Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    30 Front St Red Bank, NJ 07701

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 30 Front St

    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional commercial property, located at 30 West Front Street in Red Bank, New Jersey, presents a unique investment opportunity. Situated in the heart of Red Bank's vibrant cultural, culinary, and commercial district, this retail space offers unparalleled visibility and accessibility. The property boasts breathtaking scenic water views of the Navesink River, a rare find in this desirable location. With a convenient public parking lot directly across the street, customer access is effortless. The asking price is $2,636,444. This prime location is surrounded by a substantial population base

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Red Bank
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0665
    Latitude
    40.352

    Comparable in this City

    • Value Estimation by Request
      150,000 SF

      500 Rte

      Neighborhood centers • 150,000 SF
      500 Rte, Red Bank, NJ 07701
      View Details
    • Value Estimation by Request
      18,260 SF

      30 Front St

      Restaurants • 18,260 SF
      30 Front St, Red Bank, NJ 07701
      View Details
    • Value Estimation by Request
      3,698 SF

      447-473 Nj-35

      Retail properties • 3,698 SF
      447-473 Nj-35, Red Bank, NJ 07701
      View Details
    • Value Estimation by Request
      7,415 SF

      30 Front St

      Retail properties • 7,415 SF
      30 Front St, Red Bank, NJ 07701
      View Details
    • Value Estimation by Request
      1,890 SF

      54 Brg Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,890 SF
      54 Brg Ave, Red Bank, NJ 07701-1013
      View Details
    • Value Estimation by Request
      18,258 SF

      135 Monmouth St

      Individual retail properties • 18,258 SF
      135 Monmouth St, Red Bank, NJ 07701
      View Details

    Similar Nearby for Sale

    • $949,000
      1,890 SF

      Red Bank Retail Space - $949K

      Prime 1890 SF Retail, Vacant, NNN Lease.
      177 Broad St, Red Bank, NJ 07701
      View Details
    • $4,950,000
      18,258 SF

      Red Bank Mixed-Use Investment

      18,258 SF, 17 Parking Spaces, High Potential
      135 Monmouth St, Red Bank, NJ 07701
      View Details
    • New
      $329,999

      Established Organic Cafes For Sale

      Two established organic cafes in Red Bank and Wall Township.
      205 W Front St, Red Bank, NJ 07701
      View Details
    • $200,000
      3,500 SF

      Thriving Restaurant Business Opportunity

      Turnkey Thai restaurant business for sale in downtown Red Bank.
      2 Bridge Ave, Red Bank, NJ 07701
      View Details
    • $150,000
      1,600 SF

      Red Bank Restaurant Business Opportunity

      Turnkey Thai restaurant business for sale in downtown Red Bank.
      39 Broad St, Red Bank, NJ 07701
      View Details
    • Contact for pricing

      Tinton Falls Investment Opportunity

      Four-suite condo in a fully occupied professional complex.
      4 Hartford Dr D E F G, Tinton Falls, NJ 07701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Prime Retail/Restaurant Space Available

      3,000 SF retail or restaurant space in Red Bank.
      40 Broad St, Red Bank, NJ 07701
      View Details
    • Contact for pricing
      150,000 SF

      Union Square Retail Space - Red Bank, NJ

      Prime Red Bank Retail Opportunity. Three Suites Available.
      500 Rte 35, Red Bank, NJ 07701
      View Details
    • $40 SF/Yr
      3,000 SF

      Prime Retail/Restaurant Space Available

      3,000 SF retail/restaurant space in downtown Red Bank.
      40-42 Broad St, Red Bank, NJ 07701
      View Details
    • Contact for pricing
      3,698 SF

      Chapel Hill Retail Center - Red Bank

      Prime Retail Space, 3,698 sq ft, High Visibility
      447-473 Nj-35, Red Bank, NJ 07701
      View Details
    • $9,850 /Mo
      3,920 SF

      Prime Retail Space, Red Bank

      Downtown Red Bank retail space, ideal for business expansion.
      40 White St, Red Bank, NJ 07701
      View Details
    • Contact for pricing
      13,504 SF

      Red Bank Retail/Office Spaces

      Retail and office spaces available in thriving Red Bank, New Jersey.
      50 White St, Red Bank, NJ 07701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    30 Front St
    Red Bank, NJ 07701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.