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96 1st Ave 2,275 SF 100% Leased Retail Building Atlantic Highlands, NJ 07716 $799,000 ($351.21/SF) 6.03% Cap Rate
INVESTMENT HIGHLIGHTS
- First Ave Atlantic Highlands Downtown
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,275 SF
Building Class
C
Year Built
1910
Price
$799,000
Price Per SF
$351.21
Cap Rate
6.03%
NOI
$48,154
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.04 AC
Zoning
B-1
Frontage
25’ on 1st Ave
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-00097-0000-00005 | Improvements Assessment | $270,300 (2025) |
| Land Assessment | $405,000 (2025) | Total Assessment | $675,300 (2025) |
PROPERTY TAXES
Parcel Number
05-00097-0000-00005
Land Assessment
$405,000 (2025)
Improvements Assessment
$270,300 (2025)
Total Assessment
$675,300 (2025)
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