Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    700 8th Ave Belmar, NJ 07719-2790

    • Commercial real estate
    • 3,400 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    May 03, 2021
    $424,000
    Location Intelligence
    Property ID
    US59-2089435
    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.

    Current Use by Public Records

    • Mike's Giant Submarines / Sandwich Shop / Caterer

    Property Details for 700 8th Ave

    Year built
    1930
    Construction
    CONCRETE BLOCKS
    Lot size
    0.10 lot acres
    Property size
    3,400 SF
    Zone code
    CBD1
    Property type
    Commercial real estate
    APN
    07 00076-0000-00015
    APU
    700076000000015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $435,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $430,000
      Mixed-Use
      $445,000
      Hospitality
      $370,000
      Educational
      $370,000
      Residential Income
      $465,000
      Energy
      $355,000
      Income-Based Land
      $465,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Belmar
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0256
    Latitude
    40.1818
    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
    $4,488
    $84,000
    $246,700
    $330,700
    -
    $84,000
    $246,700
    $330,700

    Comparable in this City

    • Value Estimation by Request

      2090 State Rte 34

      COMMERCIAL (GENERAL)
      2090 State Rte 34, Wall Township, NJ 07719-9108
      View Details
    • Value Estimation by Request

      2010 State Rte 34

      COMMERCIAL (GENERAL)
      2010 State Rte 34, Wall Township, NJ 07719-9108
      View Details
    • Value Estimation by Request

      3202 Allaire Rd

      COMMERCIAL (GENERAL)
      3202 Allaire Rd, Wall Township, NJ 07719-9165
      View Details
    • Value Estimation by Request

      1731 Main St

      COMMERCIAL (GENERAL)
      1731 Main St, Belmar, NJ 07719-3051
      View Details
    • Value Estimation by Request
      0.38 Acres

      1716 Main St

      COMMERCIAL (GENERAL) • 0.38 Acres
      1716 Main St, Belmar, NJ 07719-3052
      View Details
    • Value Estimation by Request
      6,838 SF

      1919 State Rte 35

      COMMERCIAL (GENERAL) • 6,838 SF
      1919 State Rte 35, Wall Township, NJ 07719-3508
      View Details

    Similar Nearby for Sale

    • $989,000

      Waterview Lot in Desirable Community

      Premium vacant parcel near Shark River, perfect for custom home.
      823 13Th Ave, Belmar, NJ 07719
      View Details
    • $599,000

      Office Building Near Route 18

      Two-story office building with parking near Route 18 entrance.
      2807 Hurley Pond Rd, Belmar, NJ 07719
      View Details
    • $1,375,000
      Pending

      Ocean View Multifamily Property

      Four homes on one property near the beach and boardwalk.
      107 18Th Ave, Belmar, NJ 07719
      View Details
    • $1,190,000
      8,640 SF

      Lake Como Mixed-Use Opportunity

      Two-lot parcel in Lake Como's General Business zone.
      1805-1807 Main St, Belmar, NJ 07719
      View Details
    • $6,000,000

      Belmar Multifamily Development Opportunity

      56-unit residential development opportunity in the heart of Belmar.
      708-710 Main St, Belmar, NJ 07719
      View Details
    • $1,750,000

      Land Near Belmar Beaches

      Two parcels of land near Belmar's beaches for sale.
      1103 A St, Belmar, NJ 07719
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo

      Oceanview Colonial First Floor Rental

      Winter rental in Belmar, four houses from the beach.
      110 11Th Ave, Belmar, NJ 07719
      View Details
    • Contact for pricing
      4,964 SF

      Belmar Commercial Space For Lease

      Versatile commercial space in the heart of Belmar, New Jersey.
      610 Main St, Belmar, NJ 07719
      View Details
    • Contact for pricing
      6,000 SF

      Belmar Executive Office Space

      Prime Belmar Office: 2,150 sq ft available.
      602 Main St, Belmar, NJ 07719
      View Details
    • Contact for pricing
      60,000 SF

      Wall Promenade Retail Space

      Prime NJ Retail Space Available
      0 Wall Promenade, Wall Township, NJ 07719
      View Details
    • New
      Contact for pricing
      5,460 SF

      Office Space in Wall, NJ

      Office space available for rent in Wall, New Jersey.
      1512 State Route 138, Belmar, NJ 07719
      View Details
    • $2,350 /Mo

      Belmar Beach Apartment For Rent

      Second-floor apartment, one block from Belmar Beach, available now.
      1002 A St, Belmar, NJ 07719
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 8th Ave
    Belmar, NJ 07719-2790
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.