Point Pleasant, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Point Pleasant, New Jersey, offers significant appeal for commercial real estate investors and professionals. Situated within a vibrant economy, this city is characterized by its thriving tourism and retail sectors, bolstered by its coastal location. Point Pleasant's strategic positioning amidst major metropolitan areas and its robust transportation infrastructure make it a prime spot for various commercial property types, including retail, office, and hospitality spaces.

Economic and Industry Overview

Point Pleasant's economy is predominantly driven by tourism, retail, and hospitality industries. The city's picturesque coastal setting attracts visitors year-round, fueling demand for retail and hospitality properties. Additionally, local businesses, ranging from boutique shops to dining establishments, contribute significantly to the commercial real estate landscape.

• Key Industries: Tourism, Retail, Hospitality
• Economic Development Initiatives: The New Jersey Economic Development Authority supports business growth through various programs, enhancing the city's appeal for investors.

Strategic Location and Transportation Infrastructure

Point Pleasant's strategic location offers excellent connectivity to major urban centers and transportation routes.

• Highways: Easily accessible via Garden State Parkway and Route 35, providing seamless regional connectivity.
• Rail: Served by NJ Transit rail lines, linking Point Pleasant to the broader New Jersey and New York metropolitan areas.
• Airports: Proximity to Newark Liberty International Airport and Atlantic City International Airport enhances logistics and accessibility for businesses.

For more information, visit the New Jersey Department of Transportation.

Commercial Real Estate Inventory & Zoning

Point Pleasant features diverse commercial real estate submarkets, including retail corridors and office spaces.

• Submarkets: Retail corridors along Arnold Avenue, mixed-use developments near the waterfront.
• Asset Classes: Retail, Office, Hospitality
• Zoning Information: Notable zoning incentives are in place to encourage mixed-use development. Visit the Point Pleasant Zoning Map for detailed zoning information.

Major Employers and Institutions

Point Pleasant hosts a variety of key employers and institutions that drive commercial real estate demand.

• Top Employers: Local government offices, educational institutions, and healthcare facilities.
• Institutions: Point Pleasant Borough High School, Ocean Medical Center
• Business Directories: Explore the Point Pleasant Chamber of Commerce for a comprehensive business directory.

Notable Commercial Developments & Projects

Point Pleasant is witnessing several significant commercial developments, enhancing its CRE landscape.

• Development Projects: Mixed-use developments and waterfront revitalization projects are underway, supported by public-private partnerships.
• Opportunity Zones: Explore opportunities within designated zones for tax incentives. More information is available at the New Jersey Opportunity Zones page.

Building Permits, Planning, and Development Tools

For detailed information on building permits and development tools, refer to the following resources:

• Point Pleasant Building and Safety Department
• Permitting Portal
• GIS and Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

Access public data sets and economic reports to gain insights into Point Pleasant's commercial real estate market:

• Census Data
• City's Open Data Portal
• Brevitas leverages AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards for Point Pleasant here.

Why Use Brevitas for Point Pleasant, New Jersey CRE?

Brevitas provides a comprehensive platform for discovering and transacting commercial real estate in Point Pleasant.

• AI-Driven Discovery: Advanced search tools for finding the perfect property.
• Real-Time Market Alerts: Stay informed with the latest market trends.
• Smart Property Pages: Detailed property insights and analytics.
• Dealroom Collaboration: Streamlined communication and collaboration tools.

Brevitas offers unique features such as auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Gain access to exclusive listings and premium exposure in Point Pleasant's dynamic CRE market.

For more information on how Brevitas can support your CRE needs in Point Pleasant, visit our website.