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    1211 Park Ave Ocean, NJ 07712-7221
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    Property profile & analytics

    1211 Park Ave, Ocean, NJ 07712-7221

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    • Commercial real estate
    • 5,366 SF
    • 1.66 lot acres
    Off-Market
    Last Sale Nov 13, 2023
    Property ID
    US59-2428766
    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
    $865,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1211 Park Ave

    Year built
    1966
    Construction
    FRAME
    Lot size
    1.66 lot acres
    Zone code
    R1PA
    Property type
    Commercial real estate
    APN
    37 00001- 22-00034
    APU
    37000012200034

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 13, 2023 — Vet B Well LLC Garden Hills Senior Living LLC Lease $1.5M · Leviticus 25 23 Alternative Fund INC
    Aug 6, 2014 $1,000,000 Garden Hills Senior Living LLC Alemap Nairda LLC Grant Deed —
    Dec 2, 2010 — Alemap Nairda LLC Berg,pamela J Grant Deed · related —
    Sep 2, 2009 — Berg,pamela J Berg,michael D & Pamela J Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,205,000
      6.5%
      $1,115,000
      7%
      $1,035,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,370,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,420,000
      Change: +4% Conversion: Moderate
      OFFICE BUILDING
      $1,325,000
      Change: -3% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,105,000
      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
    -74.0678
    Latitude
    40.2602
    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
    $17,147
    $405,000
    $585,000
    $990,000
    -
    $405,000
    $585,000
    $990,000
    More about this property
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