FANTASTIC INVESTMENT OPPORTUNITY - 3 Commercial properties for sale FULLY LEASED out to working businesses, including a large parking lot. GREAT RENTAL INCOME with over $300,000 of rental income per year and to increase. This sale is for the land and buildings - businesses not included. Over 2.5 acres of land acres located in the federally approved OPPORTUNITY ZONE in a highly desirable area with high visibility, traffic volume, and easy access from local, county, and state roads. 10 rental units all leased, plenty of exterior parking, and approx. 900 contiguous feet of road frontage. Commercial spaces are currently used for retail, office/professional, and warehouse space and are a total of over 35,000 sq ft. Lease information available to interested qualified buyers. Properties being sold are 23 Mays Landing Road, 25 Mays Landing Road, & 27 Mays Landing Road. All rental properties with possibility of development. Total land area over 2.5 acres for all contiguous properties. Located in the Opportunity Zone - https://nj.gov/governor/njopportunityzones/
Property Details
Property Features
Listing Office:
Office Name: MONIHAN REALTY
Office Phone: (609) 399-0998
Lot Features
Lot Information:
Lot Size: 2.50 Acres
Other
Directions Information:
Directions: Northwest corner of Rt.9 and Mays Landing Road in Somers Point
Price Information
Listing Price Info
Price Summary:
List Price: $2,695,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
2
/10
Dawes Avenue Elementary School
22 W Dawes Ave
Distance between this listing and this school1.22 miles
Public District Grades KG-3
6
/10
Seaview Elementary School
2013 Wabash Ave
Distance between this listing and this school2.01 miles
Public District Grades PK-4
5
/10
Ocean City Primary School
550 West Ave
Distance between this listing and this school2.31 miles
Public District Grades PK-3
Nearby Schools
4
/10
Jordan Road Middle School
129 Jordan Rd
Distance between this listing and this school0.82 miles
Public District Grades 4-8
7
/10
Belhaven Middle School
51 Belhaven Ave
Distance between this listing and this school2.60 miles
Public District Grades 5-8
6
/10
Ocean City Intermediate School
1901 Bay Avenue
Distance between this listing and this school2.69 miles
Public District Grades 4-8
Nearby Schools
2
/10
Chartertech High School for the Performing Arts
413 New Rd
Distance between this listing and this school1.28 miles
Public Charter Grades 9-12
5
/10
Ocean City High School
501 Atlantic Ave
Distance between this listing and this school2.67 miles
Public District Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school2.85 miles
The neighbors living near this home have an average income of $70,888. Most Somers Point, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 23-27 Mays Landing Rd
What is the listing price of this property?
The listing price of 23-27 Mays Landing Rd property is $2,695,000.
What type of property is this?
The property 23-27 Mays Landing Rd is land located in Somers Point, New Jersey, 08244.
Is this property for sale now?
Active Listing: 23-27 Mays Landing Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 23-27 Mays Landing Rd is 2.50 acres.
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This home is located at 23-27 Mays Landing Rd in Somers Point, NJ and zip code 08244. This home sits on a 2.50 acre lot. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $2,695,000.
While more than 2 listings in Somers Point, NJ in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. The number of listings in Somers Point, NJ increased by 4.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $417,000, while the average time on the real estate market was 63 days.
From Rocket Homes Real Estate and based on county public records data.