Holiday City-Berkeley, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Holiday City-Berkeley, New Jersey Market population: 12K. Compare commercial properties across all major asset...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Holiday City-Berkeley NJ Properties: 2.2800%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Holiday City-Berkeley NJ
Common questions from investors exploring commercial real estate in Holiday City-Berkeley NJ.
What's the overall investment potential of Holiday City-Berkeley, NJ?
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The combination of a relatively low poverty rate of 8.3%, high health insurance coverage of 96.5%, and a strong employment population of 2,127 suggests a stable market with working-class tenants who can afford rent, making it an attractive investment opportunity. Additionally, the top industries, including Finance & Insurance and Real Estate & Rental & Leasing, indicate a diverse economy. The median commute time of 32.4 minutes and high homeownership rate of 90.5% also contribute to the area's stability.
How does the local economy impact real estate investment in Holiday City-Berkeley, NJ?
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The median household income of $31,059, combined with a low poverty rate and high employment rate, suggests a strong local economy that can support rental income and property appreciation. The diverse top industries, including Finance & Insurance and Transportation & Warehousing, also contribute to a stable economy, while the GINI coefficient of 0.408 indicates a relatively low level of income inequality. This economic stability, along with the area's ethnic diversity, including a large White population and smaller Hispanic population, makes it an attractive location for real estate investment.
What is the food scene like in Holiday City-Berkeley?
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The food scene in Holiday City-Berkeley offers a variety of options, including Fat Patty's Bar & Grill, The Grove Restaurant, and Il Giardinello Ristorante. You can also find great restaurants nearby, such as Gregory's Seafood Market & Restaurant and Gal Mediterranean Cuisine. Additionally, there are plenty of classic diners like Holiday City Diner that serve breakfast, lunch, and early dinner specials.
What are the pros and cons of living in Holiday City-Berkeley?
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The pros of living in Holiday City-Berkeley include its desirable neighborhoods, plenty of activities and attractions, and a variety of food options. However, some cons include the area being mostly residential, which may limit job opportunities and nightlife. Additionally, the population is mostly retirees, which may not be ideal for younger families or individuals looking for a more vibrant community.
Is Holiday City-Berkeley a good place to live?
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Holiday City-Berkeley can be a good place to live, especially for retirees who are looking for a quiet and peaceful community with plenty of activities and amenities. However, it may not be the best fit for everyone, particularly those who are looking for a more diverse and vibrant community with more job opportunities and nightlife. Ultimately, it depends on your individual preferences and priorities.
Holiday City-Berkeley NJ Real Estate & City Facts
Key facts and real estate information about Holiday City-Berkeley NJ.
What are some of the best neighborhoods to live in Holiday City-Berkeley?
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Some of the best neighborhoods to live in Holiday City-Berkeley include Oak Crest, which is a compact and entirely residential neighborhood located just off Route 9/Atlantic City Boulevard. Other desirable areas tend to be in the northwest parts of the city, while more affordable homes are in the west regions.
What are some fun things to do in Holiday City-Berkeley?
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There are plenty of fun things to do in Holiday City-Berkeley, such as visiting Island Beach State Park, taking a brew tour with City Brew Tours, or trying out escape rooms at ClimbZone. You can also check out the activities offered at Holiday City at Berkeley, including arts and crafts, cooking classes, and book clubs.
What is the quality of life like for tenants in Holiday City-Berkeley, NJ, and how does it impact investment?
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The average commute time of 32.4 minutes, although somewhat long, is mitigated by the fact that many residents drive alone or work from home, indicating a relatively convenient location. The high health insurance coverage rate of 96.5% also suggests that tenants are likely to be financially stable, making them more reliable renters. Furthermore, the area's low poverty rate and high homeownership rate contribute to a stable and desirable living environment, which can support long-term rental income and property value appreciation.
How does the demographic makeup of Holiday City-Berkeley, NJ impact real estate investment?
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The area's demographic makeup, including a high median age of 73.1 and a predominantly White population, suggests a relatively stable and quiet community. The low foreign-born rate of 2.3% and high homeownership rate of 90.5% also indicate a strong sense of community and low turnover rates, which can make it easier to find and retain long-term tenants. Additionally, the top ancestries, including Italian and Irish, contribute to a unique cultural character that can attract specific types of tenants and support local businesses.
What are the key factors to consider when evaluating the rental market in Holiday City-Berkeley, NJ?
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The median gross rent of $1,044 and rent burden of 31.4% suggest that tenants may have limited budget flexibility, so investors should carefully consider pricing and amenities. The high health insurance coverage rate of 96.5% and low poverty rate of 8.3% are positive indicators of tenant financial stability, while the top industries and commute methods provide insight into the local job market and transportation options. By considering these factors, investors can make informed decisions about the rental market and potential investment opportunities in Holiday City-Berkeley, NJ.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Holiday City-Berkeley NJ Commercial Property: $31,059
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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