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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Commercial real estate
1 Woodland St Highlands, NJ 07732-1841
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1293203
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1913
Total area
2,025 SF
Lot
0.18 ac (7,875 SF)
Zoning code
R101
APN
19 00034-0000-00008
UPID
US59-1293203
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
$780k
CAP Approach
CAP
$420k
Comparable Approach
Comparable
$793k
Blend (final)
Blend
$630k
Owner & transaction history
Eric T Kane · 1 yrs held
Eric T Kane
since 2025
Last sale
$630,000
7 recorded transactions
Zoning & alternative use
R101 · Highlands, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Highlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highlands submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$780,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
$455,000
6.5%
$420,000
7%
$390,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$525,000
Current use
OFFICE BUILDING
$500,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $630k (Jul 28 2020)
Last sale anchor
$630k
Jul 28 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$311 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,494
Tax year 2023
Assessed value
$679,100
Assessed 2024
Previous assessed
$679,100
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$380,700
Assessed improvement
$298,400
Land market value
$380,700
Improvement market value
$298,400
Total market value
$679,100
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1913
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
8
Total area
2,025 SF
Lot
0.18 ac (7,875 SF)
Zoning code
R101
APN
19 00034-0000-00008
UPID
US59-1293203
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R101 · Highlands, NJ
Zoning R101 · permitted uses
R101 · Highlands, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Highlands. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$525,000
OFFICE BUILDING
Est. value
$500,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1913
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
8
Lot
0.18 ac
Current owner
From public records · entity-resolved
Eric T Kane
Individual
Mailing address
1 WOODLAND ST, HIGHLANDS, NJ 07732-1841
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
Eric T Kane
—
Deed
related
$250,000 · Discover Bank
Jul 10, 2024
—
Danielle Tarallo
—
Deed
related
$156,000 · Pnc Bank NA
Apr 28, 2023
—
Eric Kane
—
Deed
related
$174,646 · Discover Bank
—
—
William D Kilpatrick
—
Deed Of Trust
related
$275,000 · Ally Capital Corp
—
—
Nancy Gray
—
Deed Of Trust
related
$50,000 · Sovereign Bank
—
—
Nancy Gray
—
Deed Of Trust
related
$262,700 · J P Morgan Chase Bank
—
—
Nancy Gray
—
Deed Of Trust
related
$313,000 · Provident Funding Assoc LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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