Financial
Distress signals
Property profile

197 Princeton Ave Brick, NJ 08724

OFF-MARKET
Commercial real estate
Property ID
US59-0346402
1,401 SF 9.08 ac lot Built 1965
Last sale Oct 2001 · $1,099,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional waterfront property, located at 197 Princeton Avenue in Brick Township, NJ (08724), presents a unique investment opportunity. Spanning over 9 acres on the north side of the Metedeconk River, near Barnegat Bay, this established marina boasts over 200 boat slips and 15 jet ski ports. The property includes two travel lifts (40-ton and 15-ton capacity) and extensive yard equipment. Amenities for boat owners include dockside water and electric hookups, a picturesque treed and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$110k
Tax billed · 2022
Assessed value · 2023$4.52M
Assessed land$3.33M
Assessed improvement$1.19M
Effective rate2.44%

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$550k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$186 – $360
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R15
JurisdictionOCEAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency34.3
Restaurant27.2
Building Supply26.4

Location

197 Princeton Ave Brick, NJ 08724-4300
County assessor Recorded deeds · 6 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Midstreams, Brick, NJ 08724-3730 $550,000 Feb 2026 2,172 SF
1480 Rte 88, Brick, NJ 08724-2369 $325,000 Jun 2025 1,225 SF
2236 Rte 88, Brick, NJ 08724-3230 $23,100 Oct 2024 962 SF
2004 Rte 88, Brick, NJ 08724-3226 $425,000 Mar 2024 1,152 SF
120 Jack Martin, Brick, NJ 08724-7709 $1,000,000 Jan 2024 2,814 SF
1696 Rte 88, Brick, NJ 08724-3030 $660,000 Aug 2023 2,856 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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