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Property profile & analytics
OFF-MARKET
Commercial real estate

318 Island Ln Egg Harbor Township, NJ 08234

0.93 ac lot
Individually Owned 1-yr Hold
Property ID
US59-0595718
Property summary
AI-generated overview

This exceptional 0.93-acre commercial land parcel presents a unique opportunity for development in the desirable Egg Harbor Township, New Jersey. Located at 318 Island Lane, 08234, this property boasts a prime location within a luxurious residential neighborhood known as Harbor Acres. The expansive lot offers ample space for a variety of commercial ventures, providing significant potential for future growth and profitability. Its wooded setting offers a tranquil and private atmosphere, while still maintaining convenient access to major roadways and amenities. The address is situated in Atlantic County, New Jersey, with GPS coordinates of 39.36828 latitude and -74.64472 longitude. This is an exceptional opportunity to acquire a substantial piece of land in a highly sought-after area, perfect for discerning investors or developers seeking a prime location for their next project. The asking price for this remarkable property is $199,900. Don't miss this chance to secure this valuable asset in a thriving New Jersey community. The property is zoned for commercial use (verification of zoning with local authorities is recommended).

Property profile
Verified
Property type Commercial real estate
Lot 0.93 ac (40,511 SF)
UPID US59-0595718
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Arlene Santhouse · 1 yrs held
Arlene Santhouse
since 2024
5 recorded transactions
2025
Price N/A
2024
$199,000
2023
Price N/A
2017
Price N/A
2017
$30,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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