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    Property profile & analytics

    2424 Brg Ave Ste, Unit 5 Point Pleasant Boro, NJ 08742-4325

    • Office Properties & Spaces
    • 1,692 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US59-1119039
    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

    • Office Properties & Spaces

    Property Details for 2424 Brg Ave Ste

    Year built
    1974
    Lot size
    0.11 lot acres
    Property size
    1,692 SF
    Zone code
    CM
    Property type
    Office Properties & Spaces
    APN
    25 00315-0000-00008- 05
    APU
    250031500000000805

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $325,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $350,000
      Mixed-Use
      $340,000
      Hospitality
      $290,000
      Educational
      $305,000
      Residential Income
      $325,000
      Energy
      $345,000
      Income-Based Land
      $275,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Point Pleasant Boro
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.0758
    Latitude
    40.073
    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
    2022
    $4,963
    $50,000
    $181,800
    $231,800
    -
    $50,000
    $181,800
    $231,800

    Comparable in this City

    • Value Estimation
      $1,495,000
      1,960 SF

      516 Bay Aveunit2

      CONDOMINIUM OFFICES • 1,960 SF
      516 Bay Aveunit2, Point Pleasant Boro, NJ 08742-2554
      View Details
    • Value Estimation
      $250,000
      833 SF

      2911 Rte 88th 3rd Ste, Unit 3

      CONDOMINIUM OFFICES • 833 SF
      2911 Rte 88th 3rd Ste, Point Pleasant Boro, NJ 08742-2871
      View Details
    • Value Estimation
      $205,000
      828 SF

      2424 Brg Ave Ste, Unit 1

      CONDOMINIUM OFFICES • 828 SF
      2424 Brg Ave Ste, Point Pleasant Boro, NJ 08742-4324
      View Details
    • Value Estimation
      $240,000
      1,176 SF

      2911 Rte 88th 2nd Ste, Unit 2

      CONDOMINIUM OFFICES • 1,176 SF
      2911 Rte 88th 2nd Ste, Point Pleasant Boro, NJ 08742-2871
      View Details
    • Value Estimation
      $320,000
      598 SF

      2424 Brg Ave Ste, Unit 2

      CONDOMINIUM OFFICES • 598 SF
      2424 Brg Ave Ste, Point Pleasant Boro, NJ 08742-4324
      View Details
    • Value Estimation
      $260,000
      1,692 SF

      2424 Brg Ave Ste, Unit 3

      CONDOMINIUM OFFICES • 1,692 SF
      2424 Brg Ave Ste, Point Pleasant Boro, NJ 08742-4324
      View Details

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    Similar Nearby for Lease

    • $216 SF/Yr
      15,312 SF

      Point Pleasant Office/Warehouse Space

      1,674 SF Office/Flex/Warehouse Available
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      View Details
    • $1,900 /Mo
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      High-visibility corner location suitable for office or retail use.
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      View Details
    • $1,100 /Mo

      Point Pleasant Beach Office Space

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    • Contact for pricing
      800 SF

      Point Pleasant Beach Office Space

      Professional office space with highway visibility and dedicated parking.
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    • $14 SF/Yr
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      Point Pleasant Boro Office Space

      Office space available for lease in Point Pleasant Boro.
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      View Details
    • Contact for pricing

      Point Pleasant Retail/Office Space

      Recently renovated retail/office space available for lease in Point Pleasant.
      2803 Bridge Ave, Point Pleasant Beach, NJ 08742
      View Details
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    Point Pleasant Boro, NJ 08742-4325
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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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