF
Property subtype RETAIL
Zoning HC-1

Spaces For Lease

at 514 New Rd
514 New Rd AVAILABLE, Now
Floor Bldg
Size 7,200 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Former Big Wally’s Furniture - 17,977 total households within a 10 minute drive time - Centrally-located in Somers Point, Gateway to OCNJ - Zoning: HC-1
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Listing Agency: Metro Commercial - NJ
Listed By: Blaine A. Foreman
Source: Moodyscre
Added: May 23, 2025 Changed: Oct 25 Last Checked: Oct 30 at 3:07PM

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 Metro Commercial - NJ

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail storefront space is offered for rent and was formerly occupied by Big Wally’s Furniture. The property is listed as 7,200 square feet.

The site is centrally located in Somers Point, described as the gateway to OCNJ. The property is in an HC-1 zoning district.

The listing provides household concentration for the immediate trade area, with 17,977 total households within a 10 minute drive time.

Key Highlights

  • Centrally located retail storefront in Somers Point, gateway to OCNJ
  • Zoned HC‑1
  • Former Big Wally’s Furniture

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

Lease Details

NNN (Triple Net)
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Storefront property - Centrally located retail storefront with HC-1 zoning in Somers Point.
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 retail storefront in Somers Point, gateway to OCNJ; Zoned HC‑1; Former Big Wally’s Furniture
(856) 986-0980 Call to check price and availability
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