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    Property profile & analytics

    1400 Grand Central Ave Lavallette, NJ 08735-2306

    • Commercial real estate
    • 4,761 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $930,000
    Last Sale
    May 05, 2020
    $810,000
    Location Intelligence
    Property ID
    US59-2141902
    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.

    Current Use by Public Records

    • Lavallette / Real Estate Agency
    • Keller Williams Realty • Shore Properties • Lavallette / Real Estate Agency / Real Estate Agent
    • JerseyShore.RealEstate - Paul Kaminski / Real Estate Agency / Real Estate Agent
    • Nicole Barry, Realtor - Keller Williams Shore Properties / Real Estate Agent
    • The DiMare Group / Real Estate Agent

    Property Details for 1400 Grand Central Ave

    Year built
    1965
    Construction
    CONCRETE BLOCKS
    Lot size
    0.11 lot acres
    Property size
    4,761 SF
    Property type
    Commercial real estate
    APN
    16 00041- 01-00001
    APU
    16000410100001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $955,000

    • CAP approach

      CAP return
      Estimation
      6%
      $815,000
      6.5%
      $835,000
      7%
      $765,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $710,000
      Geo Method
      $770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $775,000
      Retail
      $820,000
      Mixed-Use
      $890,000
      Hospitality
      $765,000
      Educational
      $840,000
      Residential Income
      $945,000
      Energy
      $940,000
      Income-Based Land
      $710,000
      Food Service
      $800,000

    Location Insight

    • Map
    • Local Demand
    City
    Lavallette
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.0697
    Latitude
    39.968
    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
    $5,617
    $410,000
    $247,700
    $657,700
    -
    $410,000
    $247,700
    $657,700

    Comparable in this City

    • Value Estimation by Request
      8,272 SF

      Gr Central Ave

      COMMERCIAL (GENERAL) • 8,272 SF
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    • Value Estimation
      $805,000
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      108 Marshmallow Rd

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    • Value Estimation by Request
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      400 Strickland Blvd

      COMMERCIAL (GENERAL) • 5,640 SF
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      $405,000
      2,857 SF

      Gr Central Ave

      COMMERCIAL (GENERAL) • 2,857 SF
      Gr Central Ave, Lavallette, NJ 08735
      View Details
    • Value Estimation by Request
      3,328 SF

      3532 Rte 35th Nb

      COMMERCIAL (GENERAL) • 3,328 SF
      3532 Rte 35th Nb, Lavallette, NJ 08735-3310
      View Details
    • Value Estimation
      $325,000
      0.42 Acres

      3127 Rte 35th Sb

      COMMERCIAL (GENERAL) • 0.42 Acres
      3127 Rte 35th Sb, Lavallette, NJ 08735-1625
      View Details

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    Similar Nearby for Lease

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      Lavallette Office Space For Rent

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    1400 Grand Central Ave
    Lavallette, NJ 08735-2306
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    Realmo Value Estimation

    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.

    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.

    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
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