Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    600 Main St Bradley Beach, NJ 07720-1052
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    600 Main St Bradley Beach, NJ 07720-1052

    View on Map
    • Commercial real estate
    • 6,600 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Jan 31, 2020
    Property ID
    US59-1113483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,025,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Del Ponte's Coal Fired Pizza / Restaurant
    • Mangiare Tu / Restaurant
    • Del Ponte's Bakery / Bakery / Specialty Food Shop

    Property Details for 600 Main St

    Lot size
    0.15 lot acres
    Property size
    6,600 SF
    Property type
    Commercial real estate
    APN
    08 00044-0000-00024
    APU
    800044000000024

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,485,000
      6.5%
      $1,370,000
      7%
      $1,275,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $798,000
      Market price range: $407k - $1.22M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,625,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bradley Beach
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0176
    Latitude
    40.2032
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $13,491
    $566,400
    $795,100
    $1,361,500
    -
    $566,400
    $795,100
    $1,361,500

    Comparable in this City

    • Value Estimation
      $975,000
      5,540 SF

      710 Main St, Unit 14

      COMMERCIAL (GENERAL) • 5,540 SF
      710 Main St, Bradley Beach, NJ 07720-1013
      View Details
    • Value Estimation
      $570,000
      2,543 SF

      906 Main St

      COMMERCIAL (GENERAL) • 2,543 SF
      906 Main St, Bradley Beach, NJ 07720-1017
      View Details
    • Value Estimation by Request
      0.07 Acres

      3 Main St

      COMMERCIAL (GENERAL) • 0.07 Acres
      3 Main St, Bradley Beach, NJ 07720
      View Details
    • Value Estimation by Request
      2,130 SF

      1115 Main St

      COMMERCIAL (GENERAL) • 2,130 SF
      1115 Main St, Bradley Beach, NJ 07720-1020
      View Details
    • Value Estimation
      $550,000
      2,968 SF

      801 Main St

      COMMERCIAL (GENERAL) • 2,968 SF
      801 Main St, Bradley Beach, NJ 07720-1014
      View Details
    • Value Estimation by Request
      2,426 SF

      130 Main St

      COMMERCIAL (GENERAL) • 2,426 SF
      130 Main St, Bradley Beach, NJ 07720
      View Details

    Similar Nearby for Sale

    • $1,100,000
      Pending

      Versatile Three-Family Property in Bradley Beach

      Three-family property near the ocean and Main Street.
      600 Brinley Ave, Bradley Beach, NJ 07720
      View Details
    • $1,999,999
      7,548 SF

      Iconic Bradley Theatre: Prime Opportunity

      High-exposure property in walkable downtown corridor, ideal for various uses.
      110 Main St, Bradley Beach, NJ 07720
      View Details
    • $1,999,999
      7,548 SF

      Iconic Bradley Theatre: Prime Opportunity

      Versatile 7,500+ sq ft building in walkable downtown corridor.
      110 Main St, Bradley Beach, NJ 07720
      View Details
    • New
      $1,695,000
      0.17 Acres

      Land Near Bradley Beach Ocean

      Residential land near the ocean, ideal for new construction.
      214 5Th Ave, Bradley Beach, NJ 07720
      View Details
    • $199,999
      451 SF

      Main Street Office Condo, Bradley Beach

      Prime Medical/Office Condo, Great Investment
      2 Main St, Bradley Beach, NJ 07720
      View Details
    • $715,000
      3,200 SF

      Profitable Bradley Beach Liquor Store

      Established Liquor Store, Real Estate Option
      618 Main St, Bradley Beach, NJ 07720
      View Details

    Similar Nearby for Lease

    • $3,900 /Mo
      2,400 SF

      Main Street Restaurant Space Available

      Commercial kitchen in place, ready for your restaurant.
      604 Main St, Bradley Beach, NJ 07720
      View Details
    • New
      Contact for pricing
      561 SF

      Luxury Office Space Available

      Luxury office space in Bradley Beach, flexible lease terms.
      2 Main St Unit, Bradley Beach, NJ 07720
      View Details
    • $3,900 /Mo
      2,400 SF

      Restaurant Space in Bradley Beach

      Restaurant space with commercial kitchen in a high-traffic location.
      604 Main St, Bradley Beach, NJ 07720
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    600 Main St
    Bradley Beach, NJ 07720-1052
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!