1 Oak Dr, Ocean Township, NJ 07712
This exceptional 0.1204-acre commercial parcel is strategically located in Ocean Township, New Jersey, near the intersection of Oak Drive and West Sylvania Avenue. The property is fully fenced and enjoys a desirable location bordered by established businesses, with residential properties situated across the street. This presents a unique opportunity for a variety of commercial ventures. The HC (Highway Commercial) zoning allows for diverse development possibilities, making it particularly well-suited for projects such as electric vehicle charging stations or a cell tower installation. The lot's convenient access to major roadways, including Highways 18 and 33, ensures excellent visibility and accessibility for customers and employees. The asking price for this highly sought-after property is $163,000. Given its size, location, and zoning, this land represents a compelling investment opportunity in a thriving New Jersey community. The address is 1 Oak Dr, Ocean Township, NJ 07712. This property is situated in Monmouth County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.