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Mixed-Use Building with Market & Rentals

NORTH WILDWOOD, NJ 08260 North Wildwood, NJ 08260

North Wildwood, NJ, 08260
$1,600,000
For Sale
Claim this Listing
$1,600,000

MULTI_FAMILY - NORTH WILDWOOD, NJ

Property Size4,000 SF
Price / SF$400
AddedJan 27
Days on Market168
Last RefreshJul 14 at 6:06 pm

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Standard status
Active
Size
4,000 SF

Building Details

Year built
1930

Listing agent Andrew Baus License #1433687

Listing office BHHS Fox & Roach Washington-Gloucester Home Marketing Center NJ

Listing date Jan 27, 2026

MLS# NJCM2006694

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.

This mixed-use building pairs an operating family market and deli with six residential rental units. The commercial space is conveyed fully furnished with all equipment, supporting a turnkey transition for an owner-operator or investor. The six residential units are located above and behind the storefront, creating a straightforward vertical layout for day-to-day operations.

Located in North Wildwood, NJ, the property offers both commercial and residential income in one assembled asset. The current configuration provides an opportunity to continue the existing market/deli use or adapt the commercial space to a new tenant or concept.

With six residential units in place alongside an income-producing retail component, the property is designed for buyers seeking a mixed-use setup under one roof.

Key Highlights

  • Mixed‑use building built in 1930 with a current family market/deli on the ground level
  • Includes six residential rental units located above and behind the storefront
  • Store is conveyed fully furnished with all equipment

Local Financial Insights For Specialty Retail

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 $86.4k $21.60
− Vacancy −$5.2k −$1.30
EGI $81.2k $20.30
− OpEx −$20.3k −$5.08
NOI $60.9k $15.23
4,000 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$870.2K
$761.4K – $1.02M (±1% cap)
NOI $60,912 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$777.5K
$680.3K – $907.1K (±1% cap)
NOI $54,424 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,709 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Grocery and convenience stores

FAQs

What type of property is this?
Mixed-use property - Turnkey mixed-use building combines a market/deli with six residential rental units in North Wildwood, NJ.
Where is this mixed-use property located?
The property is located at North Wildwood, NJ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Mixed‑use building built in 1930 with a current family market/deli on the ground level; Includes six residential rental units located above and behind the storefront; Store is conveyed fully furnished with all equipment
Contact an agent
More about this property
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