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Property profile & analytics
OFF-MARKET
Commercial real estate
101 1st Ave Manasquan, NJ 08736-3312
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-1855197
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1927
Construction
FRAME
Total area
1,170 SF
Lot
0.1 ac (4,280 SF)
Zoning code
R-5
APN
29 00168-0000-00001
UPID
US59-1855197
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Pharo Corner Store LLC · 3 yrs held
The Pharo Corner Store LLC
since 2023
2 recorded transactions
Zoning & alternative use
R-5 · Manasquan, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
In R-3, R-4 and R-5 Zones, an exterior shower area or washing station shall be provided. d. An enclosed common area for the temporary storage of solid waste and recyclable materials shall be provided. This area shall be shielded from view of neighboring properties and the street, and be sized to accommodate the required number of solid waste and recyclable m…
Zone name
One Family Residential
General category
RESIDENTIAL
Zone area
19.97 ac
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 Manasquan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manasquan 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,383
Tax year 2022
Assessed value
$441,300
Assessed 2023
Previous assessed
$441,300
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$297,500
Assessed improvement
$143,800
Land market value
$297,500
Improvement market value
$143,800
Total market value
$441,300
Applied tax rate
29.0000
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
1927
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Bathrooms
25
Total area
1,170 SF
Lot
0.1 ac (4,280 SF)
Zoning code
R-5
APN
29 00168-0000-00001
UPID
US59-1855197
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-5 · Manasquan, NJZoning R-5 · permitted uses
R-5 · Manasquan, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
In R-3, R-4 and R-5 Zones, an exterior shower area or washing station shall be provided. d. An enclosed common area for the temporary storage of solid waste and recyclable materials shall be provided. This area shall be shielded from view of neighboring properties and the street, and be sized to accommodate the required number of solid waste and recyclable material containers or a dumpster for the storage of such materials. e. Off-street parking shall be provided in the rear of the structure. Vehicle egress shall be designed to prevent backing out onto a street. f. A landscaping plan showing planting, shrubbery and lawn area for the front, side and rear yards shall be provided. g. Interior walls shall be soundproofed between all residential and commercial units to meet a Sound Transmission Class (STC) rating of 50 or higher.
Zone name
One Family Residential
General category
RESIDENTIAL
Zone area
19.97 ac
Building & site characteristics
From public records
Year built
1927
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Bathrooms
25
Lot
0.1 ac
Current owner
From public records · entity-resolved
The Pharo Corner Store LLC
Entity
Free & Clear · 3 yrs held
Mailing address
364 PERRINE BLVD, MANASQUAN, NJ 08736-3757
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2023
—
The Pharo Corner Store LLC
The Pharo Corner Store LLC
Intrafamily Transfer
related
—
Feb 2, 2005
—
Pharo Corner Store LLC
Pharo,virginia
Quit Claim Deed
—
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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