34 Main St Freehold, NJ 07728
- Commercial real estate
- 4,732 SF
- 0.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 34 Main St
- Lot size
- 0.20 lot acres
- Property size
- 4,732 SF
- Property type
- Commercial real estate
- APN
- 16 00062-0000-00012
- APU
- 1600062000000012
Description
This exceptional Freehold Borough property presents a unique investment opportunity. Located at 34 E Main Street, this landmark site boasts a prime downtown location in the county seat of Monmouth County, an area experiencing high demand for real estate. The property comprises two buildings totaling 8,260 square feet on a 0.2-acre lot (8,799 square feet). One building, a former bank, offers 3,300 square feet across two stories, complete with three convenient drive-up lanes. The second building features two street-level retail spaces
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,610,000
- 6.5%
- $1,420,000
- 7%
- $1,680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,485,000
- Geo Method
- $1,685,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,815,000
- Retail
- $1,805,000
- Mixed-Use
- $1,560,000
- Hospitality
- $1,850,000
- Educational
- $1,370,000
- Residential Income
- $1,385,000
- Energy
- $1,585,000
- Income-Based Land
- $1,405,000
- Food Service
- $1,560,000
Location Insight
- Map
- Local Demand
- City
- Freehold
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.2725
- Latitude
- 40.2608
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA