717 Shore Road Somers Point, NJ 08244
COMMERCIAL - Somers Point, NJ
- Added:
- May 26, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 12 at 9:06 am
Property Features for 717 Shore Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- PMC Zone
- Exterior features
- Sign
- Standard status
- Active
- Size
- 2,688 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11240
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Natural Gas
- Cooling system
- Zoned, Central Air, Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1965
- Flooring type
- Carpet
- Roof type
- Asphalt
Listing agent Michael Petretta License #2331959 (609) 289-2346
Listing office Keller Williams Realty Jersey Shore - Ocean City 903 Bay Ave, Ocean City, NJ (609) 399-5454
Listing date May 26, 2026
Copyright © 2026 South Jersey Shore Regional MLS. 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.
Key Highlights
- 2,688+/- SF commercial building on Shore Road in Somers Point within the Professional Medical Zone
- 0.1745‑acre lot with 50 ft frontage and 152 ft depth, plus parking for 8 vehicles
- Exterior is concrete block; asphalt shingle roof; carpet flooring
Local 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 | $71.9k | $26.76 |
| − Vacancy | −$19.4k | −$7.23 |
| EGI | $52.5k | $19.53 |
| − OpEx | −$13.1k | −$4.88 |
| NOI | $39.4k | $14.65 |
Alternative Uses
Property Analytics
Current Use by Public Records
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