Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    157 COXS AVENUE West Creek, NJ 08092

    View on Map
    For Sale
    $500,000

    LAND - WEST CREEK, NJ

    Lot size:
    2.20 Acres
    Added:
    Nov 28, 2025
    Days on Market:
    125
    Last Refresh:
    Apr 2 at 7:06 am

    Property Features for 157 COXS AVENUE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.20 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    1126

    We can help!

    Listing Contact
    Michele Lynne Walsh

    Listing agent Michele Lynne Walsh License #2320963

    Listing office ARC Real Estate 7 Willow Tree Drive, Millstone, NJ

    Listing date Nov 28, 2025

    MLS# NJOC2037674

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

    Overview

    West Creek Buildable Land Opportunity

    Discover 2.2 acres of buildable land in West Creek, located in Ocean County, NJ. This offering includes two adjoining parcels, one of 1.59 acres and another of 0.61 acres, being sold together. The expansive property provides a canvas to build a dream home or create a private retreat. The location offers the tranquility of small-town living while remaining close to major routes, the Jersey Shore, and coastal New Jersey.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    West Creek
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2864
    Latitude
    39.6605

    Nearby Similar for Sale

    • $525,000
      2,802 SF

      Versatile Mixed-Use Property on Route 9

      Mixed-use property with C2 zoning and development potential.
      471 Main Street, West Creek, NJ 08092
      View Details
    • $750,000
      1,662 SF

      Historic Land with Development Potential

      7.42 acres of land with residential and commercial zoning.
      478 S Main Street, West Creek, NJ 08092
      View Details
    • $750,000
      1,662 SF

      Historic Property on Expansive Acres

      Unique estate with residential/commercial zoning on 7.42 acres.
      478 S Main Street, West Creek, NJ 08092
      View Details
    • $525,000
      2,802 SF

      Route 9 Mixed-Use Property

      Versatile mixed-use property on Route 9 with C2 zoning.
      471 Main Street, West Creek, NJ 08092
      View Details
    • $40,000

      Waterfront Land in West Creek

      Waterfront lot with breathtaking views and boat ramp access.
      520 Cedar Run Dock Road, West Creek, NJ 08092
      View Details
    • $242,000

      West Creek Land For Sale

      Three lots available in West Creek, New Jersey.
      1076 S Main Street, West Creek, NJ 08092
      View Details
    • $149,900

      West Creek 1-Acre Building Lot

      Build your dream home minutes from Long Beach Island.
      191 Coxs Avenue unit: A, West Creek, NJ 08092
      View Details
    • $599,900

      Secluded Land in Eagleswood Township

      20+/- acre property ideal for building a dream estate.
      Dinner Point Avenue, Eagleswood, NJ 08092
      View Details
    • $1,450,000

      Marine Business Opportunity on Highway 9

      Turn-key marine sales and service business with highway frontage.
      177 Main Street, West Creek, NJ 08092
      View Details
    • $242,000

      Land in West Creek, NJ

      Three lots available for sale in West Creek, New Jersey.
      1076 S MAIN Street, WEST CREEK, NJ 08092
      View Details
    • $750,000
      1,662 SF

      Historic Property on Expansive Acres

      Historic property on 7.42 acres with residential/commercial zoning.
      478 S Main Street, West Creek, NJ 08092
      View Details
    • $1,450,000

      West Creek Outboard Sales Opportunity

      Turnkey marine sales and service business with real estate for sale.
      177 ROUTE 9 (MAIN STREET), WEST CREEK, NJ 08092
      View Details

    FAQs

    What type of property is this?
    Land - 2.2 acres of serene land in West Creek, New Jersey.
    Where is this land located?
    The property is located at 157 COXS AVENUE West Creek, NJ.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 2.2 acres of buildable land in West Creek, Ocean County, NJ.; Two adjoining parcels (1.59 acres and 0.61 acres) included in the sale.; Peaceful, natural setting ideal for building a dream home or private retreat.
    (609) 576-6572
    We can help!
    Listing Contact
    Michele Lynne Walsh
    Real Estate License ID: 2320963
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!