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Property profile & analytics
OFF-MARKET Estimated value $4,385,000
Commercial real estate

171 Main St 199 Keansburg, NJ 07734-1732

24,000 SF 1.77 ac lot Built 2006
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US59-0273518
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Construction CONCRETE BLOCKS
Total area 24,000 SF
Lot 1.77 ac (77,280 SF)
Zoning code RMF
APN 23 00094-0000-00054- 01
UPID US59-0273518
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
$4.34M
CAP Approach CAP
$4.99M
Comparable Approach Comparable
$4.35M
Blend (final) Blend
$4.39M
Owner & transaction history
Bb 199 Main LLC · 6 yrs held
Bb 199 Main LLC
since 2020
Last sale
$3.5M
3 recorded transactions
2020
$3.5M
2000
$75,000
1969
Price N/A
Zoning & alternative use
RMF · Keansburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RMF Multi-Family Residential Zone District RSC Senior Citizen Residential Zone District B-1 General Commercial Zone District B-2 Mixed Use Commercial and Residential Zone District B-3 Highway Commercial Zone District LI Light Industrial Zone District CR Conservation Recreation Overlay District b. The regulations set forth in this Chapter for each district sh…

Zone name Residential Multifamily
General category RESIDENTIAL
Zone area 14.18 ac
Top alternative use upside
Apartment house (5+ units) $6.3M +83.8%
Office building $5.9M +71.5%
Industrial (general) $4.9M +43.3%
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