160 1st Ave Atlantic Highlands, NJ 07716-1213
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Atlantic Highlands, NJCBD 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 each class of structure or land within the district, except as hereinafter provided. C. No building or structure shall hereafter be erected and no existing building or structure shall be moved, altered, added to or enlarged, nor shall any land or building or portion of a building or structure be used, designed, or arranged to be used for any purpose unless in conformity with all of the regulations herein specified for the district in which is it located. D. Every principal building shall be located on a lot as defined in this chapter. Except for multifamily, nonresidential and qualifying bed-and-breakfast establishment development, no more than one principal building and its accessory buildings shall hereafter be erected on any one lot. [Amended 7-27-2011 by Ord. No. 10-2011 ] E. Yards or lots created after the effective date of this chapter shall meet the minimum requirements established by this chapter. F. Any application for expansion or enlargement of the existing structure on an improved lot in the R-3 Zone that is otherwise conforming with all standards other then being deficient in lot area shall be deemed conforming in lot area and shall not require a variance for that lot area deficiency. [Added 2-26-2003 by Ord. No. 4-2003 ] G. All new residential development or mixed commercial and residential development producing five or more residential units in the CBD, HBD, HB, OR, R-TH, or MR-1 Zones shall be required to provide a minimum of 20% of all dwelling units to be affordable for very-low-, low- and moderate-income households. As to bedroom mixes, at least 20% of all low- and moderate-income units shall be three-bedroom units, at least 30% of all low- and moderate-income units shall be two-bedroom units, and the combined number of efficiency and one-bedroom units shall be no greater than 20% of the total low- and moderate-income units. The remainder, if any, may be allocated at the discretion of the developer. All affordable housing units shall be developed pursuant to § 50-105 of Chapter 150 of the Borough Code, and shall comply with the Uniform Housing Affordability Controls (UHAC), N.J.A.C.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.