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    Property profile & analytics

    245 Hickory Ln Bayville, NJ 08721-2253

    • Industrial properties
    • 20,798 SF
    • 1.84 lot acres
    OFF-MARKET
    Value Estimation
    $705,000
    Location Intelligence
    Property ID
    US59-1219125
    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

    • Zone 2 Inc / Screen Printer
    • Silk Screen Express / Screen Printing Shop / Embroidery Shop
    • E-Tec Marine Products Inc / Boat Dealer
    • Stone N Counters South LLC / Countertop Store / Bathroom Remodeler

    Property Details for 245 Hickory Ln

    Year built
    1995
    Construction
    METAL FRAME
    Lot size
    1.84 lot acres
    Property size
    20,798 SF
    Zone code
    LI
    Property type
    Industrial properties
    APN
    06 00615-0000-00001- 01
    APU
    60061500000000101

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $730,000

    • CAP approach

      CAP return
      Estimation
      6%
      $675,000
      6.5%
      $665,000
      7%
      $755,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $665,000
      Geo Method
      $755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $605,000
      Retail
      $710,000
      Mixed-Use
      $720,000
      Hospitality
      $605,000
      Educational
      $675,000
      Residential Income
      $695,000
      Energy
      $825,000
      Income-Based Land
      $790,000
      Food Service
      $810,000

    Location Insight

    • Map
    • Local Demand
    City
    Bayville
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.1754
    Latitude
    39.9096
    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
    $23,344
    $322,000
    $703,200
    $1,025,200
    -
    $322,000
    $703,200
    $1,025,200

    Comparable in this City

    • Value Estimation
      $3,840,000
      28,160 SF

      4 Helmly St

      INDUSTRIAL (GENERAL) • 28,160 SF
      4 Helmly St, Bayville, NJ 08721-2188
      View Details
    • Value Estimation by Request

      857 Atlantic City Blvd

      INDUSTRIAL (GENERAL)
      857 Atlantic City Blvd, Bayville, NJ 08721
      View Details
    • Value Estimation
      $790,000
      11,250 SF

      Wheaton Ave

      INDUSTRIAL (GENERAL) • 11,250 SF
      Wheaton Ave, Bayville, NJ 08721
      View Details
    • Value Estimation by Request
      3.64 Acres

      198 Hilton Ave

      INDUSTRIAL (GENERAL) • 3.64 Acres
      198 Hilton Ave, Bayville, NJ 08721-2136
      View Details
    • Value Estimation
      $430,000
      6,000 SF

      16 Butler Blvd

      INDUSTRIAL (GENERAL) • 6,000 SF
      16 Butler Blvd, Bayville, NJ 08721-3002
      View Details
    • Value Estimation by Request
      45.00 Acres

      8 Segal Ave

      INDUSTRIAL (GENERAL) • 45.00 Acres
      8 Segal Ave, Bayville, NJ 08721
      View Details

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    Similar Nearby for Lease

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      Recently updated office space suitable for dental, medical, or office use.
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    • Contact for pricing
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      Office space in professional building with highway exposure for rent.
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      View Details
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    245 Hickory Ln
    Bayville, NJ 08721-2253
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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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