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Property summary
This exceptional 2,000-square-foot commercial property at 369 Carr Ave, Keansburg, NJ 07734, presents a unique investment opportunity. Built in 1945, this single-tenant building boasts a spacious, open floor plan ideal for various retail or office uses. The property features engineered hardwood floors, two storage rooms, a bathroom, a slop sink, and ample closet space. Benefit from excellent natural light provided by two large windows and efficient fluorescent lighting. Additional features include an 8-foot ceiling height with ceiling tiles, cement flooring in storage areas, and a convenient back door leading to a cement patio. The property includes four parking spaces. Located in Keansburg's revitalization zone, it enjoys close proximity to Borough Hall, the Police Department, and numerous retail businesses and restaurants. Its strategic location offers easy access to the Garden State Parkway (GSP), the Sea Streak Ferry, and the NJ Coastline train, providing convenient commuting options to New York City and surrounding areas, including Middletown and Red Bank. The property is immediately available. Note that the tenant is responsible for obtaining a Certificate of Occupancy (CCO), securing necessary permissions from Keansburg Township, and covering trash removal, snow removal, utilities, electricity, and gas. The monthly rent is $2,200. The APN is 23-00158000000011. Zoning is Commercial.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Keansburg market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Keansburg, NJZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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