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    Property profile & analytics

    163 Rte 50 Ocean View, NJ 08230-1202

    • Office buildings
    • 1.55 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US59-1580465
    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

    • Office buildings

    Property Details for 163 Rte 50

    Lot size
    1.55 lot acres
    Zone code
    CM2
    Property type
    Office buildings
    APN
    11 00548-0000-00006- 01
    APU
    110054800000000601

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $315,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $270,000
      Mixed-Use
      $295,000
      Hospitality
      $250,000
      Educational
      $290,000
      Residential Income
      $330,000
      Energy
      $310,000
      Income-Based Land
      $270,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Ocean View
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.7073
    Latitude
    39.2325
    CBSA code
    36140
    CBSA name
    OCEAN CITY, NJ 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
    $5,859
    $110,000
    $167,800
    $277,800
    -
    $110,000
    $167,800
    $277,800

    Comparable in this City

    • Value Estimation
      $290,000
      3.70 Acres

      375 Woodbine Ocean Vw Rd

      OFFICE BUILDING • 3.70 Acres
      375 Woodbine Ocean Vw Rd, Ocean View, NJ 08230-1085
      View Details
    • Value Estimation
      $255,000
      4.00 Acres

      1280 Stagecoach Rd

      OFFICE BUILDING • 4.00 Acres
      1280 Stagecoach Rd, Ocean View, NJ 08230-1428
      View Details
    • Value Estimation
      $245,000
      0.87 Acres

      14 Rte 50

      OFFICE BUILDING • 0.87 Acres
      14 Rte 50, Ocean View, NJ 08230-1137
      View Details
    • Value Estimation
      $330,000
      100 SF

      3 Harrys Ct

      OFFICE BUILDING • 100 SF
      3 Harrys Ct, Ocean View, NJ 08230-1393
      View Details
    • Value Estimation
      $295,000
      2,470 SF

      5 Cambridge Dr

      OFFICE BUILDING • 2,470 SF
      5 Cambridge Dr, Ocean View, NJ 08230-1228
      View Details
    • Value Estimation by Request
      7,200 SF

      40 Butter Rd

      Distribution properties • 7,200 SF
      40 Butter Rd, Upper Township, NJ 08230
      View Details

    Similar Nearby for Sale

    • $795,000
      1.90 Acres

      Upper Township Warehouse and Office

      8,000 SF warehouse and office on 1.9 acres.
      40 Butter Rd, Ocean View, NJ 08230
      View Details
    • $269,000

      Residential Land in Seaville, NJ

      Land for sale in a desirable Seaville neighborhood.
      15 Clayton Dr, Seaville, NJ 08230
      View Details
    • $150,000

      Residential Vacant Lot For Sale

      Buildable lot with permits in Ocean View, New Jersey.
      18 Corson Ln, Ocean View, NJ 08230
      View Details
    • New
      $2,500,000

      Established Business on Sea Isle Blvd

      Profitable business and high-visibility commercial property in Cape May County.
      556 Sea Isle Blvd, Ocean View, NJ 08230
      View Details
    • $299,900
      7,200 SF

      Prime Upper Township Warehouse

      7,200 SF Warehouse on 1.9 Acres
      40 Butter Rd, Upper Township, NJ 08230
      View Details
    • $359,900

      Multi-Use Commercial Property on Route 50

      Highly visible commercial property with residential and retail use.
      151 Route 50, Ocean View, NJ 08230
      View Details
    Request Owner's contact information
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    163 Rte 50
    Ocean View, NJ 08230-1202
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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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