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    Property profile & analytics

    2016 Rte 37 Manchester, NJ 08759-5645

    • Hotels
    • 21,404 SF
    • 2.32 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 11, 2025
    Location Intelligence
    Property ID
    US59-1682809
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hotels

    Property Details for 2016 Rte 37

    Year built
    1992
    Construction
    FRAME
    Lot size
    2.32 lot acres
    Property size
    21,404 SF
    Zone code
    HD-3
    Property type
    Hotels
    APN
    19 00043- 04-00013
    APU
    19000430400013

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2804
    Latitude
    39.9974
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $52,127
    $556,800
    $1,680,400
    $2,237,200
    -
    $556,800
    $1,680,400
    $2,237,200

    Comparable in this City

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      12,705 SF

      421 Lacey Rd

      COMMERCIAL (GENERAL) • 12,705 SF
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      3,166 SF

      450 Lacey Rd

      COMMERCIAL (GENERAL) • 3,166 SF
      450 Lacey Rd, Whiting, NJ 08759-1305
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    • Value Estimation by Request
      1,400 SF

      3614 Ridgeway Rd

      MOBILE HOME PARK, TRAILER PARK • 1,400 SF
      3614 Ridgeway Rd, Manchester, NJ 08759-5419
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      14,490 SF

      500 County Rd

      Individual retail properties • 14,490 SF
      500 County Rd, Manchester Township, NJ 08759
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    • Value Estimation
      $7,560,000
      4,316 SF

      2590 Ridgeway Blvd

      INDUSTRIAL (GENERAL) • 4,316 SF
      2590 Ridgeway Blvd, Manchester, NJ 08759-5701
      View Details

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    Property Visit Statistics

    • Visits by month
      894
    • Visitors by month
      944
    • Avg Time on site
      424 min
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    2016 Rte 37
    Manchester, NJ 08759-5645
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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