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Property profile & analytics
OFF-MARKET Estimated value $5,355,000
Commercial real estate

65 Ocean Ave Monmouth Beach, NJ 07750-1349

27,076 SF 7.5 ac lot Built 2000
Individually Owned 6-yr Hold Free & Clear
Property ID
US59-1666190
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Construction FRAME
Total area 27,076 SF
Lot 7.5 ac (326,880 SF)
Zoning code A-2
APN 34 00022-0000-00001- 03
UPID US59-1666190
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
  • Monmouth Beach Bath & Tennis Club Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.63M
Comparable Approach Comparable
$4.64M
Blend (final) Blend
$5.36M
Owner & transaction history
Beach Bath & Tennis Club · 6 yrs held
Beach Bath & Tennis Club
since 2019
5 recorded transactions
2023
Price N/A
2019
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
A-2 · Monmouth Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

revised through February 20, 2025 consisting of two (2) sheets (A-2); Landscape Architectural Plans prepared by Edward Clark, consisting of two (2) sheets revised through March 6, 2025 (A-3); Aerial Map with color rendered overlay prepared by InSite Engineering, dated March 25, 2025 (A -4); Zoomed in Aerial Map with color rendered overlay prepared by InSite…

Zone name High Rise Residential
General category RESIDENTIAL
Zone area 24.79 ac
Source Borough of Monmouth Beach
Top alternative use upside
Apartment house (5+ units) $7.2M +1.9%
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