New Construction Retail
New
For Sale
$297,000
6307 New Jersey Avenue, Wildwood Crest, NJ 08260
COMMERCIAL/INDUSTRIAL, Wildwood Crest, NJ
Property Size845 SF
Price / SF$351.48
Days on Market2
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: Oct 5
Last Checked: Oct 6 at 6:06PM
MLS# 262849
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 845-square-foot retail space is under construction and offers an open, ground-level layout. Interior features include front-facing windows, finished flooring and ceiling systems, modern lighting, and an interior powder room with dedicated hot water. The unit has separate utilities and gas-fired central HVAC for heating and cooling. B-1 zoning applies.
The property is at 6307 New Jersey Avenue in Wildwood Crest, Cape May County, NJ. The remarks note a short walk to local coffee shops, lunch spots, and beach amenities, with access to Cape May and other nearby shore points.
The property is at 6307 New Jersey Avenue in Wildwood Crest, Cape May County, NJ. The remarks note a short walk to local coffee shops, lunch spots, and beach amenities, with access to Cape May and other nearby shore points.
Key Highlights
- 845 square feet of ground‑level retail space
- B‑1 zoning
- Open interior with front windows, flooring, ceiling systems, and modern lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,795
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,900
$195.9K
Cap Rate 7%
$139,929
$139.9K
Cap Rate 9%
$108,833
$108.8K
Market Conditions
NOI Build-Up for 845 SF
Gross rent
$15.2K $18.00/SF
− Vacancy
−$1.2K −$1.44/SF
EGI
$14.0K $16.56/SF
− OpEx
−$4.2K −$4.97/SF
NOI
$9.8K $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%
$195,900
Cap Rate 7%
$139,929
Cap Rate 9%
$108,833
Alternative Uses
Best Use
Retail
$139.9K
$122.4K – $163.3K
NOI $9,795 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.7K
$226.3K – $301.8K
NOI $18,106 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
712
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail 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?
Retail space - An open ground-floor layout includes a private powder room, separate utilities, and central HVAC.
Where is this retail 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: 845 square feet of ground‑level retail space; B‑1 zoning; Open interior with front windows, flooring, ceiling systems, and modern lighting
