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    1604 Nj-72 Stafford Township, NJ 08050

    Sponsored
    For Sale
    $599,900

    0.93-acre commercial lot, Route 72.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.93-acre commercial land parcel is strategically located on Route 72 in Manahawkin, New Jersey, offering unparalleled visibility and accessibility. Situated between The Learning Experience and a medical building, this property enjoys a high-traffic location with excellent proximity to essential amenities. City water and sewer easements are in place, along with readily available gas and electric services, simplifying development and operational costs. The property's prime location near a hospital, various medical facilities, and retail establishments ensures a robust customer base. Furthermore, its proximity to the Parkway and its position as the main entrance to Manahawkin and the primary access road to Long Beach Island guarantees significant traffic flow. Adding to its appeal, approximately 6,000 single-family homes are located directly behind the property, representing a substantial potential customer pool. The scarcity of available parcels on Route 72 underscores the unique investment opportunity presented by this property. The asking price is $599,900. This is a rare chance to acquire a highly desirable commercial lot in a thriving coastal New Jersey community. The property is located at 1604 NJ-72, Stafford Township, NJ 08050.

    Property Features for 1604 Nj-72

    General Information

    Property type
    Land
    Lot Size
    40,511 SF

    HighLights

    • $599,900 asking price.
    • 0.93‑acre commercial land parcel.
    • Located at 1604 NJ‑72, Stafford Township, NJ 08050.
    • Excellent Route 72 location in Manahawkin, near medical facilities and retail.
    • City water, sewer easement, gas, and electric available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Stafford Township
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.296542
    Latitude
    39.734136

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    FAQs

    What type of property is this?
    Land - 0.93-acre commercial lot, Route 72.
    Where is this land located?
    The property is located at 1604 Nj-72 Stafford Township, NJ.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: $599,900 asking price.; 0.93-acre commercial land parcel.; Located at 1604 NJ-72, Stafford Township, NJ 08050.
    Request Owner's contact information
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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
    1604 Nj-72 Stafford Township, NJ 08050
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