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Property profile & analytics

314-316 Main St, Unit 316 Allenhurst, NJ 07711-1038

  • Commercial real estate
  • 1,623 SF
  • 0.08 lot acres
OFF-MARKET
Last Sale
Aug 06, 2024
$360,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-1161809
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

  • Commercial real estate

Property Details for 314-316 Main St

Year built
1925
Construction
FRAME
Lot size
0.08 lot acres
Property size
1,623 SF
Zone code
6455
Property type
Commercial real estate
APN
02 00014-0000-00015
APU
200014000000015

Description

This exceptional offering presents a rare opportunity to acquire two adjacent commercial properties situated at 314-316 and 312 Main Street in the desirable Allenhurst, NJ. The combined properties encompass a substantial 1,623 square feet situated on a 0.08-acre lot. This prime location boasts high visibility and traffic volume, placing your business in the heart of a thriving commercial district. One building, located at 312 Main Street, is currently configured as a restaurant, benefiting from its established infrastructure and immediate operational potential. Its proximity to the beach and convenient access to major roadways like Route 18 and 35 ensures exceptional accessibility for both customers and employees. The strategic positioning within a well-established commercial area, surrounded by numerous successful businesses, provides an ideal environment for a variety of commercial ventures. The combined properties offer significant potential for expansion, redevelopment, or continued operation as existing businesses. The asking price for this unique dual-property investment is $999,000. This presents a compelling opportunity to establish a strong foothold in a highly sought-after Allenhurst commercial corridor. The properties are being sold together as a single unit.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Allenhurst
County
Monmouth
State
New Jersey
Longitude
-74.0061
Latitude
40.2363
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
$4,143
$649,700
$66,000
$715,700
-
$649,700
$66,000
$715,700
More about this property
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