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Property profile

1500 Allaire Ave Ocean, NJ 07712

OFF-MARKET
Commercial real estate
Property ID
US59-1560914
18,744 SF 1.74 ac lot Built 1988
Last sale Jul 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 18,744 square foot Class B medical office building, situated on a generous 1.74-acre lot in desirable Ocean Township, New Jersey, presents a compelling investment opportunity. Constructed in 1988, the property boasts a single, multi-tenant configuration. Currently, there is one suite available for lease, totaling 2,318 square feet, and ready for occupancy on May 1st, 2024. The building's location in Monmouth County, at 1500 Allaire Avenue, zip code 07712, offers convenient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$44k
Tax billed · 2022
Assessed value · 2023$2.55M
Assessed land$692k
Assessed improvement$1.86M
Effective rate1.72%

Value estimate

· Oct 2026
$2.37M
$2.13M – $2.61M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$152 – $370
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
O140
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon13.6
Garden Center12.3
Hotel & Motel12.1

Location

1500 Allaire Ave Ocean, NJ 07712-7603
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Tornillo, Ocean, NJ 07712-7529 $6,040,000 Sep 2025 25,445 SF
1531 Sewall, Asbury Park, NJ 07712-6335 $2,075,000 Oct 2024 16,724 SF
574 Cookman, Asbury Park, NJ 07712-7187 $3,050,000 Jun 2024 15,069 SF
917 1st, Asbury Park, NJ 07712 $4,447,500 Apr 2024 22,080 SF
813 1st, Asbury Park, NJ 07712-5942 $4,447,500 Apr 2024 28,977 SF
654 Cookman, Asbury Park, NJ 07712-7104 $986,000 Feb 2024 18,130 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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