Sign Up Successful!
You now have access to more from Realmo!
    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

    3156 Route 88 Point Pleasant Beach, NJ 08742

    Sponsored
    For Sale
    $680,000

    COMMERCIAL - Point Pleasant, NJ

    Property size:
    2,900 SF
    Lot size:
    0.19 Acres
    Days on Market:
    69
    Last Refresh:
    Feb 14 at 1:06 pm

    Property Features for 3156 Route 88

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    25-00211-0000-00001
    Parking
    10
    Parking features
    Parking Lot, RV, Offsite, Guest
    Exterior features
    Lighting
    Size
    2,900 SF
    Lot size
    0.19 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1978
    Floors in Building
    2
    Flooring type
    Vinyl
    Roof type
    Shingle

    We can help!

    Listing Contact
    Marissa N DiMare

    Keller Williams Shore Properties (732) 797-9001

    Listing agent Marissa N DiMare (732) 830-1535

    Listing date Dec 8, 2025

    MLS# 22529149

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Commercial Building on Route 88

    This commercial building is located in Point Pleasant, NJ, on Route 88, offering excellent visibility and easy access. The property, with a size of 2900 square feet and a lot size of 0.19 acres, is available for sale. The property is suitable for office, professional, retail, medical, or co-working use. The location benefits from strong traffic counts and flexible floor plans. This property presents an opportunity for investors or business owners to purchase an income property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Point Pleasant Beach
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.086446
    Latitude
    40.079297

    Nearby Similar for Sale

    • $10,500,000
      Pending

      Oceanfront Motel Prime Coastal Property

      Oceanfront motel with 44 rooms, apartment, and a spacious home.
      1008 Ocean Ave, Point Pleasant Beach, NJ 08742
      View Details
    • New
      $80,000
      0.13 Acres

      Pizzeria on Ocean Avenue

      Turn-key pizzeria for sale in Point Pleasant Beach, NJ.
      136 Ocean Ave, Point Pleasant Beach, NJ 08742
      View Details
    • $1,980,000
      2,953 SF

      Point Pleasant Beach Multifamily Compound

      Four-unit multifamily property near the beach in Point Pleasant Beach.
      140 Ocean Ave, Point Pleasant Beach, NJ 08742
      View Details
    • $799,000
      2,250 SF

      Point Pleasant Mixed-Use Property

      Mixed-use property featuring office space and a residential apartment.
      1225 Bay Ave, Point Pleasant Beach, NJ 08742
      View Details
    • $1,200,000
      3,378 SF

      Point Pleasant Beach Commercial Opportunity

      Commercial property in downtown Point Pleasant Beach, zoned for general commercial.
      401 Richmond Ave, Point Pleasant Beach, NJ 08742
      View Details
    • $665,000
      0.17 Acres

      Point Pleasant Commercial Building

      Mint condition building suitable for various business uses.
      838 Beaver Dam Rd, Point Pleasant Beach, NJ 08742
      View Details
    • New
      $1,599,900
      3,229 SF

      Multi-Use Building in Point Pleasant

      Multi-use building in vibrant downtown Point Pleasant Beach.
      517-521 Bay Ave, Point Pleasant Beach, NJ 08742
      View Details
    • New
      $1,499,900
      2,380 SF

      Mixed-Use Building in Point Pleasant

      Multi-use building with retail space and apartments in downtown.
      523-525 Bay Ave, Point Pleasant Beach, NJ 08742
      View Details
    • $3,500,000
      Pending

      Point Pleasant Beach Motel Opportunity

      29-room motel near beach, ideal for redevelopment or investment.
      210 Arnold Ave, Point Pleasant Beach, NJ 08742
      View Details
    • $750,000

      Established Jewelry Store in Point Pleasant

      Turnkey jewelry store with inventory and staff included for sale.
      2245 Bridge Ave, Point Pleasant Beach, NJ 08742
      View Details
    • $1,275,000

      Rare Beachside Point Pleasant Multifamily

      Three-unit property near the beach, ideal for investment or residence.
      222 Ocean Ave, Point Pleasant Beach, NJ 08742
      View Details
    • Contact for pricing
      2,146 SF

      Point Pleasant Two-Family Home

      Legal two-family home in desirable Point Pleasant neighborhood, near beach.
      545 Summit Dr, Point Pleasant Beach, NJ 08742
      View Details

    FAQs

    What type of property is this?
    Office space - Commercial building on Route 88 with excellent visibility.
    Where is this office space located?
    The property is located at 3156 Route 88 Point Pleasant Beach, NJ.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Prime commercial building on Route 88 with excellent visibility and easy access.; - Income property opportunity with two lower-level units available for immediate rent.; - Flexible floor plans suitable for office, professional, retail, medical, or co-working use.
    (732) 830-1535
    Request Owner's contact information
    3156 Route 88 Point Pleasant Beach, NJ 08742
    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.
    3156 Route 88
    Point Pleasant Beach, NJ 08742
    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
    3156 Route 88 Point Pleasant Beach, NJ 08742
    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
    Marissa N DiMare
    (732) 830-1535
    Learn more
    Google sign-in failed. Please try again or use another login method.