Property profile

387 Main St Retail West Creek, NJ 08092

FOR LEASE
Other commercial real estate
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Property ID
US59-0551099
1,937 SF 0.66 ac Built 1920
Last sale Oct 2013·$250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This is a single storefront commercial property configured for retail and/or small professional office use. The parcel contains approximately 0.66 acres and is situated on Route 9. The property includes an approximately 850 sq. ft. building and an additional shed with electric service. Historically, the space has been used as a bait and tackle shop, and the layout is suitable for other small retail and office-oriented concepts such as a salon, florist, gift shop, bakery, takeout food service, or similar professional uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value · 2023$317k
Assessed land$129k
Assessed improvement$188k
Effective rate2.67%

Value estimate

· Nov 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 638.53% cap applied$12k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$288/SF
County average, outlier-cleaned · 852 recorded sales of this use type
Observed band · Q1–Q3$171 – $442
Qualifying comparables11

Cap rate analysis

How does the asset earn?
638.53%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
JurisdictionOCEAN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.0
HVAC Service8.6
Tailor Shop8.5

Location

387 Main St, Unit Retail West Creek, NJ 08092
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Main, West Creek, NJ 08092-9613 $587,500 Dec 2025 1,352 SF
194 Rte 9th, West Creek, NJ 08092-1101 $355,000 May 2022 1,584 SF
415 Main, West Creek, NJ 08092-9601 $160,000 Mar 2022 1,508 SF
911 Main, West Creek, NJ 08092-3116 $600,000 Jan 2022 2,800 SF
430 Main, West Creek, NJ 08092-3209 $275,000 Jun 2021 1,548 SF
471 Main, West Creek, NJ 08092-3206 $230,000 Apr 2021 1,482 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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