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Property profile & analytics
OFF-MARKET Estimated value $1,020,000
Commercial real estate

432 1st Ave Manasquan, NJ 08736

988 SF 0.06 ac lot Built 1937
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-0141532
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire the renowned Carlson's Corner in the vibrant coastal town of Manasquan, New Jersey. Situated directly across from the Manasquan Inlet and at the gateway to the beach, this location boasts unparalleled visibility and foot traffic. The sale encompasses the entire real estate, the established business, and all associated equipment, offering a truly turnkey operation. This is an ideal investment for an entrepreneur seeking a well-established, high-traffic business in a prime location. The property's beachfront proximity guarantees a steady stream of customers throughout the year, particularly during peak tourist seasons. The existing business infrastructure is fully operational and ready for immediate use, minimizing the need for significant upfront investment. This presents a unique chance to step into a successful enterprise with established clientele and a proven track record. The property's strategic location at the entrance to the beach ensures maximum exposure to both local residents and tourists alike. This is a remarkable opportunity to own a piece of Manasquan's iconic coastal landscape and a thriving business within it. The sale includes all necessary equipment for continued operation, allowing for a seamless transition and immediate revenue generation. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1937
Construction FRAME
Total area 988 SF
Lot 0.06 ac (2,539 SF)
Zoning code B1R4
APN 29 00187-0000-00025- 01
UPID US59-0141532
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
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.02M
Owner & transaction history
Carlsons Corner LLC · 1 yrs held
Carlsons Corner LLC
since 2025
Last sale
$999,999
4 recorded transactions
2025
$1.1M
2022
$999,999
2017
Price N/A
1969
Price N/A
Zoning & alternative use
B1R4 · Manasquan, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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