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Office Space Above Townhomes
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 Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 2026
Number of units 1
Flooring type Slab
Listing Agency: KELLER WILLIAMS REALTY JERSEY SHORE - AV
Listed By: Michael C. Powers · License #8610395
Added: Jun 18 Changed: Aug 3 Last Checked: Aug 5 at 4:06PM
MLS# 261667

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 under-construction property is planned to include three two-story townhomes above three professional office spaces. Each office is designed with an open layout and a half bathroom, along with a restroom interior feature. Flooring is noted as slab, and mechanicals include natural gas forced air heating with central air cooling.

The project is slated for Spring 2026 delivery, with the building year listed as 2026. Located at 6307 New Jersey Avenue in Wildwood Crest, the property sits within B-1 zoning, positioned for professional office use in the area’s commercial district.

The combination of office space and townhomes above may support a tenant or ownership plan that benefits from mixed building design while keeping the office floor configured as dedicated professional space.

Key Highlights

  • Planned office layout: open space with half bathroom in each suite
  • Three professional office spaces above three two‑story townhomes
  • Central air cooling with natural gas forced air heating

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 (±1% cap)
NOI $13,821 @ 7.0% cap · market cap 3.75%
Second Best
Mixed Use
$108.3K
$94.8K – $126.3K (±1% cap)
NOI $7,580 @ 7.0% cap · market cap 2.05%
Theoretical Best
Office A
$258.7K
$226.3K – $301.8K (±1% cap)
NOI $18,106 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Plumbing Service Grocery & Convenience Store Locksmith Garden Center (Bike/Boat/Book/etc) 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.

Lease Details

3
Office units

Location Intelligence

Trade Area within ½ mile

349
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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Under-construction office spaces with open layouts, half bathrooms, and central air in B-1 zoning
Where is this office units 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: Planned office layout: open space with half bathroom in each suite; Three professional office spaces above three two‑story townhomes; Central air cooling with natural gas forced air heating
More about this property
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