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

    1812 Fernwood Road Belmar, NJ 07719

    View on Map
    Claim this Listing
    Pending
    $735,000

    MULTI_FAMILY - Belmar, NJ

    Property size:
    665 SF
    Lot size:
    0.07 Acres
    Added:
    Dec 17, 2025
    Days on Market:
    122
    Last Refresh:
    Apr 18 at 12:06 am

    Property Features for 1812 Fernwood Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
    Parking features
    Off Street
    Basement
    Crawl Space
    Standard status
    Pending
    APN
    46-00014-0000-00038
    Size
    665 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6928

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Zoned
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood
    Roof type
    Shingle

    We can help!

    Listing Contact
    Maureen Sindt

    Listing agent Maureen Sindt License #675863

    Listing office RE/MAX Homeland Realtors 83 South Street Ste 302, Freehold, NJ

    Listing date Dec 17, 2025

    MLS# 22536962 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.

    Overview

    Belmar Multifamily Opportunity Near Ocean

    This multifamily property in Belmar, NJ, presents an opportunity to own two homes on a 0.07-acre lot. The front house includes a living room, dining room, kitchen, two bedrooms, a mudroom, and an enclosed front porch. The back house features an enclosed porch, living room, kitchenette, an office or extra room, and one bedroom. Both homes have a newer roof. Driveway and street parking are available. The property is located within walking or biking distance to the ocean and close to Shark River Marina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Belmar
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.026487
    Latitude
    40.170324

    Nearby Similar for Sale

    • $1,195,000
      1,440 SF

      Renovated Two-Family Home Near Beach

      Two-unit property, one block from the beach, renovated in 2024.
      1708 A Street, Belmar, NJ 07719
      View Details
    • $1,250,000
      2,478 SF

      Belmar Multi-Family Near Beach

      Three-unit property two blocks from the beach in Belmar.
      304 14th Avenue unit: Multi Family, Belmar, NJ 07719
      View Details
    • $1,275,000
      2,590 SF

      Belmar Multifamily Investment Opportunity

      Multifamily property near Belmar beaches with parking and garage.
      517 14th Avenue, Belmar, NJ 07719
      View Details
    • $599,000
      5,120 SF

      Office Building Near Route 18

      Two-story office building with parking near Route 18 entrance.
      2807 Hurley Pond Road, Belmar, NJ 07719
      View Details
    • $999,900
      2,700 SF

      Mixed-Use Property Near Belmar Beaches

      Mixed-use property with storefront and apartments near Jersey beaches.
      1104 Main Street, Belmar, NJ 07719
      View Details
    • $1,275,000
      2,590 SF

      Belmar Duplex Near Beaches

      Move-in ready duplex near Belmar beaches with parking and garage.
      517 14th Avenue, Belmar, NJ 07719
      View Details
    • $75,000

      Donut Shop Business For Sale

      Operating donut shop in a shore town with great foot traffic.
      0 Main St, Belmar, NJ, 07719
      View Details
    • $1,375,000

      Belmar Multifamily Property Near Ocean

      Four homes on one property near the beach and boardwalk.
      107 18th Avenue, Belmar, NJ 07719
      View Details
    • $1,375,000

      Ocean View Belmar Duplex

      Two homes on one property near the beach.
      107 18th Avenue, Belmar, NJ 07719
      View Details

    FAQs

    What type of property is this?
    Duplex - Two homes for the price of one near the ocean.
    Where is this duplex located?
    The property is located at 1812 Fernwood Road Belmar, NJ.
    What is the asking price?
    The asking price for this property is $735,000.
    What are key features of this property?
    This property features: Two homes on one property offering rental income potential.; Close proximity to the ocean.; Newer roof on both homes.
    (732) 462-2222
    We can help!
    Listing Contact
    Maureen Sindt
    Real Estate License ID: 675863
    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!