Retail/Auto Garage
For Sale
$350,000
63 E Bay Avenue, Manahawkin, NJ 08050
COMMERCIAL - Manahawkin, NJ
Property Size1,832 SF
Lot Size0.30 Acres
Price / SF$191.05
Days on Market51
Property Features for 63 E Bay Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking
15
Parking features
Parking Lot
Directions
Between Route 9 & Park Ave.
Subdivision
Manahawkin
Standard status
Active
APN
31-00144-01-00011
Size
1,832 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6702
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Vinyl
Listing Agency:
EXP Realty
(866) 201-6210
Listed By:
Jason Eckert
(866) 201-6210
Added: Jun 16
Changed: Aug 4
Last Checked: Aug 5 at 5:06PM
MLS# 22618210
Copyright © 2026 More 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.
This offering is a commercial building totaling approximately 1,832 square feet on a 0.3-acre lot. The property has been used for automotive/garage purposes in the past and was most recently operated as a retail store, giving it a flexible layout for a new owner’s vision. Suitable updates may be required depending on how a buyer wants to configure the space for the next business use.
The building is located at 63 E Bay Avenue in Manahawkin, within Stafford Township in Ocean County, New Jersey. It sits directly on East Bay Avenue and is positioned to serve local storefront needs.
For entrepreneurs and small business operators, the prior garage and retail history can make the building practical for a range of hands-on uses where a street-facing commercial presence is important. The combination of a dedicated building footprint and an outdoor lot area provides room to support day-to-day operations, subject to the buyer’s plans and any applicable approvals. Interested parties can contact the listing broker for additional details and to arrange a private tour.
The building is located at 63 E Bay Avenue in Manahawkin, within Stafford Township in Ocean County, New Jersey. It sits directly on East Bay Avenue and is positioned to serve local storefront needs.
For entrepreneurs and small business operators, the prior garage and retail history can make the building practical for a range of hands-on uses where a street-facing commercial presence is important. The combination of a dedicated building footprint and an outdoor lot area provides room to support day-to-day operations, subject to the buyer’s plans and any applicable approvals. Interested parties can contact the listing broker for additional details and to arrange a private tour.
Key Highlights
- 1,800+ sq. ft. commercial building on East Bay Avenue in Stafford Township, Ocean County
- Versatile space previously used as a garage and most recently a retail store
- Forced air heating and central air conditioning
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $21.60 |
| − Vacancy | −$2.2k | −$1.21 |
| EGI | $37.4k | $20.39 |
| − OpEx | −$11.2k | −$6.12 |
| NOI | $26.1k | $14.27 |
1,832 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$373.6K
$326.9K – $435.8K
NOI $26,149 @ 7.0% cap · market cap 7.47%
Second Best
Industrial
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$478.4K
$418.6K – $558.1K
NOI $33,486 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
55k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Hotels & Casinos 30%
Dining 4%
Wawa
Shops & Services
36,081 visits/mo
0.5 miles
Holiday Inn Manahawkin
Hotels & Casinos
16,244 visits/mo
0.5 miles
Jersey Mike's Subs
Dining
1,844 visits/mo
0.2 miles
Rita's Italian Ice
Dining
496 visits/mo
0.3 miles
Demographics for 08050, NJ
26,507
Population
14,182
Households
1.9
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
30.9 sq mi
ZIP Area
858
Density / Sq Mi
$115,456
Median Household Income
$60,458
Median Earnings
$1,756
Median Rent
$377,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kline Bros Backyard Hardscape and Paving — 345 E Bay Ave, Manahawkin, NJ 08050
- Peggy Ann The Girls Florist — 185 N Main St, Manahawkin, NJ 08050
- Reynolds Floral Market — 227 E Bay Ave, Manahawkin, NJ 08050
Frequently Asked Questions
What type of property is this?
Storefront property - Versatile 1,832-square-foot building previously used as a garage and most recently as retail, on a 0.3-acre lot.
Where is this storefront property located?
The property is located at 63 E Bay Avenue Manahawkin, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,800+ sq. ft. commercial building on East Bay Avenue in Stafford Township, Ocean County; Versatile space previously used as a garage and most recently a retail store; Forced air heating and central air conditioning
