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Property profile & analytics
FOR LEASE
Commercial real estate

19 Carr Ave Keansburg, NJ 07734

17,386 SF 0.29 ac lot Built 1938
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-1696678
Property summary
AI-generated overview

This exceptional Class A retail opportunity is located at 19 Carr Ave in Keansburg, NJ, within the burgeoning Baypoint development (baypointnj.com). This five-story building, completed in 2024, offers a total of 35,000 square feet of commercial space, with five individual units currently available. Each unit ranges in size from 1,375 to 3,300 square feet, providing flexibility for various retail and restaurant concepts. The property is situated in Monmouth County, zip code 07734, and benefits from its location within a rapidly growing community. Baypoint is experiencing significant residential growth, with over 700 residential units currently under development, ensuring a substantial and expanding customer base for businesses located within the development. The landlord is open to dividing the available space to accommodate the specific needs of prospective tenants. This presents a unique chance to establish a presence in a thriving, upscale residential area, poised for continued expansion and success. The property's prime location and modern construction make it an ideal investment for businesses seeking high visibility and access to a large, affluent population. Contact for details and availability.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1938
Construction CONCRETE BLOCKS
Total area 17,386 SF
Lot 0.29 ac (12,500 SF)
Zoning code 118
APN 23 00011-0000-00004
UPID US59-1696678
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
$1.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$965k
Owner & transaction history
19 Carr Urban Renewal LLC · 4 yrs held
19 Carr Urban Renewal LLC
since 2021
Last sale
$900,000
7 recorded transactions
2021
$900,000
2021
$565,000
2019
Price N/A
2015
Price N/A
2014
$175,000
2012
Price N/A
2006
$475,000
Zoning & alternative use
118 · Keansburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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