Property profile

516 Duquesne Blvd Brick, NJ 08723

FOR SALE
Commercial real estate
Property ID
US59-0771423
3,849 SF 0.52 ac lot
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,090 square foot office building presents a remarkable investment opportunity in Brick, NJ. Recently renovated and updated, this turnkey property boasts a modern, neutral interior ideal for immediate occupancy. The layout includes four bathrooms, a welcoming reception area, multiple private offices, expansive open workspaces, and ample storage. Natural light floods the large rooms, creating a pleasant and productive atmosphere. A convenient kitchen and break room are also included. The building features five entrances for optimal accessibility and flow. With 23 parking spaces, ample parking is guaranteed for employees and clients. The strategic location on Duquesne Boulevard offers excellent visibility and convenient access to major thoroughfares, including Route 70, Brick Boulevard, Hooper Avenue, and the Garden State Parkway, ensuring easy commutes and high traffic exposure. The 0.52-acre lot provides ample space and potential for future expansion. This property is ready for immediate use and represents a strong return on investment. The asking price is $2,800,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 3,849 SF
Lot 0.52 ac (22,500 SF)
Zoning code R75
APN 07 00446- 04-00007
UPID US59-0771423

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

516 Duquesne Blvd Brick, NJ 08723
Brick metro Census 714000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$685k
Comparable Approach Comparable
$319k
Blend (final) Blend
$310k

Owner & transaction history

since 2016
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
$530,000
2016
$676,800
2010
$752,000
2004
$1
1969
Price N/A

Zoning & alternative use

R75 · Brick, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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