Bayville, New Jersey Commercial Real Estate 0 Listings

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

Introduction

Bayville, New Jersey, offers a compelling landscape for commercial real estate investment, blending a strategic location with robust economic opportunities. As an unincorporated community within Berkeley Township, Bayville is part of Ocean County and is known for its proximity to the Jersey Shore and larger metropolitan areas, making it a unique spot for diverse CRE interests. The area's economic activities are supported by a mix of local businesses, light manufacturing, and tourism, fostering a dynamic environment for office, industrial, and retail spaces.

Economic and Industry Overview

Bayville's commercial real estate market is shaped by several key industries, including:

Tourism and Hospitality: Proximity to the Jersey Shore boosts demand for retail and hospitality spaces.
Light Manufacturing: Supports industrial property demand due to the availability of suitable spaces.
Local Services and Retail: Drives the need for office and retail properties, catering to community needs.

The New Jersey Economic Development Authority (NJEDA) offers initiatives that support business growth, further fueling the demand for commercial properties in the area.

Strategic Location and Transportation Infrastructure

Bayville benefits from its strategic location with access to major transportation routes:

Highways: Near the Garden State Parkway, offering north-south connectivity.
Airports: Accessible to Newark Liberty International Airport and Philadelphia International Airport.
Rail: Close to NJ Transit lines, facilitating commuter and freight movement.

These logistical advantages position Bayville as a desirable hub for distribution and access to regional labor pools. For more details, visit the New Jersey Department of Transportation.

Commercial Real Estate Inventory & Zoning

Bayville's CRE landscape includes:

Submarkets: Features commercial corridors along Route 9 and Bay Avenue.
Asset Classes: Industrial, retail, and office spaces dominate, with potential for medical facilities given the community's demographics.
Zoning: Flexible zoning encourages mixed-use developments and offers incentives for sustainable projects.

Access the Berkeley Township Zoning Map for detailed insights into zoning and land use.

Major Employers and Institutions

Bayville's economy is supported by key employers and institutions:

Central Regional School District: A significant employer in the area.
Local Government Offices: Contribute to the demand for office space.
Major Retail Chains: Drive retail property demand.

For a comprehensive list of businesses, visit the Ocean County Business Directory.

Notable Commercial Developments & Projects

Significant developments in Bayville include:

Mixed-Use Projects: Ongoing projects aim to combine retail, office, and residential spaces.
Opportunity Zones: Federal initiatives provide tax incentives for investments in designated areas.

Explore the Berkeley Township Planning Department for more information on current projects.

Building Permits, Planning, and Development Tools

For development resources, access:

Market Data & Economic Reports

Bayville's market data is enriched by public resources:

Brevitas leverages AI-powered aggregation to provide insights into Bayville's CRE market. Explore Brevitas' Bayville Listings for the latest data and trends.