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Property profile & analytics
OFF-MARKET Estimated value $415,000
Grocery and convenience stores

160 1st Ave Atlantic Highlands, NJ 07716-1213

3,600 SF 0.46 ac lot Built 1978
Individually Owned 23-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-2049666
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1978
Total area 3,600 SF
Lot 0.46 ac (19,890 SF)
Zoning code CBD
APN 05 00101-0000-00004- 01
UPID US59-2049666
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k
Owner & transaction history
G Corson Ellis · 23 yrs held
G Corson Ellis
since 2002
4 recorded transactions
2020
Price N/A
2002
$1
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Atlantic Highlands, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Central Business District HB Highway Business WB Waterfront Business MR Marine Recreation LI Light Industrial MC Marine Conservation District PB Public Open Space/Recreation District ST Steep Slope Overlay Area AH Affordable Housing B. The regulations set forth in this chapter for each district shall be minimum regulations and shall apply uniformly to ea…

Zone name Central Business District
General category COMMERCIAL
Zone area 28.74 ac
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