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Property summary
This multi-use property is located in downtown Point Pleasant Beach and is configured with multiple residential units and a retail component. The building contains approximately 1,000+ square feet of retail space and a second-floor apartment with 2 bedrooms and 1 bathroom, accessed via walk-up entry to an additional large attic area. At the rear of the building there is a two-level apartment with 2 bedrooms and 1 bathroom, which includes a front porch. The building has a total size of 3,229 square feet and is zoned General Commercial. Tenant parking is provided at the rear with additional parking available in nearby public lots. The property is positioned for access to Route 35, the train station, and the boardwalk.
Property profile
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Owner & transaction history
Zoning & alternative use
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 uppe…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Point Pleasant Beach market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
GC · Point Pleasant Beach, NJThe 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 uppe…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 uppe…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Point Pleasant Beach, NJ.
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