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    1408 Beaver Dam Rd Point Pleasant, NJ 08742

    Sponsored
    For Sale
    $529,900

    COMMERCIAL - Point Pleasant, NJ

    Property size:
    1,152 SF
    Lot size:
    0.22 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 20 at 5:06 pm

    Property Features for 1408 Beaver Dam Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    25-00299-01-00047
    Parking
    2
    Parking features
    Off Street
    Exterior features
    Lighting
    Fencing
    Fenced
    Basement
    Crawl Space
    Size
    1,152 SF
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1967
    Floors in Building
    1
    Flooring type
    Wood
    Roof type
    Shingle

    We can help!

    Listing Contact
    Jason Price

    RE/MAX at Barnegat Bay (609) 693-5002

    Listing agent Jason Price (609) 693-5002

    Listing date Feb 20, 2026

    MLS# 22604412

    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.

    Learn more

    Property Insight Report

    Overview

    Point Pleasant Mixed-Use Property

    This property features a 3-bedroom ranch with a 1-car garage, situated on a 0.22-acre lot that is fenced. Located in the TC (Town Center) zoned area, the property allows for mixed-use, accommodating small businesses such as an attorney's office or an accountant's office. The 1,152 square foot home has refinished hardwood floors, new kitchen appliances, a new water heater, and a vinyl fence. It also features a 150 amp electric panel and a newer roof. The property utilizes natural gas utilities with a high-efficiency furnace for forced hot air and central A/C. The interior is freshly painted and includes ceiling fans in all rooms. Expansion possibilities exist for the home. An oversized driveway is present. The property is located within walking distance to shops and parks and is minutes from the bay and ocean beaches. The property is located in Point Pleasant, NJ.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Point Pleasant
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.071846
    Latitude
    40.070651

    Nearby Similar for Sale

    • $499,000
      1,346 SF

      Auto Repair Shop Business

      Active auto repair shop business for sale in Point Pleasant.
      1301 Beaver Dam Rd, Point Pleasant, NJ 08742
      View Details
    • $130,000

      Established Restaurant Business For Sale

      Turnkey restaurant with loyal customer base in Point Pleasant, NJ.
      Point Pleasant, NJ 08742
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Ranch on large lot, zoned for mixed-use, near beaches.
    Where is this mixed-use property located?
    The property is located at 1408 Beaver Dam Rd Point Pleasant, NJ.
    What is the asking price?
    The asking price for this property is $529,900.
    What are key features of this property?
    This property features: - TC zoning allows for mixed use, including small businesses; - Large 100x120 fenced-in lot offers privacy and space; - Refinished hardwood floors and brand new kitchen appliances enhance the interior
    (609) 290-7327
    Request Owner's contact information
    1408 Beaver Dam Rd Point Pleasant, NJ 08742
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    Point Pleasant, NJ 08742
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    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
    1408 Beaver Dam Rd Point Pleasant, NJ 08742
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    We can help!
    Listing Contact
    Jason Price
    Real Estate License ID: 998044148
    (609) 290-7327 (609) 693-5002
    Learn more
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