Financial
Distress signals
Property profile

658 Cookman Ave Asbury Park, NJ 07712

FOR LEASE
Other commercial real estate
Property ID
US59-0782251
18,130 SF 0.23 ac lot Built 1924
Last sale Feb 2024 · $986,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a small commercial building located on Cookman Avenue and is configured for potential retail or office use, with possible uses that include retail, office, and restaurants. It is part of a group of retail storefronts along Cookman Avenue. The building area is approximately 350 square feet, and utility responsibility for electricity is assigned to the tenant.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$47k
Tax billed · 2023
Assessed value · 2024$3.05M
Assessed land$1.09M
Assessed improvement$1.96M
Effective rate1.55%

Value estimate

· Sep 2026
$985k
$887k – $1.08M
AI approach$985k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$152 – $370
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CARC
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.7
Accounting Firm10.9
Locksmith9.8

Location

658 Cookman Ave Asbury Park, NJ 07712
County assessor Recorded deeds · 3 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Tornillo, Ocean, NJ 07712-7529 $6,040,000 Sep 2025 25,445 SF
1531 Sewall, Asbury Park, NJ 07712-6335 $2,075,000 Oct 2024 16,724 SF
574 Cookman, Asbury Park, NJ 07712-7187 $3,050,000 Jun 2024 15,069 SF
917 1st, Asbury Park, NJ 07712 $4,447,500 Apr 2024 22,080 SF
813 1st, Asbury Park, NJ 07712-5942 $4,447,500 Apr 2024 28,977 SF
1703 Vly, Ocean, NJ 07712-3916 $3,900,000 May 2023 17,260 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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