19 Main Ave Ocean Grove, NJ 07756-1323
- Commercial real estate
- 7,092 SF
- 0.11 lot acres
Current Use by Public Records
- The Majestic Hotel / Hotel / American Restaurant
- The Dining Room at The Majestic / American Restaurant / Restaurant
- Bia European Bistro / European Restaurant
Property Details for 19 Main Ave
- Year built
- 1890
- Lot size
- 0.11 lot acres
- Property size
- 7,092 SF
- Zone code
- HD1F
- Property type
- Commercial real estate
- APN
- 35 00166-0000-00002
- APU
- 3500166000000002
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,605,000
- 6.5%
- $3,755,000
- 7%
- $3,300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,010,000
- Geo Method
- $3,520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,500,000
- Retail
- $3,355,000
- Mixed-Use
- $3,165,000
- Hospitality
- $3,515,000
- Educational
- $3,130,000
- Residential Income
- $2,990,000
- Energy
- $3,430,000
- Income-Based Land
- $3,480,000
- Food Service
- $2,860,000
Location Insight
- Map
- Local Demand
- City
- Ocean Grove
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.0046
- Latitude
- 40.2119
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA