Property
Somers Point, NJ 08244 110 Harbor Lane
$2,300,000
8 more
Presented By: Iftikhar Haq, NextHome Realty Advisors
SQFT • 12,314
Home Details
A net lease investment opportunity featuring a three-tenant medical office property totaling 12,000 SF. Strategically located to serve both Atlantic and Cape May Counties, the property offers ample on-site parking with 50 spaces. This well-maintained asset is ideal for 1031 exchange buyers, delivering stable income with a 7% CAP rate.
Presented By: Iftikhar Haq, NextHome Realty Advisors
Interior Features for 110 Harbor Lane
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringOther
Heating Y/NYes
Heating-Forced AirTrue
Total Fireplaces
General for 110 Harbor Lane
Accessibility Features Y/NNone
Additional Parcels Y/NNo
Association Fee IncludesCommon Area
Business NameMedical Office
Business TypeMedical, Other, Professional Service
Carport Y/NNo
CashTrue
CitySomers Point
Construction MaterialsBlock, Concrete, Stucco
CoolingCentral Air
CountyAtlantic
Directions110 Harbor Lane
Garage Spaces0.0
Garage Y/NNo
Gross Income243000.0
HeatingForced Air
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet43995.6
MLS AreaSomers Point
MLS Area MinorSomers Point (SMP)
MobileHomeRemainsYNNo
ModificationTimestamp2025-05-02T16:36:53Z
New ConstructionNo
OwnerPaysSewer
Property SubtypeCommercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofFlat, Asphalt
Security FeaturesSecurity System, Fire Alarm, Fire Sprinkler System
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount60506.0
Tax Assessed Value1692000
Tax Year2024
Utilities@Core.PermissionsNone
Water Body Access Y/NNone
Waterfront FeaturesOther - See Remarks
Year Built1976
Zoning DescriptionCommercial
Exterior for 110 Harbor Lane
Building Area Total12314.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.01
Lot Size Area1.01
Parking FeaturesOn Street, Assigned, On Site
SpaNo
Total Parking50.0
Water SourcePublic
Additional Details
Price History
Brian Lee
Associate