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    1027 Ocean Rd Point Pleasant Beach, NJ 08742

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    For Sale
    $410,000

    Mixed-use property suitable for residential and commercial development east of canal.

    Property Features for 1027 Ocean Rd

    General Information

    Standard status
    Active

    Source: KELLER WILLIAMS SHORE PROPERTIES Agent MARK MEYERS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property Near Canal

    This mixed-use property, suitable for both residential and commercial purposes, is located east of the canal. The property allows for the construction of a store with up to two apartments above. A pre-existing two-car garage is present, making it potentially suitable for a landscaper or contractor. Interested parties should consult the attached Land Use sheet from Zoning for detailed information.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -74.0628897
    Latitude
    40.084152

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property suitable for residential and commercial development east of canal.
    Where is this mixed-use property located?
    The property is located at 1027 Ocean Rd Point Pleasant Beach, NJ.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - Mixed-use property suitable for residential and commercial purposes.; - Permitted to build a store with up to 2 apartments above.; - Includes a 2-car garage, ideal for a landscaper or contractor.
    Request Owner's contact information
    1027 Ocean Rd Point Pleasant Beach, NJ 08742
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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
    1027 Ocean Rd Point Pleasant Beach, NJ 08742
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