260 Beachway Avenue # 262

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260 Beachway Avenue # 262

Keansburg, NJ 07734
Asking Price
$2.15M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset totaling 0.2 acres available for sale.
  • Property located on Beachway Avenue in Keansburg New Jersey.
  • Asking price for the commercial development site is 2150000 dollars.
  • Coastal location within the Raritan Bay region of Monmouth County.
  • Strategic site suitable for professional or retail commercial development.

What's Special

This commercial land parcel spans 0.2 acres in Keansburg, New Jersey. Positioned along Beachway Avenue, the site sits within a coastal borough that serves as a residential and recreational hub along the Raritan Bay. The property offers proximity to regional transit corridors and the economic activity characteristic of the Monmouth County shoreline, making it a viable candidate for various commercial development initiatives. Investors and developers can evaluate the lot for potential business ventures that align with the local zoning and the evolving needs of the Keansburg community. The location benefits from its accessibility to both local thoroughfares and the broader New Jersey coastal network, providing a footprint for projects intended to capture traffic in this waterfront submarket.

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NOI
$80,000
Cap Rate
3.72%
DSCR
0.63
Underwater
Cash-on-Cash
-7.39%
Monthly Payment
$10,637.027
Annual Cash Flow
$-47,644.323

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