Financial
Distress signals
Property profile

622 Main St Avon by the Sea, NJ 07717

FOR LEASE
Other commercial real estate
Property ID
US59-3197292
2,281 SF 0.1 ac lot Built 1930
Last sale Sep 2014 · $633,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use live-work property combines a street-facing commercial studio with a residential apartment above. The retail/commercial entry is through glass doors into a lobby, which opens to a spacious studio with large windows for natural light; the studio includes a half bathroom, a utility closet, and storage, and features a radiant-heat system. The upstairs unit is a 2-bedroom apartment with an open kitchen and living area, counter seating, hardwood floors, and in-unit laundry, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$542k
Assessed land$294k
Assessed improvement$248k
Effective rate0.85%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$14k
Operating expenses−$8k
NOI · 573.75% cap applied$23k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$259/SF
County average, outlier-cleaned · 1093 recorded sales of this use type
Observed band · Q1–Q3$161 – $392
Qualifying comparables5

Cap rate analysis

How does the asset earn?
573.75%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center11.2
Parking Facility9.8
Shoe Repair8.7

Location

622 Main St Avon by the Sea, NJ 07717
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
801 Main, Avon By The Sea, NJ 07717-1023 $13,000,000 Jun 2024 2,100 SF
711 Main, Avon By The Sea, NJ 07717-1021 $410,000 Feb 2024 1,680 SF
515 Lincoln, Avon By The Sea, NJ 07717-1156 $870,000 Nov 2023 3,500 SF
1 Main, Avon By The Sea, NJ 07717-1003 $985,000 Apr 2023 3,552 SF
109 Sylvania, Avon By The Sea, NJ 07717-1338 $1,990,000 Jun 2021 3,583 SF
214 Main, Avon By The Sea, NJ 07717-1007 $610,000 Nov 2019 3,228 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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