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    Property profile & analytics

    1608 Rte 88 Brick, NJ 08724-3009

    • Office Properties & Spaces
    • 2,532 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US59-3112867
    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

    • Anuradha Dronadula - Prudential Financial / Life Insurance Agency / Financial Consultant

    Property Details for 1608 Rte 88

    Lot size
    0.15 lot acres
    Property size
    2,532 SF
    Zone code
    HS
    Property type
    Office Properties & Spaces
    APN
    07 01170-0000-00019- 01-C111
    APU
    070117000000001901C111

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $375,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $430,000
      Mixed-Use
      $370,000
      Hospitality
      $360,000
      Educational
      $415,000
      Residential Income
      $460,000
      Energy
      $400,000
      Income-Based Land
      $355,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Brick
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.1349
    Latitude
    40.0775
    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
    $13,648
    $253,200
    $305,900
    $559,100
    -
    $253,200
    $305,900
    $559,100

    Comparable in this City

    • Value Estimation
      $555,000
      2,222 SF

      457 Jack Martin Blvd, Unit 201

      CONDOMINIUM OFFICES • 2,222 SF
      457 Jack Martin Blvd, Brick, NJ 08724-7776
      View Details
    • Value Estimation
      $345,000
      6.30 Acres

      495 Jack Martin Blvd Ste, Unit 6

      CONDOMINIUM OFFICES • 6.30 Acres
      495 Jack Martin Blvd Ste, Brick, NJ 08724-7778
      View Details
    • Value Estimation
      $260,000
      2,472 SF

      198 Jack Martin Blvd

      CONDOMINIUM OFFICES • 2,472 SF
      198 Jack Martin Blvd, Brick, NJ 08724-7769
      View Details
    • Value Estimation
      $330,000
      1.34 Acres

      1608 Rte 88

      CONDOMINIUM OFFICES • 1.34 Acres
      1608 Rte 88, Brick, NJ 08724-3009
      View Details
    • Value Estimation
      $345,000
      1.34 Acres

      1608 Rte 88

      CONDOMINIUM OFFICES • 1.34 Acres
      1608 Rte 88, Brick, NJ 08724-3009
      View Details
    • Value Estimation by Request
      3.25 Acres

      2125 Rte 88th, Unit 2

      CONDOMINIUM OFFICES • 3.25 Acres
      2125 Rte 88th, Brick, NJ 08724-3273
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      1,666 SF

      Retail/Office Space in Brick Township

      Retail or office space in a busy Brick Township complex.
      101 Prosper Way, Brick, NJ 08724
      View Details
    • Contact for pricing

      Prime Retail Space on Route 88

      Highly visible 1,450 SF retail space, ideal for food-related businesses.
      1779 Route 88, Brick, NJ 08724
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Brick, NJ

      Retail space available for lease in Brick, New Jersey.
      46 Princeton Ave, Brick, NJ 08724
      View Details
    • Contact for pricing
      43,560 SF

      Commercial Land on Route 88

      Land for lease on corner lot with high traffic volume.
      2000 Route 88, Brick, NJ 08724
      View Details
    • Contact for pricing
      11,095 SF

      Retail Space with Drive-Thru

      Retail space with drive-thru opportunity near Garden State Parkway.
      1041 Burnt Tavern Rd, Brick, NJ 08724
      View Details
    • Contact for pricing
      15,760 SF

      Warehouse and Outside Storage Available

      Warehouse space and outside storage for lease in Brick, NJ.
      975 Burnt Tavern Road Ext, Brick, NJ 08724
      View Details
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    Brick, NJ 08724-3009
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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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