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110 Harbor LaneSomers Point, NJ 08244

Commercial · 12,314 Sq. ft. | 1.01 Acres
$2,300,000 Active

110 Harbor Lane Overview

Time on Site:
528 days
Visits:
53

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.

Listing provided courtesy of Keller Williams Realty Freehold- MLS# 22501671MLS Provider
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110 Harbor Lane Facts & Features

  • Type Commercial
  • Sq. ft. 12,314
  • Price/Sq.ft. $187
  • Lot 1.01 Acres

Details

General

Association/HOA

  • Association Fee Includes: Common Area

Income/Expenses

  • Gross Income: 243000.0
  • Gross Scheduled Income: 243000.0

Building Information

  • New Construction: No
  • Year Built: 1976

Business Information

  • Business Name: Medical Office
  • Business Type: Medical,Other,Professional Service

Location/Region

  • County Or Parish: Atlantic
  • MLS Area Major: Somers Point
  • MLS Area Minor: Somers Point (SMP)

Tax Information

  • Tax Annual Amount: $60,506.00
  • Tax Assessed Value: $1,692,000.00
  • Tax Year: 2024

General Information

  • Parcel Number: 21-01410-0000-00002
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 12314.0

General Information

  • Fireplaces Total: 0
  • Flooring: Other
  • Security Features: Security System,Fire Alarm,Fire Sprinkler System
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Street, Assigned, On Site
  • Parking Total: 50.0

Lot Information

  • Lot Size Acres: 1.01
  • Lot Size Area: 1.01
  • Lot Size Square Feet: 43995.6
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Other - See Remarks

Building Exterior/Construction

  • Construction Materials: Block, Concrete, Stucco
  • Roof: Flat, Asphalt

General Information

  • Sewer: Public Sewer

110 Harbor Lane Neighborhood

Community

08244 (Somers Point) Demographics

44
Median Age
1,172
Population Density (per sq. mile)
35%
College Educated
$62,241
Estimated Median Income
2,468
Estimated Total Home Owners
1,992
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

110 Harbor Lane Monthly Cost

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$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

110 Harbor Lane Market Data

Based on the last 30 days in this zip code

$526,209
Average List Price
$318
Average Price per Square Foot
4
Properties Sold
96
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

110 Harbor Lane History

Date Event Value Agent
11/25/2025Source: South Jersey Shore MLS Added to Database
November 25, 2025
11/7/2025Source: South Jersey Shore MLS Added to Database
November 07, 2025
4/25/2025Source: Monmouth Ocean Regional MLS Price Reduction
$2,300,000 -8.0%
1/18/2025Source: Monmouth Ocean Regional MLS Added to Database
January 18, 2025