1301 Bayview Ave Barnegat Light, NJ 08006-1596
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Bayview Harbor Boat Repair Shop Boat Storage Facility
M-C Marine Commercial Zone. Uses and buildings permitted. The following uses and buildings shall be permitted in the M-C Zone: All uses and buildings permitted in the R-B District, subject to regulations of that district. Motels, hotels and multifamily dwellings, subject to the regulations of § 215-9A(4) . Marine services, such as dockage, boat landing, boat…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
M-C · Barnegat Light, NJM-C Marine Commercial Zone. Uses and buildings permitted. The following uses and buildings shall be permitted in the M-C Zone: All uses and buildings permitted in the R-B District, subject to regulations of that district. Motels, hotels and multifamily dwellings, subject to the regulations of § 215-9A(4) . Marine services, such as dockage, boat landing, boat repairs and marine gasoline pumps on docks or bulkheads. Boat sales. Marine engine sales and repairs. Marine supplies and equipment sales. Bait and tackle sales. Shipbuilding yards and ways. Retail seafood markets. Wholesale establishments for packing and shipping seafood, not to include any process involving heat or cooking. Inside or outside storage of boats in conjunction with marine operations, but subject to the further provisions of this section. Restaurants, taverns and cocktail lounges. Gift shops. Any accessory uses and structures customarily associated with a permitted use or structure and clearly incidental to the principal use or structure permitted on the lot. Required lot area. Lot area shall not be less than 5,000 square feet, and the minimum dimension of any lot shall not be less than 50 feet. Percentage of lot coverage. All buildings, including accessory buildings, shall not cover more than 35% of the dry land area, subject to the provisions of this section relating to parking. Yards required. [Amended 3-25-1991 by Ord. No. 91-54 ] No building or structure shall be closer than 25 feet to the street line where off-street parking is provided at the side or rear of the building. If off-street parking is provided between the front of the building and the street line, the minimum setback from said street line to the building shall be 50 feet. Each lot shall have a minimum side yard of 10 feet on each side of the main or principal building located on the lot, except that in the case of a corner lot, no building or structure shall be closer than 15 feet to the narrower street. If off-street parking is provided between the side of the building and the street line of the narrower street, the minimum setback from said street line to the building shall be 20 feet. The setback between the street line of the wider street and the front of the building shall comply with the requirements of Subsection D(1) . Each lot shall have a minimum rear yard of 10 feet, provided that open and easily accessible covered docks shall not be construed to violate the requirement. An attached group of stores may be considered as one building when applying the above yard space requirements. Off-street parking.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.