Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
6301 Pacific Ave Wildwood Crest, NJ 08260-4117
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-2066111
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
FRAME
Total area
1,166 SF
Lot
0.06 ac (2,801 SF)
Zoning code
R-2
APN
15 00042- 01-00016- 02
UPID
US59-2066111
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
Current use
Occupant on record · Public records
-
Hoffman Real Estate Agency Real Estate Agency
-
Casiello Construction and Property Management Construction Company
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
PACIFIC AVENUE ASSOCIATES LLC
PACIFIC AVENUE ASSOCIATES LLC
Zoning & alternative use
R-2 · Wildwood Crest, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
In the R-2 Residential District, no building or premises shall be used and no building shall be erected or altered which is arranged, intended or designed to be used except for one of the following uses: A. Single-family and two-family residences in connection with which there may be a private garage if consistent with § 85-38D . There shall not be more than…
Zone name
Two Family Residential
General category
RESIDENTIAL
Zone area
317.78 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wildwood Crest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wildwood Crest submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$4,041
Tax year 2022
Assessed value
$295,800
Assessed 2023
Previous assessed
$295,800
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$245,800
Assessed improvement
$50,000
Land market value
$245,800
Improvement market value
$50,000
Total market value
$295,800
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Total area
1,166 SF
Lot
0.06 ac (2,801 SF)
Zoning code
R-2
APN
15 00042- 01-00016- 02
UPID
US59-2066111
Jurisdiction
CAPE MAY
Zoning & alternative use
R-2 · Wildwood Crest, NJZoning R-2 · permitted uses
R-2 · Wildwood Crest, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
In the R-2 Residential District, no building or premises shall be used and no building shall be erected or altered which is arranged, intended or designed to be used except for one of the following uses: A. Single-family and two-family residences in connection with which there may be a private garage if consistent with § 85-38D . There shall not be more than one single detached one- or two-family dwelling on a single lot. B. Parks and playgrounds not operated for profit. C. Municipal buildings and uses. D. Community residences for the developmentally disabled and community shelters for victims of domestic violence where they house six or less persons, excluding resident staff.
Zone name
Two Family Residential
General category
RESIDENTIAL
Zone area
317.78 ac
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
PACIFIC AVENUE ASSOCIATES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
204 E SAINT LOUIS AVE, WILDWOOD CREST, NJ 08260-3447
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6301 Pacific Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
