Absecon, New Jersey Commercial Real Estate 0 Listings

Absecon, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Absecon, New Jersey, offers a dynamic and appealing environment for commercial real estate (CRE) investors and professionals. Situated in Atlantic County, Absecon is part of the Atlantic City metropolitan area, providing strategic advantages for various industries. The city boasts a diverse economy with significant contributions from tourism, hospitality, and retail sectors, making it a prime location for office, retail, and industrial properties.

Economic and Industry Overview

Absecon's economy is primarily driven by its proximity to Atlantic City, a hub for tourism and gaming industries. The city's commercial real estate market is bolstered by demand from these sectors, along with a growing presence of healthcare and logistics companies. The New Jersey Economic Development Authority (NJEDA) supports initiatives that enhance economic growth and development in the region, further promoting CRE investments.

Strategic Location and Transportation Infrastructure

Absecon is strategically located with excellent transportation infrastructure. The city benefits from its proximity to major highways like the Garden State Parkway and Atlantic City Expressway, facilitating easy access to nearby markets. The Atlantic City International Airport, located just a short drive away, provides additional logistical advantages. The presence of rail lines serviced by NJ Transit enhances connectivity, making Absecon an ideal location for distribution and logistics operations.

Commercial Real Estate Inventory & Zoning

Absecon offers a diverse range of commercial real estate submarkets, including the central business district (CBD) and industrial corridors. Key asset classes include:

Industrial: Ideal for logistics and warehousing.
Retail: Vibrant spaces catering to tourism-driven demand.
Office: Opportunities for professional and healthcare services.
Medical: Facilities supporting the growing healthcare sector.

The city has implemented zoning changes and incentives to attract developers. For more information, visit the Absecon City Zoning Maps.

Major Employers and Institutions

Absecon hosts several top employers and institutions that drive demand for commercial real estate. Key players include:

AtlantiCare Regional Medical Center: A significant healthcare provider.
Stockton University: Contributing to research and educational needs.
Resorts Casino Hotel: A major employer in the hospitality industry.

Visit the Atlantic County Economic Alliance for more information on regional economic drivers.

Notable Commercial Developments & Projects

Absecon is witnessing several large-scale developments, including mixed-use projects and innovation parks. Public-private partnerships and Opportunity Zones offer lucrative incentives for developers. Key projects include:

Absecon Crossing: A mixed-use development integrating retail and residential spaces.
Atlantic City Gateway Project: A significant initiative enhancing regional connectivity.

For planning details, access the Absecon Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Absecon provides a range of planning and development tools:

Market Data & Economic Reports

Public data sets provide valuable insights into Absecon's CRE market. Utilize resources like census.gov and the city's open data portal for economic reports. Brevitas leverages AI-powered aggregation to deliver comprehensive market insights. Explore Brevitas-powered dashboards for Absecon here.