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Property profile & analytics
OFF-MARKET Estimated value $585,000
Commercial real estate

120 Carr Ave Keansburg, NJ 07734-1366

4,000 SF 0.34 ac lot Built 1948
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-1712217
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Construction CONCRETE BLOCKS
Total area 4,000 SF
Lot 0.34 ac (15,000 SF)
Zoning code B-1
APN 23 00055-0000-00008
UPID US59-1712217
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$615k
Blend (final) Blend
$585k
Owner & transaction history
120 Carr Ave Realty LLC · 1 yrs held
120 Carr Ave Realty LLC
since 2025
5 recorded transactions
2025
$1.5M
2018
Price N/A
2014
Price N/A
2014
$999,000
1969
Price N/A
Zoning & alternative use
B-1 · Keansburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Regulations Controlling the B-1 General Commercial Zone District. [Ord. #1045, § 5.9; Ord. #1105, § 1; Ord. #1118, § 1; Ord. #1241; Ord. #1543; Ord. #2015-1562; Ord. #2015-1572] a. Purpose. The B-1 General Commercial Zone District provides for locations where retail and service activity should be concentrated to serve the needs of Borough residents. The Gene…

Zone name General Commercial
General category COMMERCIAL
Zone area 40.20 ac
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