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    1013 State Rte 35 Ocean, NJ 07712-4048
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    Property profile & analytics

    1013 State Rte 35, Ocean, NJ 07712-4048

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    • Commercial real estate
    • 5,016 SF
    • 0.82 lot acres
    Off-Market
    Last Sale May 26, 2023
    Property ID
    US59-1493783
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,010,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1013 State Rte 35

    Year built
    1977
    Construction
    BRICK
    Lot size
    0.82 lot acres
    Zone code
    96
    Property type
    Commercial real estate
    APN
    37 00216-0000-00009
    APU
    3700216000000009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 26, 2023 — Four Falcons LLC Leslie Klieger Deed —
    Dec 10, 2014 — Deanco INC Rice,bruce Grant Deed · related —
    Dec 7, 2007 $1,725,000 Rice,bruce Ocean Sunset LLC Grant Deed $1.1M · Washington Mutual Svgs Bk
    Feb 10, 2006 — Ocean Sunset LLC — Trustees Deed · related $1.1M · Valley National Bank
    Mar 17, 2005 $1,200,000 Ocean Sunset LLC Stillings,dolores Grant Deed $900k · Intervest National Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,130,000
      6.5%
      $1,040,000
      7%
      $965,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $701,000
      Market price range: $217k - $734k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,280,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,325,000
      Change: +4% Conversion: Moderate
      OFFICE BUILDING
      $1,235,000
      Change: -3% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,035,000
      Change: -19% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ocean
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0371
    Latitude
    40.2372
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $23,156
    $1,040,100
    $311,300
    $1,351,400
    -
    $1,040,100
    $311,300
    $1,351,400
    More about this property
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