Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1975 Breakers Dr Barnegat, NJ 08005

    Sponsored
    For Sale
    $85,000

    LAND - BARNEGAT, NJ

    Lot size:
    0.33 Acres
    Days on Market:
    10
    Last Refresh:
    Feb 18 at 12:06 am

    Property Features for 1975 Breakers Dr

    General Information

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

    We can help!

    Listing Contact
    Ashley M Veith

    Re/Max of Long Beach Island (609) 494-7000

    Listing agent Ashley M. Veith (609) 312-6882 License #1645480

    Listing date Feb 9, 2026

    MLS# NJOC2039724 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in Ocean Acres

    This vacant lot is located in the desirable Ocean Acres neighborhood. The 72 x 193 ft lot offers the opportunity to build a custom home. Gas, electric, public water, and public sewer are all available at the street for convenient hookup. Situated on a paved residential street, the treed lot is positioned between two established homes. The neighborhood features sidewalks and underground electric. The surrounding homes are newer 2-story colonials with 2-car garages and range from 2000 to over 3000 sq ft. The lot size is 0.33 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Building Supply Dental Office Hair Salon Gym & Fitness Center Department Store Accounting Firm HVAC Service Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Barnegat
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.28855109
    Latitude
    39.7527893

    Nearby Similar for Sale

    • $599,900
      Pending

      Barnegat Office Building For Sale

      Office building with 1650 SF space on 1.23 acres.
      492 N Main St, Barnegat, NJ 08005
      View Details
    • $435,000
      1,600 SF

      Barnegat Mixed-Use Property on 1.3 Acres

      Expanded ranch on 1.3 acres with commercial zoning.
      135 S Main St, Barnegat, NJ 08005
      View Details
    • New
      $725,000
      2,816 SF

      Established Restaurant with Ice Cream Parlor

      Turnkey 70-seat restaurant with ice cream parlor in high-traffic area.
      688 E Bay Ave, Barnegat, NJ 08005
      View Details
    • Contact for pricing
      105,149 SF

      Self-Storage and Office Business Center

      105,149 SF self-storage and office business center for sale.
      85 S Main St, Barnegat, NJ 08005
      View Details
    • $49,900

      Barnegat 55+ Community Mobile Home

      Two-bedroom, two-bathroom mobile home in active adult community.
      47 Nancy Ln, Barnegat, NJ 08005
      View Details
    • $610,000

      Luxury Home in Active Community

      Spacious home in a sought-after active adult community.
      10 Chapel Hill Ct, Barnegat, NJ 08005
      View Details
    • $564,990

      Premier 55+ Community Home

      Well-maintained 3-bedroom, 2-bath home in desirable 55+ community.
      113 Edenton Dr, Barnegat, NJ 08005
      View Details
    • $599,000

      Lucille's Luncheonette: Legendary Restaurant Opportunity

      Established restaurant with loyal customer base and high visibility.
      1496 Main St, Barnegat, NJ 08005
      View Details
    • $240,990

      Active Adult Community Condominiums

      Exclusive 55+ community with 1 and 2-bedroom condominiums for sale.
      750 Lighthouse Dr, Barnegat, NJ 08005
      View Details
    • $240,990

      Active Adult Community Condominiums

      148 condominiums for active adults 55+ in Barnegat, NJ.
      750 Lighthouse Dr, Barnegat, NJ 08005
      View Details
    • $79,900

      Retirement Community Mobile Home

      Mobile home in a convenient retirement community.
      34 Cypress Ln, Barnegat, NJ 08005
      View Details
    • $240,990

      Active Adult Community Condominiums

      55+ community featuring 1 and 2-bedroom condominiums in Barnegat, NJ.
      750 Lighthouse Dr, Barnegat, NJ 08005
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot in desirable Ocean Acres neighborhood. Build your dream home.
    Where is this residential land & home lot located?
    The property is located at 1975 Breakers Dr Barnegat, NJ.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Desirable Ocean Acres location.; - Utilities available at the street for easy hookup.; - Ready to build: Vacant 72 x 193 ft lot.
    (609) 312-6882
    Request Owner's contact information
    1975 Breakers Dr Barnegat, NJ 08005
    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.
    1975 Breakers Dr
    Barnegat, NJ 08005
    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
    1975 Breakers Dr Barnegat, NJ 08005
    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

    We can help!
    Listing Contact
    Ashley M Veith
    Real Estate License ID: 1645480
    (609) 312-6882 (609) 494-7000
    Learn more
    Google sign-in failed. Please try again or use another login method.