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Property profile & analytics
FOR SALE
Commercial real estate

603 Florence Ave Union Beach, NJ 07735

1,896 SF 0.07 ac lot Built 1930
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1449123
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Total area 1,896 SF
Lot 0.07 ac (2,875 SF)
Zoning code R-8
APN 50 00015-0000-00001- 01
UPID US59-1449123
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
County Of Monmouth · 3 yrs held
County Of Monmouth
since 2022
Last sale
$215,000
7 recorded transactions
2025
Price N/A
2022
Price N/A
2022
$215,000
2019
$11,752
2018
$180,000
2004
$171,000
2004
$1
Zoning & alternative use
R-8 · Union Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

,3 and 13-10.9d,1, or emergency or temporary structures in the R-8 Residential Zone for an initial period not exceeding six months, or as extended up to three months, as provided in subsection 13-10.4d ,9 of this chapter, Temporary Uses and Structures, while a principal building is being repaired or modified. f. No accessory building shall be used for reside…

Zone name Residential
General category RESIDENTIAL
Zone area 714.41 ac
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