23-27 Mays Landing Road

Somers Point, NJ 08244

$2,695,000
Price
108,900 / 2.5
Lot Size / Acres

Description

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...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 for 23-27 Mays Landing Road

City/Community
Somers Point
Class
LOTS/LAND
Waterfront (Y/N)
No
Zoned
HC-1
LISTING UPDATED: 07/17/2024 01:43 PM

Property Details for 23-27 Mays Landing Road

StatusActive
MLS #587176
Days on Market104
Taxes$61,592 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLOTS/LAND / 1+ to 5 Acres
Year Built-
Lot Size2.50 AC
CountyAtlantic County

Building Information for 23-27 Mays Landing Road

Lot Size2.50 AC

Property Information for 23-27 Mays Landing Road

Summary
Location and General Information
  • Address: 23-27 Mays Landing Road
  • Address Number: 23-27
  • Address Search Number: 23
  • Address Street: Mays Landing Road
  • Area: Somers Point City
  • County: Atlantic
  • Development Status: Buildable Lot, Subdivided
  • Directions: Northwest corner of Rt.9 and Mays Landing Road in Somers Point
  • Fips Code: 34001
  • Road Type: Black Top/Macadam
  • State: NJ
  • Zip: 08244
Taxes and HOA Information
  • LVT Date: 07-17-2024
  • Tax Year: 2023
  • Taxes: 61592
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 1943
  • Improvements: Curb, Sidewalks
  • Lot #: 3-5
  • Lot Dimensions: 2.7 acres
  • Number Of Acres: 2.5
  • Number Of Lots: Four
  • Road Front Footage: 900
  • Road Frontage: County, State
  • Zoning: Business/Shop/Office, Commercial
Property and Assessments
  • Associated Document Count: 0
  • Total Assessment: 1775000
  • Adult Community/55+: No
Utilities
  • Utilities Available: Cable, Electric, Gas, Sewer, Water
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

Property History for 23-27 Mays Landing Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 23-27 Mays Landing Road

This home is within Mainland Regional High School District.
Rating
School
Type
Grades
Distance
Public - 4 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Jordan Rd Elementary School
Public4 to 8

Mainland Reg High School
Public9 to 12

Dawes Ave Elementary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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23-27 Mays Landing Road is a 2.5 ac of land for sale in Somers Point, NJ 08244. This property was listed for sale on July 17, 2024 by MONIHAN REALTY, it's currently listed at $2,695,000. This listing's school districts are Mainland Regional High School District, Somers Point School District. Nearby schools include Jordan Rd Elementary School, Mainland Reg High School and Dawes Ave Elementary School. 23-27 Mays Landing Road is a 0-bed, 0-bath, 2.5 ac of land on a 108,900 sq. ft. / 2.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MONIHAN REALTY

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.