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    214 Jack Martin Blvd Unit Brick, NJ 08724

    For Sale
    $289,000

    High-yield medical office near hospital

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This two-story, 289,000 USD medical/professional condo in Brick, NJ presents a compelling investment opportunity. Ideally situated across from Hackensack Meridian Hospital, this property boasts exceptional visibility and accessibility, benefiting from proximity to major highways and bus routes. A substantial parking lot ensures ample space for patients and staff. The flexible layout makes it suitable for various medical or professional uses, including an owner-occupant model with rental income from the lower level, or as a fully leased investment property. The upper level features a spacious open work area, private offices, and a kitchen. The lower level comprises two distinct office suites, each with its own entrance, reception area, business space, exam rooms, a private consultation room, and a bathroom. These suites can be rented individually or as a single unit, offering significant rental income potential. The asking price reflects the property's current condition, presenting a strong value proposition for discerning investors seeking a high-return asset in a prime medical corridor. The property's location and versatile design make it an attractive option for a variety of healthcare professionals or businesses.

    Property Features for 214 Jack Martin Blvd Unit

    General Information

    Property type
    Office Properties & Spaces
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    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
    -74.12468
    Latitude
    40.0766

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    FAQs

    What type of property is this?
    Office Property / Space - High-yield medical office near hospital
    Where is this office property / space located?
    The property is located at 214 Jack Martin Blvd Unit Brick, NJ.
    What is the asking price?
    The asking price for this property is $289,000.
    (732) 892-9900
    Request Owner's contact information
    214 Jack Martin Blvd Unit 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
    214 Jack Martin Blvd Unit Brick, NJ 08724
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