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    Property profile & analytics

    1501 Main St Asbury Park, NJ 07712-5319

    • Commercial real estate
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US59-3168240
    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

    • Commercial real estate

    Property Details for 1501 Main St

    Year built
    1985
    Lot size
    0.23 lot acres
    Zone code
    MSNG
    Property type
    Commercial real estate
    APN
    04 03005-0000-00002
    APU
    403005000000002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Asbury Park
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0093
    Latitude
    40.2285
    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
    $14,116
    $803,100
    $103,500
    $906,600
    -
    $803,100
    $103,500
    $906,600

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      1100 Ocean Ave

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      0.27 Acres

      1021 State Rte 35

      COMMERCIAL (GENERAL) • 0.27 Acres
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      1.01 Acres

      3437 Sunset Ave

      COMMERCIAL (GENERAL) • 1.01 Acres
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      12,586 SF

      1300 State Rte 35th Rear Rear

      COMMERCIAL (GENERAL) • 12,586 SF
      1300 State Rte 35th Rear Rear, Ocean, NJ 07712-3537
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      3,516 SF

      311 6th Ave

      COMMERCIAL (GENERAL) • 3,516 SF
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    • Value Estimation by Request
      4,532 SF

      1221 Asbury Ave

      COMMERCIAL (GENERAL) • 4,532 SF
      1221 Asbury Ave, Asbury Park, NJ 07712-5728
      View Details

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    Similar Nearby for Lease

    • $1,200 /Mo

      Office Space in Ocean Twp

      Office space available for rent in Ocean Township, New Jersey.
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      Retail and office spaces available in downtown Asbury Park.
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      2,700 SF

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      Retail space with high visibility on Route 35.
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      Renovated Office Space Available

      Renovated office space in Ocean Township, Monmouth County.
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      Prime Corner Location in Asbury

      Corner property in Asbury Park, ideal for restaurant/retail.
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    Property Visit Statistics

    • Visits by month
      13.6k
    • Visitors by month
      5.6k
    • Avg Time on site
      8 min
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    1501 Main St
    Asbury Park, NJ 07712-5319
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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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