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Property profile & analytics
OFF-MARKET Estimated value $1,220,000
Commercial real estate

1 1st St Rumson, NJ 07760-1303

5,610 SF 1.45 ac lot
Entity Owned 27-yr Hold ~ Est. High Equity
Property ID
US59-1761831
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 5,610 SF
Lot 1.45 ac (63,162 SF)
Zoning code R-5
APN 41 00005-0000-00002
UPID US59-1761831
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.22M
Owner & transaction history
8 First Street LLC
8 First Street LLC
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R-5 · Rumson, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Regulations Controlling the R-5 Residential Zone District. [ Ord. 7/11/91 , § 6; Ord. 3/18/04 , § 2; Ord. No. 07-008D , § 1; amended 9-10-2024 by Ord. No. 24-009D ] a. Permitted Uses. 1. Detached single-family dwellings. 2. Tradesmen such as plumbers, electricians, carpenters, heating and air-conditioning repairmen, who are resident occupants of the principa…

Zone name Single Family Residential
General category RESIDENTIAL
Zone area 215.28 ac
Top alternative use upside
Apartment house (5+ units) $1.5M +1.9%
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