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Property profile

231 Atlantic City Blvd Bayville, NJ 08721

FOR LEASE
Other commercial real estate
Property ID
US59-1343047
1,440 SF 1.94 ac lot Built 1960
Last sale Dec 2017 · $450,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office property in Bayville, New Jersey is situated on Route 9 at a major traffic-light intersection, with a WaWa convenience store across the street. The building site covers 1.94 acres and the available interior area is approximately 600 square feet. The space is configured as two separate rooms, each with its own exterior access door, along with a small bathroom and a small kitchenette. The office includes multiple windows and provides convenient on-site parking.

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?
$14k
Tax billed · 2022
Assessed value · 2023$622k
Assessed land$331k
Assessed improvement$290k
Effective rate2.28%

Value estimate

· Oct 2026
$245k
$221k – $270k
AI approach$400k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$14k
Operating expenses−$7k
NOI · 2,754.00% cap applied$22k

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

Recently sold

What actually traded nearby?
$338/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$153 – $576
Qualifying comparables8

Cap rate analysis

How does the asset earn?
2,754.00%
$22k 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?
HB
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 agency32.9
Law Firm25.2
Wholesale Shop22.2

Location

231 Atlantic City Blvd Bayville, NJ 08721
County assessor Recorded deeds · 2 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
761 Atlantic City, Bayville, NJ 08721-2538 $400,000 Oct 2024 1,558 SF
1052 Atlantic City, Bayville, NJ 08721-3565 $5,900,000 Dec 2023 1,490 SF
561 Atlantic City, Bayville, NJ 08721-2010 $375,000 Oct 2022 1,392 SF
759 Atlantic City, Bayville, NJ 08721-2538 $415,000 Oct 2022 1,536 SF
37 Locker, Bayville, NJ 08721-1244 $915,000 Aug 2022 1,412 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

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