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    OFF-MARKET
    Commercial real estate

    229 Route 72, Barnegat Township, NJ 08005

    20.04 ac lot
    Individually Owned 1-yr Hold
    Property ID
    US59-1158445
    Property summary
    AI-generated overview

    This exceptional 20.04-acre commercial land parcel presents a remarkable investment opportunity in Barnegat Township, New Jersey. Strategically located on Route 72, this property boasts high visibility and accessibility, making it ideal for a wide range of commercial ventures. The zoning designation is CPHD/P, offering flexibility for various development plans. The expansive lot size provides ample space for substantial construction or expansion projects. Detailed site plans and zoning information are readily available upon request. The property's location on a major thoroughfare ensures significant traffic exposure, a key advantage for businesses seeking high visibility. With a 2024 tax assessment of $6,410, this property offers a compelling combination of size, location, and affordability. The property is identified as Block 81, Lot 12 within Ocean County. This is a rare opportunity to acquire a significant commercial land holding in a thriving New Jersey market. Serious inquiries are encouraged to explore the full potential of this prime location. Further details regarding permitted uses under the CPHD/P zoning are available through the appropriate municipal channels. Don't miss this chance to secure a valuable asset in a high-demand area. The asking price is $99,900.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 20.04 ac (872,942 SF)
    UPID US59-1158445
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Richard Schmidt · 1 yrs held
    Richard Schmidt
    since 2025
    1 recorded transaction
    2025
    $75,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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