Ground-Floor Storefront
1412 LONG BEACH BOULEVARD, Beach Haven, NJ 08008
For Sale
New
$738,900
Currently leased for real estate and insurance operations, with the lease running through June 30, 2027.
Property Size1,810 SF
Price / SF$408.23
Days on Market6
Property Features for 1412 LONG BEACH BOULEVARD
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Gross Income
Tenant in Place
Building Details
Year Built
Listing Agency:
Davies and DeGennaro Real Estate
(609) 494-1646
Listed By:
Christopher Davies · License NJ #0789645
(609) 713-8952
Source:
Cummingsrealtors
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davies and DeGennaro Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit C is a ground-floor commercial storefront built in 2005, with an entrance facing Long Beach Boulevard, exterior retail space and on-site parking. The space is leased for real estate and insurance operations through June 30, 2027, with two optional one-month extensions. The sale covers Unit C only and is subject to the existing lease and applicable approvals.
The property is at Long Beach Boulevard and 15th Street in Beach Haven. Unit C holds a 51% interest in the common elements of the three-unit Sun Rise Condominium Association, with a proportional share of common expenses and voting rights.
The property is at Long Beach Boulevard and 15th Street in Beach Haven. Unit C holds a 51% interest in the common elements of the three-unit Sun Rise Condominium Association, with a proportional share of common expenses and voting rights.
Key Highlights
- Ground‑floor storefront with a Long Beach Boulevard‑facing entrance
- Leased for real estate and insurance operations through June 30, 2027
- Two optional one‑month lease extensions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,835
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,700
$516.7K
Cap Rate 7%
$369,071
$369.1K
Cap Rate 9%
$287,056
$287.1K
Market Conditions
NOI Build-Up for 1,810 SF
Gross rent
$39.1K $21.60/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$36.9K $20.39/SF
− OpEx
−$11.1K −$6.12/SF
NOI
$25.8K $14.27/SF
Area
Ocean County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,700
Cap Rate 7%
$369,071
Cap Rate 9%
$287,056
Alternative Uses
Best Use
Retail
$369.1K
$322.9K – $430.6K
NOI $25,835 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$472.6K
$413.6K – $551.4K
NOI $33,084 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08008, NJ
6,914
Population
16,979
Households
0.4
Avg Household Size
62
Median Age
64%
College-Educated
97%
High-School Grad
10.8 sq mi
ZIP Area
640
Density / Sq Mi
$116,544
Median Household Income
$60,752
Median Earnings
$1,664
Median Rent
$1,083,100
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Ocean County, NJ
Properties on Market for Storefront properties in Ocean County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Currently leased for real estate and insurance operations, with the lease running through June 30, 2027.
Where is this storefront property located?
The property is located at 1412 LONG BEACH BOULEVARD Beach Haven, NJ.
What is the asking price?
The asking price for this property is $738,900.
What are key features of this property?
This property features: Ground‑floor storefront with a Long Beach Boulevard‑facing entrance; Leased for real estate and insurance operations through June 30, 2027; Two optional one‑month lease extensions
