107 Fulling Mill Rd Villas, NJ 08251
This exceptional investment opportunity encompasses nearly an acre of land in Villas, NJ, featuring three separate lots zoned for General Business use. Two vacant lots offer significant development potential, while the third lot boasts two existing buildings. The main structure is a unique blend of retail and residential space. For 43 years, it successfully operated as Budd’s Bait & Tackle and Crab & Seafood. The residential area includes three bedrooms, two and a half bathrooms, natural gas hot water baseboard heating, an HVAC system for air conditioning and supplemental heating, two fireplaces, and a Generac natural gas generator. A charming two-bedroom, one-bathroom cottage, with a history of strong rental income, is also situated on the property. This cottage features natural gas forced hot air heating and a ventless AC unit. The property further enhances its appeal with an in-ground heated swimming pool, complete with a stamped concrete surround and a lovely paver patio. Three separate electric meters and two separate gas meters provide utility convenience. The sale includes all furnishings (excluding personal items), appliances, and the option to purchase existing retail inventory. This turnkey property is ideal for immediate use or customization to suit a variety of business, residential, or mixed-use ventures. Its versatility and prime location make this a truly rare find in the Villas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.