98 NEW RD, Somers Point, NJ 08244
98 NEW RD, Somers Point, NJ 08244
98 NEW RD, Somers Point, NJ 08244
98 NEW RD, Somers Point, NJ 08244
98 NEW RD, Somers Point, NJ 08244
98 NEW RD, Somers Point, NJ 08244
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Listed by Joshua Levin • Levin Commercial Real Estate, LLC.
$ 699,999
Est. payment | /mo

0.51 Acres Lot


Save
$ 699,999
Est. payment | /mo
Save

0.51 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJAC2027542

Year Built 1952

Annual Tax Amount $12,505

Tax Year 2025

Lot Size 0.507 Acres

Acres 0.51

Property Sub-Type Industrial

Source BRIGHT

Property Description

Somers Point hosts a highly concentrated commercial hub along New Road (Route 9) and Bethel Road, featuring several Fortune 500 corporate retailers alongside top-rated national and regional storefronts. Excellent opportunity to own a commercial property along this heavily traveled corridor, with estimated traffic exceeding 36,000 vehicles per day. General Business zoning allows for a variety of commercial uses within the existing structure or future redevelopment. The property features an approximate 3,100 SF building, a large parking lot, and potential for multiple commercial units or a single-user pad site. Ownership's professionals have also drafted plans for a four-unit residential conversion. All utilities are on site, with multiple gas and electric meters already in place. Call for full marketing package and additional details

Property Highlights
• Premier Commercial Location: Positioned along Somers Point's highly established New Road (Route 9) and Bethel Road commercial corridor.
• Surrounded by prominent national retailers, Fortune 500 companies, and established regional businesses.
• Exceptional Visibility & Exposure: Strategically located along a heavily traveled intersection with estimated traffic exceeding 36,000 vehicles per day, offering outstanding visibility and accessibility.
• Versatile General Business Zoning: Broad commercial zoning provides flexibility for a variety of business uses, with potential for continued use, repositioning, or future redevelopment.
• ±3,100 SF Existing Building: Well-positioned commercial structure complemented by a substantial on-site parking lot.
• Multiple Development Opportunities: Potential for a multi-tenant commercial configuration, single-user pad site, or alternative redevelopment concept.
• Residential Conversion Potential: Ownership's professionals have prepared preliminary plans for a four-unit residential conversion, offering an additional avenue for consideration.
• Utilities in Place: All utilities are available on site, with multiple gas and electric meters already installed to support a variety of potential configurations.
•Available for Sale or Lease: An attractive opportunity for investors, owner-users, developers, or businesses seeking a strategic presence in one of Somers Point's key commercial locations.

Location

State NJ

County Atlantic

Area Somers Point City (20121)

Zoning GB

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 11.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

Roof Type Asphalt,Pitched

Accessibility 32\"+ wide Doors, Entry Slope <1'

Total Parking Spaces 11

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Somers Point

Others

Tax ID 21-00314 01-00001

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Matthew Stellabotte

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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98 NEW RD