Property profile

116 Main St Forked River, NJ 08731

OFF-MARKET
Commercial real estate
Property ID
US59-3078650
1,576 SF 1 ac lot Built 1940
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Construction FRAME
Total area 1,576 SF
Lot 1 ac (43,560 SF)
Zoning code C150
APN 13 00314-0000-00008
UPID US59-3078650

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

116 Main St Forked River, NJ 08731-3630
Forked River metro Census 732001 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$418k
Blend (final) Blend
$630k

Owner & transaction history

since 2023
Last sale
$625,000
4 recorded transactions
2023
$625,000
2010
$24,000
2007
$300,000
2004
$320,000

Zoning & alternative use

C150 · Forked River, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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