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Two-Story Townhome Above Office
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6307 New Jersey Avenue, Wildwood Crest, NJ 08260

New construction delivers a two-story townhome over professional office space with open layout and half bath.

Property Size845 SF
Price / SF$351.48
Days on Market168

Property Features for 6307 New Jersey Avenue

General Information

Standard status Active
Size 845 SF
Property subtype Office, Land

Building Details

Units 1
Listing Agency: KELLER WILLIAMS REALTY JERSEY SHORE - AV
Listed By: Michael C. Powers · License #8610395
Source: Crexi
Added: May 7 Changed: Oct 10 Last Checked: Oct 20 at 8:57PM

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 KELLER WILLIAMS REALTY JERSEY SHORE - AV

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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 offering is for a professional office unit within a new construction project scheduled for Spring 2026 delivery. The development features three two-story townhomes above three professional office spaces. Each office is configured with an open work area and includes a half bathroom.

The project is positioned in the heart of Wildwood Crest’s commercial district on New Jersey Avenue.

For buyers seeking a compact, open-plan office with a half bath within an owner-occupant or mixed-use style building, this unit provides a straightforward footprint inside the planned three-office configuration.

Key Highlights

  • New construction with Spring 2026 delivery: three two‑story townhomes above three professional office spaces
  • Each office includes 845 SF of open space plus a half bathroom
  • Two‑story townhomes over professional office space with open layout and a half bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,821
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,420 $276.4K
Cap Rate 7%
$197,443 $197.4K
Cap Rate 9%
$153,567 $153.6K
Market Conditions
NOI Build-Up for 845 SF
Gross rent
$23.6K $27.96/SF
− Vacancy
−$5.2K −$6.15/SF
EGI
$18.4K $21.81/SF
− OpEx
−$4.6K −$5.45/SF
NOI
$13.8K $16.36/SF
Area
Cape May County, NJ
Vacancy
22.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,420
Cap Rate 7%
$197,443
Cap Rate 9%
$153,567

Alternative Uses

Best Use
Office B
$197.4K
$172.8K – $230.4K (±1% cap)
NOI $13,821 @ 7.0% cap · market cap 4.65%
Second Best
Mixed Use
$108.3K
$94.8K – $126.3K (±1% cap)
NOI $7,580 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$258.7K
$226.3K – $301.8K (±1% cap)
NOI $18,106 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Dental Office Plumbing Service Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

712
Businesses Nearby

Demographics for 08260, NJ

12,964
Population
23,076
Households
0.6
Avg Household Size
53
Median Age
28%
College-Educated
93%
High-School Grad
15.9 sq mi
ZIP Area
815
Density / Sq Mi
$71,549
Median Household Income
$40,361
Median Earnings
$1,182
Median Rent
$441,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - New construction delivers a two-story townhome over professional office space with open layout and half bath.
Where is this live-work space located?
The property is located at 6307 New Jersey Avenue Wildwood Crest, NJ.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: New construction with Spring 2026 delivery: three two‑story townhomes above three professional office spaces; Each office includes 845 SF of open space plus a half bathroom; Two‑story townhomes over professional office space with open layout and a half bath
(609) 729-2100 Call to check price and availability
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