About This Home

This 0-bedroom, 0-bathroom commercial at 228 Philadelphia in Egg Harbor City, NJ is listed for $575,000. Built in 1900, on a 0.14 acres lot.

Key Features

  • Built in 1900
  • 0.14 acre lot

Property Details

1900

Amenities

A/C
Listing Description

Mixed-Use Investment Opportunity in Egg Harbor City with a 9.3% cap rate Welcome to 228 Philadelphia Avenue, a partially occupied, income-producing mixed-use property located in the heart of Egg Harbor City's business district close to shopping and restaurants.

This well-maintained building features three total units, including one commercial space and two residential units, offering positive cash flow with additional upside. The commercial unit is occupied by an accountant's office, providing stable, professional tenancy and excellent street visibility.

The 1-bedroom residential unit is currently occupied, while the spacious 4-bedroom unit is vacant with tenant applications submitted and pending approval, allowing for immediate income potential or flexibility for an owner-occupant. A detached garage adds additional value and convenience.

The property is conveniently located close to restaurants, shopping, and public transportation, enhancing long-term tenant appeal and walk ability. This property also presents an excellent opportunity for an owner-occupant seeking strong cash flow. Please note that financing is limited to commercial financing or cash purchases only.

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

228 Philadelphia

Egg Harbor City, NJ 08215

Property Details

Heating

Electric (Heating)Natural Gas

Cooling

Central AirWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 228 Philadelphia is listed at $575,000. The estimated monthly payment is $3,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.14 acre lot.

This property is listed by GLADYS DELUCA.

GD

GLADYS DELUCA

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (866) 201-6210

MLS# 611199· Source: South Jersey Shore Regional MLS· 291 days on PropertySimple

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

228 Philadelphia, Egg Harbor City, NJ 08215

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