Financial
Distress signals
Property profile

3332 Simpson Ave 46 Ocean City, NJ 08226

OFF-MARKET
Other commercial real estate
Property ID
US59-1373933
0.48 ac lot Built 1976
Last sale Jul 2023 · $1,833,333
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an approximately 8,000-square-foot parcel designed for redevelopment with a by-right plan for five units: four townhomes of approximately 1,385 square feet each and one commercial unit of approximately 839 square feet, configured as a mixed-use layout that combines residential units with street-level commercial space. The site includes on-site parking and has a lot size of 0.18 acres. Zoning and permitted uses allow for a mixed-use build with both residential and commercial components.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2023$1.32M
Assessed land$1.25M
Assessed improvement$70k
Effective rate1.03%

Value estimate

· Sep 2026
$1.80M
$1.62M – $1.97M
AI approach$1.74M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$254/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$133 – $395

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NB2
JurisdictionCAPE MAY

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.6
Building Supply10.4
Spa & Massage10.1

Location

3332 Simpson Ave, Unit 46 Ocean City, NJ 08226-2044
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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