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    895 W Bay Ave Barnegat, NJ 08005
    Property profile & analytics

    895 W Bay Ave, Barnegat, NJ 08005

    View on Map

    • Commercial real estate
    • 9,991 SF
    • 3.17 lot acres
    Retail Space with Drive-Thru For Lease
    $2,255,000
    10,147 SF

    Retail Space with Drive-Thru

    10,147 SF retail space suitable for drive-thru restaurant.

    895 W Bay Ave, Barnegat, NJ
    View Listing
    Property ID
    US59-1293704
    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
    $2,255,000
    Cap Rate Potential
    4.2%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Cardtronics / Atm
    • Rite Aid Pharmacy / Pharmacy
    • higi / Medical Clinic
    • Coinhub Bitcoin ATM Teller / Atm
    • John Gofus / Pharmacy

    Property Details for 895 W Bay Ave

    Year built
    1996
    Lot size
    3.17 lot acres
    Zone code
    TCCN
    Property type
    Commercial real estate
    APN
    01 00115- 01-00002- 01
    APU
    100115010000201

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 10, 2021 $2,297,025 855 Mountain Ave LLC Mk Menlo Property Owner LLC Deed —
    Jun 25, 2014 $2,022,283 Mk-menlo Property Owner LLC Rap Barnegat Nj LLC Grant Deed $102.7M · Gs Com'l R/e
    Jan 15, 2009 — Rap Barnegat Nj LLC — Trustees Deed · related $1M · Pnc Bank
    Mar 22, 2006 — Rap Barnegat Nj LLC Devcon I Associates Grant Deed $400k · Farmers & Mechanics Bank
    — — Rap Barnegat Nj LLC — Deed Of Trust · related $400k · Pnc Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,740,000
      ML approach
      $2,870,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,925,000
      6.5%
      $1,775,000
      7%
      $1,650,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,009,000
      Market price range: $1.09M - $2.14M
      AI Estimate
      $1,780,000
      Market price range: $738k - $2.02M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,610,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $2,835,000
      Change: +76% Conversion: Moderate
      OFFICE BUILDING
      $2,375,000
      Change: +47% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,590,000
      Change: -1% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Barnegat
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2444
    Latitude
    39.7572
    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
    $56,340
    $1,105,800
    $894,200
    $2,000,000
    -
    $1,105,800
    $894,200
    $2,000,000
    View Listing
    More about this property
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