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Property profile & analytics
OFF-MARKET Estimated value $610,000
Commercial real estate

408 Broadway Barnegat Light, NJ 08006-1584

0.29 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-1387662
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.29 ac (12,500 SF)
Zoning code G-B
APN 02 00008-0000-00029- 01
UPID US59-1387662
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
Current use
Occupant on record · Public records
  • La Riva Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k
Owner & transaction history
408 Broadway Holdings LLC · 5 yrs held
408 Broadway Holdings LLC
since 2021
Last sale
$560,000
4 recorded transactions
2022
Price N/A
2021
$560,000
2015
Price N/A
2013
$387,500
Zoning & alternative use
G-B · Barnegat Light, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

G-B General Business Zone. Uses and buildings permitted. The following uses and buildings shall be permitted in the G-B Zone: All uses and buildings permitted in the R-B zone, subject, however, to the regulations and requirements for such uses in the R-B Zone, except as may be hereinbelow modified. Any retail shopping facility or service establishment which…

Zone name General Business
General category COMMERCIAL
Zone area 34.15 ac
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