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    1469 Route 88 Brick, NJ 08724

    For Sale
    $925,000

    Three properties: houses & vacant lot. High-exposure location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity in Brick, New Jersey, presents a unique chance to acquire three properties totaling 0.17 acres. The offering includes two houses and one vacant lot, all situated at prime locations along Route 88, providing excellent visibility and potential for high returns. The properties are zoned B1, opening up a range of possibilities for redevelopment or continued operation as rental units. The combined purchase price for all three properties is $925,000. This represents a significant opportunity for investors seeking a multi-property portfolio in a desirable New Jersey location. The existing structures offer immediate income potential, while the vacant lot provides additional development possibilities, allowing for expansion or the creation of new income streams. The high-traffic location on Route 88 ensures strong exposure and accessibility, making this an attractive investment for both seasoned and emerging investors. Detailed property records and zoning information are available upon request. This is a rare chance to acquire a well-positioned multi-family investment in a thriving market. Don't miss this opportunity to expand your real estate portfolio with this promising investment. Serious inquiries only.

    Property Features for 1469 Route 88

    General Information

    Property type
    Residential income properties
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    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
    Brick
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.14617
    Latitude
    40.08213

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    FAQs

    What type of property is this?
    Residential income property - Three properties: houses & vacant lot. High-exposure location.
    Where is this residential income property located?
    The property is located at 1469 Route 88 Brick, NJ.
    What is the asking price?
    The asking price for this property is $925,000.
    (732) 892-9900
    Request Owner's contact information
    1469 Route 88 Brick, NJ 08724
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    Brick, NJ 08724
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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
    1469 Route 88 Brick, NJ 08724
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