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    308 W Sylvania Ave Neptune City, NJ 07753

    For Sale
    $1,250,000

    COMMERCIAL - Neptune City, NJ

    Days on Market:
    67
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 308 W Sylvania Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    36-00118-0000-00012
    Parking features
    Parking Lot

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1

    Douglas Elliman of NJ LLC (201) 721-8610

    Listing agent Chris Katz (732) 387-3807

    Listing date Oct 1, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional 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

    Fully Leased Commercial Strip Center

    This is an investment opportunity to own a fully leased commercial strip center in Neptune City, NJ. The property is situated in a high-traffic area minutes from Route 18, the Garden State Parkway, and Jersey Shore University Medical Center. The center benefits from constant traffic and proximity to major retail, healthcare, and residential developments. With long-term tenants in place, this asset is suitable for investors seeking reliable income in a growth market.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Neptune City
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.047724
    Latitude
    40.205171

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    FAQs

    What type of property is this?
    Strip mall - Commercial strip center in Neptune City, NJ, fully leased.
    Where is this strip mall located?
    The property is located at 308 W Sylvania Ave Neptune City, NJ.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Fully leased commercial strip center providing stable cash flow.; - Prime location in Neptune, NJ, a high-traffic area.; - Excellent accessibility to Route 18, Garden State Parkway, and Jersey Shore University Medical Center.
    (732) 387-3807
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    Realmo Value Estimation

    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.

    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.

    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
    308 W Sylvania Ave Neptune City, NJ 07753
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