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Property profile & analytics
FOR SALE
Commercial real estate

401 Richmond Ave Point Pleasant Beach, NJ 08742

0.34 ac lot
Individually Owned 11-yr Hold Free & Clear
Property ID
US59-0830960
Property summary
AI-generated overview

This exceptional 3,378 square foot storefront, located at 401 Richmond Ave in Point Pleasant Beach, NJ 08742, presents a unique investment opportunity. Situated on a 0.34-acre lot, this single-story building boasts General Commercial (GC) zoning, allowing for diverse commercial uses. Constructed in 1990 and extensively renovated, the property features high ceilings – 13 feet in the front two bays and 16 feet in the side bays – providing ample space and flexibility. The building includes two 9.83'H x 9.83'W garage doors in the front bays and one oversized 14'H x 12'W garage door in the side bay, ideal for various business needs. The 2024 real estate taxes are $14,994. This property's strategic location and versatile design make it an attractive option for a wide range of commercial ventures. The asking price is $1,300,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 0.34 ac (14,896 SF)
Zoning code GC
APN 26 00093-0000-00011
UPID US59-0830960
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rosemarie Vuocolo · 11 yrs held
Rosemarie Vuocolo
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
GC · Point Pleasant Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The requirements of the underlying GC and HC zoning districts shall apply unless otherwise authorized herein. 2. The first floor uses shall be retail or restaurant or uses that otherwise activate the street. Uses on upper floors shall be as permitted in the applicable GC or HC Zoning District. 3. Must comply with the Overlay District regulations and design g…

Zone name General Commercial
General category COMMERCIAL
Zone area 36.27 ac
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