Retail Storefront with Truck
For Sale
$599,000
556 SEA ISLE Boulevard, Ocean View, NJ 08230
COMMERCIAL/INDUSTRIAL, Ocean View, NJ
Property Size4,000 SF
Lot Size1.70 Acres
Price / SF$149.75
Days on Market138
Property Features for 556 SEA ISLE Boulevard
General Information
Property type
Residential
Property subtype
Retail
Zoning
OVCC
Parking features
Off Street
Security features
Security System
Interior features
220 Volt Electricity, Display Window, Security System, Smoke/Fire Alarm
Exterior features
Truck Door
Lot features
Mainland, Highway, Shopping Center
Subdivision
Ocean View
Standard status
Active
Size
4,000 SF
Lot size
1.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8418
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Well
Building Details
Number of units
2
Listing Agency:
BERKSHIRE HATHAWAY HS FOX & ROACH - Northfield
(609) 646-1900
Listed By:
Richard Baehrle · License #8436462
(609) 226-6680
Added: May 29
Changed: Oct 10
Last Checked: Oct 13 at 2:06AM
MLS# 261458
Copyright © 2026 Cape May County Association of Realtors. 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.
This 4,000-square-foot storefront property occupies 1.7 acres at 556 Sea Isle Boulevard in Ocean View, New Jersey. The building includes display windows, 220 Volt electricity, a security system, and smoke/fire alarms, along with a truck door and off-street parking.
Heating is provided by natural gas and forced air, while central air serves the cooling system. Water is supplied by a well. WaWa and USPS are identified as anchors, and the property is positioned along Sea Isle Boulevard. The offering is conveyed in its present “As Is” condition.
Heating is provided by natural gas and forced air, while central air serves the cooling system. Water is supplied by a well. WaWa and USPS are identified as anchors, and the property is positioned along Sea Isle Boulevard. The offering is conveyed in its present “As Is” condition.
Key Highlights
- 4,000 square feet on 1.7 acres
- OVCC zoning
- 220 Volt electricity, display windows, security system, and smoke/fire alarms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,368
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,360
$927.4K
Cap Rate 7%
$662,400
$662.4K
Cap Rate 9%
$515,200
$515.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$5.8K −$1.44/SF
EGI
$66.2K $16.56/SF
− OpEx
−$19.9K −$4.97/SF
NOI
$46.4K $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%
$927,360
Cap Rate 7%
$662,400
Cap Rate 9%
$515,200
Alternative Uses
Best Use
Retail
$662.4K
$579.6K – $772.8K
NOI $46,368 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,709 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
29k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Home Improvements & Furnishings 9%
Wawa
Shops & Services
26,104 visits/mo
0.1 miles
Gardner True Value Hardware
Home Improvements & Furnishings
2,561 visits/mo
0.0 miles
Demographics for 08230, NJ
5,908
Population
2,669
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
98%
High-School Grad
19.5 sq mi
ZIP Area
303
Density / Sq Mi
$110,667
Median Household Income
$63,750
Median Earnings
$1,757
Median Rent
$406,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 - OVCC-zoned property with display windows, off-street parking, and truck access.
Where is this storefront property located?
The property is located at 556 SEA ISLE Boulevard Ocean View, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 4,000 square feet on 1.7 acres; OVCC zoning; 220 Volt electricity, display windows, security system, and smoke/fire alarms
