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

    2012 BREAKERS Drive Barnegat, NJ 08005

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 2012 BREAKERS Drive, Barnegat, NJ
    For Sale
    $59,900

    LAND - BARNEGAT, NJ

    Lot size:
    0.22 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    227
    Last Refresh:
    Apr 23 at 10:06 pm

    Property Features for 2012 BREAKERS Drive

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    148

    We can help!

    Listing Contact
    Nicholas Salvatore LeDonne

    Listing agent Nicholas Salvatore LeDonne License #2442860

    Listing office EXP Realty, LLC 28 Valley Road unit: 1, Montclair, NJ

    Listing date Sep 9, 2025

    MLS# NJOC2036872 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.

    Overview

    Vacant Lots in Ocean Acres

    This is a rare opportunity to purchase up to six vacant lots on Breakers Drive in the Ocean Acres section of Barnegat. The lots are located in the Pinelands Conservation Area. Each lot has a size of 0.2242 acres. Buyers should contact The Pinelands Commission for information about Pinelands credits.
    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
    -74.28744
    Latitude
    39.75677

    Nearby Similar for Sale

    • $1,395,000
      2,468 SF

      Versatile Commercial Building on Main Street

      High-visibility commercial building with flexible units and ample parking.
      396 N Main Street, Barnegat, NJ 08005
      View Details
    • $425,000
      1,600 SF

      Barnegat Mixed-Use Property on 1.3 Acres

      Expanded ranch on 1.3 acres with commercial zoning.
      135 S Main Street, Barnegat, NJ 08005
      View Details
    • $339,000

      Warren Grove 18+ Acre Parcel

      18+ acre parcel near LBI to build your dream home.
      Cedar Bridge Road, Barnegat, NJ 08005
      View Details
    • $950,000

      Waterfront Residential Lot Ready to Build

      Premium waterfront lot with DEP permit ready for dream home.
      125 Clifton Road, Barnegat, NJ 08005
      View Details
    • $125,000

      Barnegat Land Near Local Amenities

      Three lots near school, shopping, and transportation in Barnegat, NJ.
      59 Tuckerton Avenue, Barnegat, NJ 08005
      View Details
    • $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 Avenue, Barnegat, NJ 08005
      View Details
    • $89,000

      Vacant Land Near Golf Course

      Vacant lot in Barnegat, close to amenities and parkway.
      655 Lighthouse Drive, Barnegat, NJ 08005
      View Details
    • $79,000
      10,000 SF

      Vacant Land in Barnegat Township

      Vacant lot in Barnegat, close to amenities and transportation.
      46 Harpoon Drive, Barnegat, NJ 08005
      View Details
    • $89,000

      Vacant Lot Backing Golf Course

      Vacant land in Barnegat near shopping, schools, and parkway.
      653 Lighthouse Drive, Barnegat, NJ 08005
      View Details
    • $825,000
      2,742 SF

      Freestanding Former Bank Building

      Freestanding 2,742 SF former bank on 2.93 acre parcel.
      242 S Main St, Barnegat, NJ
      View Details
    • $1,395,000
      2,468 SF

      Versatile Commercial Building on Main

      Commercial office building with high visibility and abundant parking.
      396 N Main Street, Barnegat, NJ 08005
      View Details
    • $83,000

      Barnegat Land For Sale

      0.21 acre parcel in Barnegat's Historic Section.
      68 MEMORIAL Drive, BARNEGAT, NJ 08005
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Six vacant lots available in the Ocean Acres section.
    Where is this residential land & home lot located?
    The property is located at 2012 BREAKERS Drive Barnegat, NJ.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: Opportunity to purchase up to SIX vacant lots.; Located on Breakers Drive.; Situated in the Ocean Acres section of Barnegat.
    (973) 738-7566
    We can help!
    Listing Contact
    Nicholas Salvatore LeDonne
    Real Estate License ID: 2442860
    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!