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$450,000 Just Listed
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Property Description
Now is your chance to own a long standing staple of the community with the Sorrento Plaza! This amazing income producing strip mall has a long history of success in the community of Buena Borough. There are currently 4 long term tenants who are very happy and successful in their business. The building was originally set up to hold 8 different storefronts but the current tenants are occupying 2 units each. The tenants right now consist of 2 different churches, a game shop, and a hobby shop. It could also be great for those looking to open up their own business and have the other tenants pay your location over head. On a busy road in a central location it would be hard to lose no matter what business you want to open! It is also great for any investors looking to get into commercial real estate or add another great piece to their portfolio! There is also a possibility to subdivide and build another commercial space or expand the parking lot to support a growing business! Over all a fantastic opportunity for anyone in the commercial space! Strip Malls like this don't hit the market often so don't miss your chance and schedule your private tour today!
Full Property Details
Full Property Details for 366 Wheat Rd
General
- Price: $450,000
- Taxes: $13,632 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: NJAC2025060
- Updated: 6/11/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Shopping Center
Rooms
Bathrooms
- Restrooms: 8
Parking
- Total Spaces: 30
- Parking Features: Handicap Parking, Paved Parking
- Parking Type: Parking Lot
Location
- Area: Buena Boro (20104)
- Municipality: BUENA BORO
- County: ATLANTIC
- Building Name: SORRENTO PLAZA
- Driving Directions: Main Rd to Wheat Rd
- Traffic Count: 1000-4999
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Cement Siding, Concrete, Masonry
- Basement: Yes
- Building Size: 8400
- Year Built: 1944
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 2.67
- Lot Size (Sq. Ft.): 116,305
- Lot Size Source: Estimated
- Zoning: B2
Financial Considerations
- Price Per Sq. Ft.: $53.57
- Operating Expenses: $28,000
- Tax w/Assessment: $400,000
- Tax Amount: $13,632
- Tax Year: 2025
- Owner Pays: Repairs, Taxes - Real Estate
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Personal Property
- Lot Number: 6
Listed by Keller Williams Prime Realty, Joseph Battaglia and Keller Williams Prime Realty, Marc John Meneghetti
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Schools
Schools serving 366 Wheat Rd
School District:Buena Regional School District
| Name | Grades | Distance |
|---|---|---|
Dr. J.P. Cleary Elementary School 1501 Central Ave, Buena, NJ 08341 | 4-5 | 0.9 mi |
John C Milanesi Elementary School 880 Harding Highway, Buena, NJ 08310 | PK-3 | 3 mi |
Collings Lake Elementary School 620 Cains Mill Rd & Lake Geor, Monroe, NJ 08094 | K-3 | 6.8 mi |
Buena Middle School 175 Weymouth Road, Buena, NJ 08310 | 6-8 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 366 Wheat Rd
Date
Details
Price
Change
Source
6/11/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 366 Wheat Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,760
3%
$400,000
—
2022
$13,416
2%
$400,000
—
2021
$13,204
—
$400,000
-8%
2021
$13,204
-6%
$433,100
—
2019
$14,110
—
$433,100
—
2018
$14,089
1%
$433,100
—
2017
$13,920
5%
$433,100
—
2016
$13,218
-17%
$433,100
-21%
2015
$15,975
8%
$545,600
—
2013
$14,731
—
$545,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 366 Wheat Rd
366 Wheat Rd, Buena, NJ 08310 (MLS# NJAC2025060) is a Retail property. 366 Wheat Rd is currently listed for $450,000 and was received on June 11, 2026. Want to learn more about 366 Wheat Rd? Do you have questions about finding other Retail real estate for sale in Buena? You can browse all Buena real estate or contact a Coldwell Banker agent to request more information.

