287 8th St Ship Bottom, NJ 08008-4604
This exceptional mixed-use property, located at 287 W 8th St in Ship Bottom, NJ (08008), presents a unique investment opportunity. The 2,370 square foot building sits on a 0.14-acre lot and is zoned GC. The property boasts a beautifully designed first floor, currently configured as a fully furnished executive office space. This area includes a reception area, conference room, six workstations, and a full kitchenette with a separate entrance. High-end finishes such as crown moldings and pocket doors are featured throughout. Hardwood floors extend across the entire first floor, and the layout allows for potential subdivision via four separate exterior entrances. A second-floor, two-bedroom, one-bathroom apartment offers additional income potential or owner occupancy. This apartment features a deck and balcony, and enjoys abundant natural light. The meticulously maintained landscaping includes paver block driveways and walkways. The building is ideally situated on the westbound Long Beach Island causeway, offering high visibility and accessibility. While currently set up as two separate units, an interior stairway could easily reconnect the spaces. This property offers numerous possibilities for a savvy investor or business owner. Don't miss this chance to own a truly remarkable property in a prime location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Ship Bottom, NJShip Bottom. Always verify with local authorities before improvements.
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.