Ocean Acres, NJ High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ocean Acres, New Jersey Market population: 16K. Browse multifamily, office, retail, industrial, and mixed-use...
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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 Ocean Acres NJ Properties: 1.4200%
⭐ 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 Ocean Acres NJ
Common questions from investors exploring commercial real estate in Ocean Acres NJ.
What's the overall investment potential of Ocean Acres, NJ?
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With a median household income of $79,175 and a low poverty rate of 3.8%, Ocean Acres presents a stable investment market, further reinforced by its high health insurance coverage rate of 94.7% and relatively low income inequality, as indicated by a GINI coefficient of 0.343.
How does the local economy impact real estate demand?
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The top industries in Ocean Acres, including Manufacturing, Professional, Scientific, & Management, and Information services, contribute to a strong employment market, with 7,636 employed individuals, which, combined with the area's ethnic diversity, such as 47.8% White and 3.2% Hispanic populations, suggests a robust demand for housing.
What are the key factors influencing rental yields in Ocean Acres?
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The average commute time of 30.8 minutes, with a preference for driving alone or working from home, indicates a convenient location that could attract renters, especially when considering the high homeownership rate of 93.2% and the median property value of $268,900, which may influence rental prices and yields.
How does the quality of life in Ocean Acres affect its attractiveness to investors?
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The high health insurance coverage rate of 94.7%, low poverty rate of 3.8%, and relatively short average commute time of 30.8 minutes contribute to a high quality of life, making Ocean Acres an attractive location for both residents and investors, who can expect a stable and potentially growing market.
What role does demographic diversity play in the investment potential of Ocean Acres?
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The demographic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic populations, alongside a foreign-born rate of 6.5%, suggests a culturally rich and potentially vibrant community, which, when combined with the area's strong economic indicators, such as a median household income of $79,175, presents a compelling case for real estate investment in Ocean Acres, NJ.
Ocean Acres NJ Real Estate & City Facts
Key facts and real estate information about Ocean Acres NJ.
What are some of the best neighborhoods to live in Ocean Acres?
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Some of the best neighborhoods to live in Ocean Acres include areas near the Ocean Acres Country Club and the surrounding Barnegat Township. These neighborhoods offer a mix of residential homes and golf course views, providing a serene and peaceful living environment. However, it's essential to research and visit each area to determine which one best fits your needs and preferences.
What are some fun things to do in Ocean Acres?
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There are plenty of fun things to do in Ocean Acres, including visiting the Ocean Acres Country Club, playing golf, and enjoying the surrounding natural beauty. You can also explore the nearby town of Barnegat and visit its shops, restaurants, and beaches. Additionally, the area offers various outdoor activities such as hiking, biking, and water sports.
What is the food scene like in Ocean Acres?
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The food scene in Ocean Acres is diverse and offers a range of options, from fine dining to casual eateries. Some popular restaurants in the area include The Bunker Restaurant at the Ocean Acres Country Club, Clemmy's, The Salty Chick, and Manera's Restaurant. There are also plenty of great food trucks and farm-to-table options, such as Ott's Good Earth Garden, which serves fresh seafood, steaks, and vegetarian dishes.
What are the pros and cons of living in Ocean Acres?
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The pros of living in Ocean Acres include its peaceful and natural surroundings, access to outdoor activities, and a strong sense of community. However, some cons include the limited number of shops and restaurants in the immediate area, and the need to travel to nearby towns for more amenities. Additionally, the area can be prone to traffic during peak season, and some residents may find the summer crowds overwhelming.
Is Ocean Acres a good place to live?
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Ocean Acres can be a great place to live for those who value a peaceful and natural environment, outdoor activities, and a strong sense of community. While it may not offer the same level of amenities as larger towns or cities, its unique charm and character make it an attractive option for those looking for a more relaxed pace of life. Ultimately, whether Ocean Acres is a good place to live depends on your individual preferences and priorities.
⭐ 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 Ocean Acres NJ Commercial Property: $79,175
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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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