Listing Agency: Coldwell Banker Argus Real Estate

Listed By: Matt Bonomini · License #NJ 2321153

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:51AM

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Investment Insights

Based on property information with market context.

Located at 706 New Jersey Avenue in Wildwood, the storefront property is currently used as a warehouse. Its interior has been gutted and is ready for renovation, allowing the next owner to rework the space for a new commercial use. The property is offered for sale.

A restaurant next door is also available for purchase under MLS #535673.

Key Highlights

• Storefront property at 706 New Jersey Avenue, Wildwood, NJ 08260
• Currently used as a warehouse
• Gutted interior ready for renovations

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Plumbing Service Pet Grooming Service

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

1,203

Businesses Nearby

Under-served

Demand for This Use

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 Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Existing warehouse use leaves the interior ready for a renovation program.

Where is this storefront property located?

The property is located at 706 New Jersey Avenue Wildwood, NJ.

What are key features of this property?

This property features: Storefront property at 706 New Jersey Avenue, Wildwood, NJ 08260; Currently used as a warehouse; Gutted interior ready for renovations