Mixed-Use Property with
For Sale
$1,700,000
706 Atlantic City Boulevard, Bayville, NJ 08721
Commercial Sale, Bayville, NJ
Property Size5,700 SF
Lot Size2.10 Acres
Price / SF$298.25
Days on Market171
Property Features for 706 Atlantic City Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Highway, Commercial
Rooms
Basement
Parking
35
Parking features
Parking Lot
Interior features
Handicapped
Basement
Full
Accessibility
Accessible Approach with Ramp
Lot features
Landscaped, Major Frntg
Directions
Route 9
Standard status
Active
APN
06-00956-0000-00009-01
Size
5,700 SF
Lot size
2.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
28537
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Well, Public
Amenities
upper-level apartment
Building Details
Floors in Building
2
Roof type
Shingle
Listing Agency:
EXP Realty
Listed By:
Samantha Schiabor · License #1973059
(866) 201-6210
Added: May 19
Changed: Nov 5
Last Checked: Nov 5 at 3:06PM
MLS# 22614826
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.
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Investment Insights
Based on property information with market context.
This 5,700-square-foot mixed-use property sits on 2.1 acres and includes an apartment on the upper level. The building has central air, a shingle roof, a basement, and an accessible approach with a ramp. Water service includes well and public sources, and the property has public sewer service.
The site fronts the Route 9 corridor in Berkeley Township and provides approximately 35 parking spaces. Highway Business zoning supports uses including funeral homes, medical offices, assisted living, restaurants, retail, and professional offices.
The site fronts the Route 9 corridor in Berkeley Township and provides approximately 35 parking spaces. Highway Business zoning supports uses including funeral homes, medical offices, assisted living, restaurants, retail, and professional offices.
Key Highlights
- 5,700 square feet on 2.1 acres
- Upper‑level apartment
- Approximately 35 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,835
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,316,700
$1.3M
Cap Rate 7%
$940,500
$940.5K
Cap Rate 9%
$731,500
$731.5K
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$119.7K $21.00/SF
− Vacancy
−$14.4K −$2.52/SF
EGI
$105.3K $18.48/SF
− OpEx
−$39.5K −$6.93/SF
NOI
$65.8K $11.55/SF
Area
Ocean County, NJ
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,316,700
Cap Rate 7%
$940,500
Cap Rate 9%
$731,500
Alternative Uses
Best Use
Mixed Use
$940.5K
$822.9K – $1.10M
NOI $65,835 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,187 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Explore this area
Business Placement
Demographics for 08721, NJ
22,050
Population
9,343
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
23.7 sq mi
ZIP Area
930
Density / Sq Mi
$104,361
Median Household Income
$54,594
Median Earnings
$1,595
Median Rent
$353,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Highway Business zoning allows a range of commercial uses, with an upper-level residence already in place.
Where is this mixed-use property located?
The property is located at 706 Atlantic City Boulevard Bayville, NJ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5,700 square feet on 2.1 acres; Upper‑level apartment; Approximately 35 parking spaces
