Property profile

2609 Long Bch Blvd Long Beach Township, NJ 08008

OFF-MARKET
Other commercial real estate
Property ID
US59-0040998
3,656 SF 0.29 ac lot Built 1955
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Commercial mixed-use property located in Spray Beach, Long Beach Township, NJ, on a 0.29-acre lot. The site is zoned for both commercial and residential use and is configured as a multi-unit property consisting of Unit 1 (Spray Beach Bagel & Grill), Unit 2 (residential apartment), and Unit 3 (a Cape Cod home), with the overall property in a high-traffic corner location and providing off-street parking. Unit 1 includes the commercial space and is equipped with a large prep kitchen and an approximately 800-square-foot walk-in refrigeration box; the setup includes outdoor seating for the business and a private backyard for the associated house rental, and previously operated as a breakfast and lunch food service with catering components and potential for evening service use. Unit 2 is an approximately 800-square-foot, 1-bedroom, 1-bath apartment located above the shop, featuring an open floor plan, cathedral ceilings, and abundant natural light. Unit 3 is an approximately 2,200-square-foot, 4-bedroom, 2.5-bath Cape Cod home with a spacious floor plan, a gourmet kitchen with granite countertops and stainless appliances, hardwood floors, air conditioning, and hot-water baseboard heat, along with an oversized fenced backyard and an outdoor shower. The property is within walking distance of the beach, bay, and local Spray Beach/Beach Haven attractions.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Construction FRAME
Total area 3,656 SF
Lot 0.29 ac (12,462 SF)
Zoning code C
APN 18 00005- 27-00001
UPID US59-0040998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Bakery

Location

2609 Long Bch Blvd Long Beach Township, NJ 08008-2546
Long Beach Township metro Census 738001 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.37M

Owner & transaction history

since 2021
Last sale
$1.2M
7 recorded transactions
2021
$1.2M
2008
Price N/A
2006
$1.3M
2002
$562,000
1998
$282,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Long Beach Township, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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