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Property profile & analytics
FOR SALE
Commercial real estate

369 Carr Ave Keansburg, NJ 07734

2,944 SF 0.14 ac lot Built 1945
Entity Owned 6-yr Hold Free & Clear
Property ID
US59-0011828
Property summary
AI-generated overview

This exceptional 2,000-square-foot commercial property at 369 Carr Ave, Keansburg, NJ 07734, presents a unique investment opportunity. Built in 1945, this single-tenant building boasts a spacious, open floor plan ideal for various retail or office uses. The property features engineered hardwood floors, two storage rooms, a bathroom, a slop sink, and ample closet space. Benefit from excellent natural light provided by two large windows and efficient fluorescent lighting. Additional features include an 8-foot ceiling height with ceiling tiles, cement flooring in storage areas, and a convenient back door leading to a cement patio. The property includes four parking spaces. Located in Keansburg's revitalization zone, it enjoys close proximity to Borough Hall, the Police Department, and numerous retail businesses and restaurants. Its strategic location offers easy access to the Garden State Parkway (GSP), the Sea Streak Ferry, and the NJ Coastline train, providing convenient commuting options to New York City and surrounding areas, including Middletown and Red Bank. The property is immediately available. Note that the tenant is responsible for obtaining a Certificate of Occupancy (CCO), securing necessary permissions from Keansburg Township, and covering trash removal, snow removal, utilities, electricity, and gas. The monthly rent is $2,200. The APN is 23-00158000000011. Zoning is Commercial.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1945
Construction FRAME
Total area 2,944 SF
Lot 0.14 ac (6,250 SF)
Zoning code B-1
APN 23 00158-0000-00011
UPID US59-0011828
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bbs 369 Carr LLC · 6 yrs held
Bbs 369 Carr LLC
since 2020
Last sale
$220,000
2 recorded transactions
2020
$220,000
2005
$315,000
Zoning & alternative use
B-1 · Keansburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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