904 South Shore Road, Palermo, NJ 08230
- Added:
- Mar 13, 2026
- Days on Market:
- 100
- Last Refresh:
- Jun 20 at 8:06 am
Property Features for 904 South Shore Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Off Street
- Exterior features
- Restrooms, Sign, Storage Building
- Standard status
- Active
- Size
- 1,800 SF
Taxes and HOA fees
- Tax Year
- 2005
- Tax Annual Amount
- 6230
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Number of units
- 2
- Flooring type
- Carpet
- Roof type
- Asphalt
- Additional Structures
- Storage
Listing agent PAUL RIXON License #8740325 (609) 827-7555
Listing office RIXON REALTY-S151 71 ROUTE 50, NJ (609) 390-8821
Listing date Mar 13, 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.
HighLights
- 2‑story mixed‑use building with high visibility; first floor has 1,800 SF flex space offices with 2 separate entrances
- Flexible first‑floor layout that can be divided for multiple renters or used as one open space
- Second floor offers a 1,400 SF 3‑bedroom apartment with living room, large eat‑in kitchen, 1 full bath, and washer/dryer
- Separate meters for different utilities
- Utilities and systems: central air, forced‑air natural gas heat, and asphalt roof
- On‑site features include off‑street parking, restrooms, sign, storage building, and carpet flooring
Overview
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 | $50.3k | $27.96 |
| − Vacancy | −$11.1k | −$6.15 |
| EGI | $39.3k | $21.81 |
| − OpEx | −$9.8k | −$5.45 |
| NOI | $29.4k | $16.36 |
Alternative Uses
Current Use by Public Records
Map
- City
- Palermo
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.7111
- Latitude
- 39.2089
