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    32 Bay Ave Manahawkin, NJ 08050-3174
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    Property profile & analytics

    32 Bay Ave, Manahawkin, NJ 08050-3174

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    • Commercial real estate
    • 3,282 SF
    • 0.60 lot acres
    Off-Market
    Last Sale May 23, 2023
    $680,000
    Property ID
    US59-3070558
    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.

    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    5.5%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 32 Bay Ave

    Construction
    FRAME
    Lot size
    0.60 lot acres
    Zone code
    MU
    Property type
    Commercial real estate
    APN
    31 00232-0000-00004- 01
    APU
    310023200000000401

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 6, 2023 $680,000 Krishna Realty Investments LLC Nicks Horizon Realty Corp Re-recorded Document · related $442k · Unity Bank
    May 23, 2023 $680,000 Krishna Realty Investments LLC Nicks Horizon Realty Corp Deed $442k · Unity Bank
    Dec 23, 2003 — Nicks Horizon Realty Corp Nicks Horizon Realty Corp Quit Claim Deed · related —
    Apr 21, 2003 $350,000 Nicks Horizon Diner Corp Saropoulos,christos & Dorothy N Grant Deed $585k · Allaire Community Bank
    Sep 12, 1991 $205,000 Christos Saropoulos Unknown Grant Deed —
    — — Nicks Horizon Realty Corp — Deed Of Trust · related $270k · Allaire Community Bank
    — — Nicks Horizon Realty Corp — Deed Of Trust · related $180k · Allaire Community Bank
    — — Nicks Horizon Realty Corp — Deed Of Trust · related $850k · First Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $685,000
      ML approach
      $675,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $630,000
      6.5%
      $585,000
      7%
      $540,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $911,000
      Market price range: $496k - $1.07M
      AI Estimate
      $580,000
      Market price range: $216k - $707k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $700,000
      Current use
      OFFICE BUILDING
      $780,000
      Change: +11% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Manahawkin
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2578
    Latitude
    39.6951
    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
    $15,614
    $240,100
    $423,200
    $663,300
    -
    $240,100
    $423,200
    $663,300
    More about this property
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