Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Manasquan Shores Title is generated by Realmo AI

    1135 Tecumseh Place, Manasquan, NJ 08736

    View on Map
    Claim this Listing
    For Sale
    $700,000

    LAND - Manasquan, NJ

    Property size:
    1,228 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $570/SF
    Added:
    May 18, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 1 at 6:06 pm

    Property Features for 1135 Tecumseh Place

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    52-00339-0000-00038-02
    Size
    1,228 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4655

    Utilities

    Water front features
    Stream

    We can help!

    Listing Contact
    Steven Porzio

    Listing agent Steven Porzio License #0789694

    Listing office Coldwell Banker Realty 1122 Third Ave., Spring Lake, NJ

    Listing date May 18, 2026

    MLS# 22614591 Listing URL

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

    HighLights

    • Desirable Manasquan Shores neighborhood location.
    • Stream flowing behind the property.
    • Opportunity to build a custom dream home.
    • Preliminary plans for a residence are available.
    • Conveniently located near Manasquan's downtown area.
    • Proximity to the local bike path.

    Overview

    Located on a peaceful street in the Manasquan Shores neighborhood, this property offers a serene setting with a stream flowing behind it. Preliminary plans are available for a thoughtfully designed residence. The property is conveniently located a short distance from Manasquan's vibrant downtown area and near the local bike path. The lot size is 0.23 acres, which is equivalent to 1228 square feet. This property presents an opportunity to build a home in a centrally located community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manasquan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.063638
    Latitude
    40.12082

    Nearby Similar for Sale

    • $1,350,000
      8,441 SF

      Manasquan Multi-Tenant Flex Building

      8,000+ SF multi-tenant industrial flex building for sale.
      9 Mount Lane, Manasquan, NJ 08736
      View Details
    • $1,299,000
      3,986 SF

      Manasquan Commercial Property for Sale

      Commercial property in Manasquan, NJ, offering retail or storefront opportunities.
      26 Broad Street, Manasquan, NJ 08736
      View Details
    • $3,000,000
      5,390 SF

      Manasquan Commercial Corner Lot

      Two buildings with large parking lot in Manasquan, NJ.
      53 Atlantic Avenue, Manasquan, NJ 08736
      View Details
    • $1,549,000
      2,000 SF

      Manasquan Multifamily Near Beach

      Two legal rentals near downtown and the beach.
      28 Wyckoff Avenue, Manasquan, NJ 08736
      View Details
    • $1,375,000
      2,150 SF

      Manasquan Commercial Land Opportunity

      Two parcels in thriving downtown location with endless potential.
      13 Pearce Avenue, Manasquan, NJ 08736
      View Details
    • $1,375,000
      1,731 SF

      Downtown Manasquan Land Opportunity

      Land parcel in thriving downtown location with endless potential.
      11 Pearce Avenue, Manasquan, NJ 08736
      View Details
    • $2,149,000
      2,088 SF

      Waterfront Property with Boat Slips

      Waterfront property with house, boat slips, and direct ocean access.
      405 Perrine Boulevard, Manasquan, NJ 08736
      View Details
    • $2,000,000
      6,167 SF

      Prime Redevelopment Opportunity Near Beaches

      Operating motel with high-density residential zoning near coastal attractions.
      2337 Route 34, Manasquan, NJ 08736
      View Details
    • $2,595,000
      2,150 SF

      Rare Manasquan Land Opportunity

      Two parcels in downtown Manasquan with endless potential.
      Manasquan, NJ 08736
      View Details
    • $3,000,000
      5,390 SF

      Corner Lot with Parking

      Two buildings with large parking lot in Manasquan, NJ.
      53 Atlantic Avenue, Manasquan, NJ 08736
      View Details
    • $9,849,000
      1,363 SF

      New Manasquan Apartment Building

      New 23-unit apartment building in desirable Manasquan location.
      33 Union Avenue, Manasquan, NJ 08736
      View Details
    • $1,375,000
      1,731 SF

      Downtown Manasquan Parcel For Sale

      Commercial land parcel in thriving downtown location with endless potential.
      11 Pearce Avenue, Manasquan, NJ 08736
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land in desirable Manasquan Shores neighborhood.
    Where is this residential land & home lot located?
    The property is located at 1135 Tecumseh Place Manasquan, NJ.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Desirable Manasquan Shores neighborhood location.; Stream flowing behind the property.; Opportunity to build a custom dream home.
    (732) 449-2777
    We can help!
    Listing Contact
    Steven Porzio
    Real Estate License ID: 0789694
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1135 Tecumseh Place, Manasquan, NJ 08736
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!