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Property profile & analytics
OFF-MARKET Estimated value $300,000
Commercial real estate

1010 Ocean Ave Sea Bright, NJ 07760-2123

0.32 ac lot Built 2000
Entity Owned 9-yr Hold Free & Clear
Property ID
US59-0431462
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Construction CONCRETE BLOCKS
Lot 0.32 ac (13,860 SF)
Zoning code B-R
APN 42 00017-0000-00005
UPID US59-0431462
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
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k
Owner & transaction history
1010 Ocean Partners LLC · 9 yrs held
1010 Ocean Partners LLC
since 2017
7 recorded transactions
2017
Price N/A
2016
$500,000
2016
Price N/A
2011
$1.3M
2011
$1.1M
2009
$1.7M
1969
Price N/A
Zoning & alternative use
B-R · Sea Bright, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-R Business Residential Zone. RO Residential Overlay Zone. Affordable Housing Overlay-1, AHO-1 District. Intent and purposes of districts and zones. As hereinafter set forth, the intent and purposes of the various districts and zones established by this chapter shall be held to be the guiding principles to be relied upon by all who have the responsibility o…

Zone name Business Residential
General category COMMERCIAL
Zone area 6.98 ac
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