Live-Work Townhomes Above Office
For Sale
$369,000
6307 New Jersey Avenue, Wildwood Crest, NJ 08260
SINGLE_FAMILY - Wildwood Crest, NJ
Property Size845 SF
Price / SF$436.69
Days on Market49
Property Features for 6307 New Jersey Avenue
General Information
Property type
Residential
Property subtype
Office
Property condition
Under Construction
Zoning
B-1
Rooms
Office
Interior features
Restroom
Lot features
Island
Subdivision
Wildwood Crest
Standard status
Active
Size
845 SF
Taxes and HOA fees
Tax Year
2026
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Number of units
1
Flooring type
Slab
Listing Agency:
KELLER WILLIAMS REALTY JERSEY SHORE - AV
(609) 961-6700
Listed By:
Michael C. Powers · License #8610395
(609) 408-4150
Added: Jun 18
Changed: Aug 3
Last Checked: Aug 5 at 4:06PM
MLS# 261675
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 live-work style project will feature three two-story townhomes above three professional office spaces. The office level is described as open workspace with a half bathroom and a restroom, finished on a slab. The project is listed as under construction with a Spring 2026 delivery timeframe and a 2026 year built.
Each office suite is planned at 845 SF, with forced-air heating using natural gas and central air conditioning. The intended mix supports office use alongside residential townhome space within the same development.
Located at 6307 New Jersey Avenue in Wildwood Crest’s commercial district, the property is positioned for day-to-day convenience within the local business area, with zoning designated B-1.
Each office suite is planned at 845 SF, with forced-air heating using natural gas and central air conditioning. The intended mix supports office use alongside residential townhome space within the same development.
Located at 6307 New Jersey Avenue in Wildwood Crest’s commercial district, the property is positioned for day-to-day convenience within the local business area, with zoning designated B-1.
Key Highlights
- Zoned B‑1 in Wildwood Crest’s commercial district
- Three office suites planned above three two‑story townhomes
- Each office suite includes 845 SF open space plus a half bathroom
Financial Insights For Office B
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 | $23.6k | $27.96 |
| − Vacancy | −$5.2k | −$6.15 |
| EGI | $18.4k | $21.81 |
| − OpEx | −$4.6k | −$5.45 |
| NOI | $13.8k | $16.36 |
845 SF · lease $27.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$197.4K
$172.8K – $230.4K
NOI $13,821 @ 7.0% cap · market cap 3.75%
Second Best
Mixed Use
$108.3K
$94.8K – $126.3K
NOI $7,580 @ 7.0% cap · market cap 2.05%
Theoretical Best
Office A
$258.7K
$226.3K – $301.8K
NOI $18,106 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Zoned B-1 and under construction, featuring three office suites with open workspace, half baths, and central air.
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 $369,000.
What are key features of this property?
This property features: Zoned B‑1 in Wildwood Crest’s commercial district; Three office suites planned above three two‑story townhomes; Each office suite includes 845 SF open space plus a half bathroom
