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Property profile

216 Ocean Ave Point Pleasant, NJ 08742

FOR SALE
Commercial real estate
Property ID
US59-1973488
484 SF 0.05 ac lot Built 1930
Last sale Nov 2025 · $445,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$336k
Assessed land$312k
Assessed improvement$25k
Effective rate1.62%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$505
Operating expenses−$2k
NOI · 1.03% cap applied$5k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$276/SF
ZIP average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$179 – $369
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.03%
$5k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RR1
JurisdictionOCEAN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.0
Pharmacy11.2
Accounting Firm10.0

Location

216 Ocean Ave Point Pleasant, NJ 08742
County assessor Recorded deeds · 3 transfers 3 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
655 Rte 88, Point Pleasant Boro, NJ 08742-4056 $2,700,000 Dec 2024 1,644 SF
2230 Taylor, Point Pleasant Beach, NJ 08742 $210,000 Sep 2023 1,100 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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