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    OFF-MARKET
    Land

    1 Oak Dr, Ocean Township, NJ 07712

    0.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.12 ac (5,227 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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