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Two-Story Mixed-Use Flex Building
For Sale
$499,900

904 Route 9, Palermo, NJ 08230

MULTI_FAMILY - Palermo, NJ

Property SizeContact for details
Days on Market54

Property Features for 904 Route 9

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Kitchen
Exterior features Shed
Directions Route 9 across from Pacific Ave
Subdivision Upper Twp
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6230

Utilities

Heating system Natural Gas, Forced Air, Baseboard
Cooling system Central Air
Water source Well

Building Details

Year built 1910
Number of units 2
Listing Agency: RIXON REALTY-S151
Listed By: PAUL RIXON · License #8740325
Added: Jun 19 Changed: Aug 1 Last Checked: Aug 11 at 6:06AM
MLS# 609151

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.

Two-story mixed-use building offering a flexible first-floor setup and a separate residential unit above. The first floor features approximately 1,800 SF of flex space designed as offices, with two separate entrances. The layout can be divided to accommodate multiple renters or opened up to suit a single tenant’s needs.

The second floor includes an approximately 1,400 SF, 3-bedroom apartment with a living room, large eat-in kitchen, and one full bath. A washer and dryer are included, and separate meters are provided for different utilities. The property is served by a well water source and includes a shed on site.

Heating is provided by natural gas with forced air and baseboard systems, along with central air conditioning. The building was constructed in 1910.

Located at 904 Route 9 in Palermo, NJ 08230 (Cape May County).

Key Highlights

  • Approximately 1,800 SF first‑floor flex office space with two separate entrances
  • First floor can be divided for multiple renters or opened for a single user
  • Approximately 1,400 SF second‑floor 3‑bedroom apartment with eat‑in kitchen and one full bath

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Repair Shop Pharmacy Law Firm

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

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
Balanced
Demand for This Use

Demographics for 08230, NJ

5,908
Population
2,669
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
98%
High-School Grad
19.5 sq mi
ZIP Area
303
Density / Sq Mi
$110,667
Median Household Income
$63,750
Median Earnings
$1,757
Median Rent
$406,900
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
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Frequently Asked Questions

What type of property is this?
Flex space - 2, story mixed-use property with a flex office space on the first floor and a 3-bedroom apartment upstairs.
Where is this flex space located?
The property is located at 904 Route 9 Palermo, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Approximately 1,800 SF first‑floor flex office space with two separate entrances; First floor can be divided for multiple renters or opened for a single user; Approximately 1,400 SF second‑floor 3‑bedroom apartment with eat‑in kitchen and one full bath
More about this property
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