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    175 Hazlet Ave Hazlet, NJ 07734

    For Sale
    $859,000

    Approved mixed-use project with commercial units and apartments, shovel ready.

    Property Features for 175 Hazlet Ave

    General Information

    Standard status
    Active

    Source: VRI HOMES Agent DINA WOLFE

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

    Overview

    Approved Mixed-Use Project Ready to Build

    This is an approved mixed-use project ready for construction. The development includes 4 commercial units on the first floor and 4 apartments on the second level. The apartments consist of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The property is shovel ready, and floor plans and a site plan are available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    Hazlet
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.1871835
    Latitude
    40.4124897

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    FAQs

    What type of property is this?
    Mixed-use property - Approved mixed-use project with commercial units and apartments, shovel ready.
    Where is this mixed-use property located?
    The property is located at 175 Hazlet Ave Hazlet, NJ.
    What is the asking price?
    The asking price for this property is $859,000.
    What are key features of this property?
    This property features: - Approved mixed-use project: Ready to build immediately.; - Includes 4 commercial units on the first floor.; - Features 4 apartments on the second level.
    (732) 957-0300
    Request Owner's contact information
    175 Hazlet Ave Hazlet, NJ 07734
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    Hazlet, NJ 07734
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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
    175 Hazlet Ave Hazlet, NJ 07734
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