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    62 Main Ave Ocean Grove, NJ 07756-1345
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    Property profile & analytics

    62 Main Ave, Ocean Grove, NJ 07756-1345

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    • Commercial real estate
    • 2,816 SF
    • 0.08 lot acres
    Off-Market
    Property ID
    US59-3017139
    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
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Smoke-Stock UFR / (Bike/Boat/Book/etc) Store / Building Supply
    • Smoke-Stack & Chimney Cleaning Service FPF / Building Supply / Hardware & Home Improvement
    • The Garden of Joy / Garden Center / Landscaping

    Property Details for 62 Main Ave

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Zone code
    HDB1
    Property type
    Commercial real estate
    APN
    35 00208-0000-00008
    APU
    3500208000000008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 5, 2022 $1,100,000 Nka LLC Sixty Two Main LLC Assignment Of Lease (leasehold Sale) $550k · Regal Bank
    Jan 6, 2006 $240,000 Zoila A Ortiz Jordan,mary Grant Deed $200k · Provident Savings Bank
    Apr 22, 2004 $835,000 Sixty-two Main LLC Macdonald,james B & Barbara A Grant Deed $627k · Monmouth Cmnty Bk
    — — Sixty-two Main LLC — Loan Modification · related $25k · Kearny Bk
    — — Sixty-two Main LLC — Loan Modification · related $627k · Kearny Bk
    — — Mary Jordan — Deed Of Trust · related $172k · Option One Mortgage Corp
    — — Mary Jordan — Deed Of Trust · related $150k · Fremont Mortgage
    — — Sixty-two Main LLC — Deed Of Trust · related $25k · Central Jersey Bk
    — — Sixty-two Main LLC — Loan Modification · related $25k · Central Jersey Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $635,000
      6.5%
      $585,000
      7%
      $545,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $386,000
      Market price range: $192k - $413k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $730,000
      Current use
      OFFICE BUILDING
      $695,000
      Change: -5% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Ocean Grove
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0077
    Latitude
    40.212
    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
    $13,511
    $601,000
    $410,600
    $1,011,600
    -
    $601,000
    $410,600
    $1,011,600
    More about this property
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