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Property profile & analytics

910 Un Ave Union Beach, NJ 07735-3420

  • Commercial real estate
  • 3,467 SF
  • 0.40 lot acres
OFF-MARKET
Last Sale
Apr 24, 2024
$555,000
Value Estimations
$555,000
Show details
Cap Rate Potential
8.4%
Commercial real estate
Location Intelligence
Property ID
US59-2737813
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

  • Commercial real estate

Property Details for 910 Un Ave

Lot size
0.40 lot acres
Property size
3,467 SF
Zone code
B-1
Property type
Commercial real estate
APN
50 00183-0000-00012
APU
5000183000000012

Description

This exceptional restaurant opportunity is located at 910 Union Ave, Union Beach, NJ 07735, in Monmouth County. The property boasts a substantial 3,500 square feet of space, perfectly suited for a thriving restaurant business. Built in 1960, the building sits on a sizable 0.48-acre lot and offers ample parking with 40 spaces, a significant advantage in a high-traffic area. The property is zoned C-0, permitting a variety of commercial uses. The asking price is $900,000. A key asset included in the sale is a Class C liquor license, adding considerable value and potential for revenue generation. The location benefits from high summer traffic, making it an ideal spot for a seasonal or year-round establishment. This presents a unique chance to acquire a well-situated restaurant with significant potential for growth and profitability in a desirable New Jersey location. The property's size, parking availability, and included liquor license make it a highly attractive investment opportunity. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $555,000
    ML approach
    $555,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $780,000
    6.5%
    $720,000
    7%
    $670,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $605,000
    Market price range: $404k - $837k
    AI Estimate
    $388,000
    Market price range: $239k - $581k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $630,000
    Current use
    OFFICE BUILDING
    $855,000
    Change: +35% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Union Beach
County
Monmouth
State
New Jersey
Longitude
-74.1651
Latitude
40.4422
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
$12,434
$252,000
$312,600
$564,600
-
$252,000
$312,600
$564,600
More about this property
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