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    OFF-MARKET
    Commercial real estate

    1630-36 Poplar Rd, Ocean Township, NJ 07712

    5.83 ac lot
    Property ID
    US59-2040436
    Property summary
    AI-generated overview

    This exceptional 5.83-acre parcel in Ocean Township, New Jersey, presents a unique investment opportunity. Located at 1630-1636 Poplar Rd, 07712, this property is zoned R-3, offering considerable development potential for builders and investors. The expansive lot allows for a multitude of possibilities, from a single large estate to a potential multi-unit residential development. Buyers are encouraged to explore the possibilities and confirm permitted uses with the Ocean Township Building and Zoning department. Please note that a portion of the property includes wetlands, and environmental remediation is nearing completion. Prospective buyers are responsible for conducting their own due diligence regarding the property's suitability for their intended use. Access to the property is restricted; unauthorized entry is prohibited. The property extends beyond the chain-link fence on the north and east sides. A confidential agreement is required before any documentation is shared. The asking price for this remarkable property is $1,350,000. This represents a significant price reduction, making it an even more compelling investment.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.83 ac (253,955 SF)
    UPID US59-2040436
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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