2611 Belmar Boulevard West Belmar, NJ 07719
COMMERCIAL - West Belmar, NJ
- Added:
- Feb 13, 2026
- Days on Market:
- 148
- Last Refresh:
- Jul 11 at 11:06 pm
Property Features for 2611 Belmar Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 10
- Parking features
- RV, Open, Guest, Assigned, Parking Lot
- Security features
- Security System
- Exterior features
- Display Window, Lighting, Outdoor Shower
- Fencing
- Fenced
- Fireplace
- 1
- Basement
- Crawl Space
- Standard status
- Pending
- APN
- 52-00266-0000-00003
- Size
- 3,464 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9213
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Baseboard
- Cooling system
- Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1969
- Floors in Building
- 2
- Building materials
- Cedar Shake, Brick Veneer, Stucco
- Roof type
- Asphalt
Listing agent Richard Covey (732) 988-8900
Listing office Keller Williams Avon Realty 310 E Main Street, Shrewsbury, NJ (732) 988-8900
Listing date Feb 13, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent investment opportunity with over 3400 sq ft on a 10,400 sq ft lot offering strong ROI potential.
- Prime location in Wall Township's Glendola section, close to major routes.
- Two income streams: tenant‑occupied commercial space and a vacant 3bd, 2bth apartment with $4,000/month rental potential.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.9k | $30.00 |
| − Vacancy | −$7.1k | −$2.04 |
| EGI | $96.9k | $27.96 |
| − OpEx | −$43.6k | −$12.58 |
| NOI | $53.3k | $15.38 |
