731 State Rte 35Ocean, NJ 07712

  • Commercial real estate
  • 16,144 SF
Off market
$3,572,000 Estimated

Property Details for 731 State Rte 35

Year built
2011
Lot size
1.95 AC
Property size (Sq ft)
16,144 SF
Zone code
3783
Property type
Commercial real estate
APN
37 00140-0000-00109
APU
3700140000000109

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,381,850
    6.5%
    $3,121,710
    7%
    $2,898,730
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,109,380
    Geo Method
    $2,109,380
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,028,330
    Retail / Commercial
    $3,114,320
    Mixed-Use / Specialty
    $3,121,360
    Hospitality / Lodging
    $2,313,660
    Office
    $3,121,710
    Institutional / Educational
    $3,251,440
    Residential Income
    $3,804,180
    Multifamily
    $4,461,950
    Automotive / Energy
    $2,786,950
    Parking / Income-Based Land
    $943,817
    Restaurant / Food Service
    $1,662,160
    Healthcare / Senior Housing
    $3,182,290

Location Insight

City
Ocean
County
Monmouth
State
New Jersey
Latitude
40.2275
Longitude
-74.0381
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
$58,290
$916,500
$2,655,500
$3,572,000
-
$916,500
$2,655,500
$3,572,000

FAQs

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