1025 State Rte 35Ocean, NJ 07712

  • Commercial real estate
  • 2,716 SF
Off market
$771,900 Estimated

Property Details for 1025 State Rte 35

Year built
1967
Construction
BRICK
Lot size
0.34 AC
Property size (Sq ft)
2,716 SF
Property type
Commercial real estate
APN
37 00214-0000-00004
APU
3700214000000004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $568,944
    6.5%
    $525,180
    7%
    $487,667
  • Comparable approach

    Method
    Valuation
    Relative Method
    $354,873
    Geo Method
    $354,873
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,014,170
    Retail / Commercial
    $523,936
    Mixed-Use / Specialty
    $525,120
    Hospitality / Lodging
    $389,238
    Office
    $525,180
    Institutional / Educational
    $547,004
    Residential Income
    $639,995
    Multifamily
    $750,656
    Automotive / Energy
    $468,861
    Parking / Income-Based Land
    $158,783
    Restaurant / Food Service
    $279,633
    Healthcare / Senior Housing
    $535,371

Location Insight

City
Ocean
County
Monmouth
State
New Jersey
Latitude
40.2392
Longitude
-74.0368
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
$13,133
$648,900
$123,000
$771,900
-
$648,900
$123,000
$771,900

FAQs

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