Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1304 Brielle Ave, Unit 06 Ocean, NJ 07712-3827
    Back to Search
    Property profile & analytics

    1304 Brielle Ave, Unit 06 Ocean, NJ 07712-3827

    View on Map
    • Commercial real estate
    • 33,318 SF
    • 6.49 lot acres
    Off-Market
    Property ID
    US59-1705090
    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
    $3,565,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1304 Brielle Ave

    Year built
    1975
    Construction
    CONCRETE BLOCKS
    Lot size
    6.49 lot acres
    Property size
    33,318 SF
    Zone code
    I-1
    Property type
    Commercial real estate
    APN
    37 00184-0000-00001- 02
    APU
    370018400000000102

    Description

    This exceptional Class A industrial warehouse, situated at 1304 Brielle Ave in Ocean Township, NJ 07712, presents a rare opportunity. Completed in 2023, this single-tenant building boasts 23,388 square feet of pristine, vacant space, ideal for a variety of industrial uses. The property sits on a 1.4-acre lot and features a 30-foot ceiling height, providing ample storage and operational flexibility. Loading and unloading are efficient with two loading docks and two dock-high doors, complemented by one drive-in door and ample parking for 20 vehicles. The building is equipped with 400 amps of power. The property is zoned for industrial use and benefits from its convenient location on Brielle Ave, near the intersection with Doris. Annual property taxes are $2.50 per square foot. This newly constructed warehouse offers a modern, efficient, and versatile space ready for immediate occupancy. Don't miss this chance to secure a prime industrial property in a thriving New Jersey location. The property's address is 1304 Brielle Ave, Ocean Township, NJ 07712.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0447
    Latitude
    40.24
    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
    2023
    $44,691
    $1,947,000
    $1,281,900
    $3,228,900
    -
    $1,947,000
    $1,281,900
    $3,228,900

    Comparable in this City

    • Value Estimation by Request
      4,216 SF

      1025 State Route 35

      Commercial real estate • 4,216 SF
      1025 State Route 35, Oakhurst, NJ 07712
      View Details
    • Value Estimation by Request
      0.45 Acres

      1801 Ocean Ave

      COMMERCIAL (GENERAL) • 0.45 Acres
      1801 Ocean Ave, Asbury Park, NJ 07712
      View Details
    • Value Estimation by Request
      14.67 Acres

      1549 State Rte 35

      COMMERCIAL (GENERAL) • 14.67 Acres
      1549 State Rte 35, Ocean, NJ 07712-3520
      View Details
    • Value Estimation by Request

      900 Asbury Ave

      COMMERCIAL (GENERAL)
      900 Asbury Ave, Asbury Park, NJ 07712
      View Details
    • Value Estimation
      $1,115,000
      6,072 SF

      701 Cookman Ave

      COMMERCIAL (GENERAL) • 6,072 SF
      701 Cookman Ave, Asbury Park, NJ 07712-7048
      View Details
    • Value Estimation by Request
      2,400 SF

      807 Deal Rd

      COMMERCIAL (GENERAL) • 2,400 SF
      807 Deal Rd, Ocean, NJ 07712-3455
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,216 SF

      Prime Oakhurst Commercial Space

      Spacious 4,216 sq ft commercial building
      1025 State Route 35, Oakhurst, NJ 07712
      View Details
    • Contact for pricing
      7,068 SF

      Asbury Park Retail Space

      Retail space available for sale in Asbury Park.
      428 Main St, Asbury Park, NJ 07712
      View Details
    • Contact for pricing
      5,534 SF

      Former Church in Asbury Park

      Well-maintained 5,534 SF former church near Asbury Park.
      1003 Asbury Ave, Asbury Park, NJ 07712
      View Details
    • Contact for pricing
      28,700 SF

      Asbury Park Warehouse For Sale

      28,700 SF warehouse property available in Asbury Park.
      1301 Memorial Dr, Asbury Park, NJ 07712
      View Details
    • $21,600,000

      Asbury Park Multifamily Investment Opportunity

      Renovated 98-unit residential building in Asbury Park, New Jersey.
      200 Deal Lake Dr, Asbury Park, NJ 07712
      View Details
    • $1,625,000
      2,840 SF

      Light-Filled End Unit in Asbury

      Spacious 4-bedroom home near beaches, boardwalk, and vibrant Asbury Park.
      410 Sewall Ave, Asbury Park, NJ 07712
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,700 SF

      Retail Space on Route 35

      Retail space with high visibility on Route 35.
      1560 State Route 35, Ocean, NJ 07712
      View Details
    • $12 SF/Yr
      8,694 SF

      Asbury Park Flex/Industrial Space

      8,694 SF flex/industrial space available for lease.
      910 1St Ave, Asbury Park, NJ 07712
      View Details
    • Contact for pricing

      Asbury Park Flex Space

      7,500 sq ft flex space available for sale/lease.
      811 Memorial Dr, Asbury Park, NJ 07712
      View Details
    • $10,000 /Mo

      Auto Shop with Licenses

      Auto shop for rent with licenses and equipment.
      1501 Asbury Ave, Asbury Park, NJ 07712
      View Details
    • Contact for pricing

      Cookman Avenue Retail/Office Space

      Retail and office spaces available in vibrant downtown Asbury Park.
      658 Cookman Ave, Asbury Park, NJ 07712
      View Details
    • $3,500 /Mo
      19,602 SF

      Commercial Space in Asbury Park

      Commercial space for rent in Asbury Park, New Jersey.
      700 Bangs Ave, Asbury Park, NJ 07712
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1304 Brielle Ave, Unit 06
    Ocean, NJ 07712-3827
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1304 Brielle Ave, Ocean, NJ, 07712
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!