19 Carr Ave Keansburg, NJ 07734
- Commercial real estate
- 17,386 SF
- 0.29 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 19 Carr Ave
- Year built
- 1938
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.29 lot acres
- Property size
- 17,386 SF
- Zone code
- 118
- Property type
- Commercial real estate
- APN
- 23 00011-0000-00004
- APU
- 2300011000000004
Description
This exceptional Class A retail opportunity is located at 19 Carr Ave in Keansburg, NJ, within the burgeoning Baypoint development (baypointnj.com). This five-story building, completed in 2024, offers a total of 35,000 square feet of commercial space, with five individual units currently available. Each unit ranges in size from 1,375 to 3,300 square feet, providing flexibility for various retail and restaurant concepts. The property is situated in Monmouth County, zip code 07734, and benefits from its location within a rapidly growing community. Baypoint is experiencing significant residential growth, with over 700 residential units currently under development, ensuring a substantial and expanding customer base for businesses located within the development. The landlord is open to dividing the available space to accommodate the specific needs of prospective tenants. This presents a unique chance to establish a presence in a thriving, upscale residential area, poised for continued expansion and success. The property's prime location and modern construction make it an ideal investment for businesses seeking high visibility and access to a large, affluent population. Contact for details and availability.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,050,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $1,020,000
- 7%
- $1,010,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $880,000
- Geo Method
- $885,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $875,000
- Retail
- $1,040,000
- Mixed-Use
- $915,000
- Hospitality
- $820,000
- Educational
- $1,050,000
- Residential Income
- $840,000
- Energy
- $800,000
- Income-Based Land
- $965,000
- Food Service
- $830,000
Location Insight
- Map
- Local Demand
- City
- Keansburg
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1358
- Latitude
- 40.4545
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
