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Property profile & analytics
OFF-MARKET
Estimated value
$2,480,000
Car washes
1045 Cedar Brg Ave Brick, NJ 08723-4048
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0230190
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Total area
5,258 SF
Lot
1 ac (43,681 SF)
Zoning code
B2
APN
07 00464-0000-00023
UPID
US59-0230190
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
$2.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.48M
Owner & transaction history
Eas Brick Propco LLC · 1 yrs held
Eas Brick Propco LLC
since 2025
Last sale
$3.0M
5 recorded transactions
Zoning & alternative use
B2 · Brick, 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 Brick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brick 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
$1,815,000
ML approach
$2,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.48M
Range $2.23M – $2.73M · ±10% · vs last sale $3.04M (Mar 11 2025)
Last sale anchor
$3.04M
Mar 11 2025
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
$472 / 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
$20,448
Tax year 2023
Assessed value
$832,900
Assessed 2024
Previous assessed
$832,900
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$313,700
Assessed improvement
$519,200
Land market value
$313,700
Improvement market value
$519,200
Total market value
$832,900
Applied tax rate
7.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Heating
NONE
Units
1
Total area
5,258 SF
Lot
1 ac (43,681 SF)
Zoning code
B2
APN
07 00464-0000-00023
UPID
US59-0230190
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B2 · Brick, NJZoning B2 · permitted uses
B2 · Brick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Eas Brick Propco LLC
Entity
Mailing address
1045 CEDAR BRG AVE, BRICK, NJ 08723-4048
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2025
$3,040,000
Eas Brick Propco LLC
Mdb Properties LLC
Deed
$7,600,000 · Mdb Properties LLC
Mar 11, 2025
—
Eas Brick LLC
Eas Brick Propco LLC
Deed
—
Sep 26, 2024
—
Mdb Properties LLC
Meb Properties LLC
Deed
—
Nov 8, 2004
—
Meb Properties LLC
Howell Car Wash & Lube Center
Grant Deed
related
—
Nov 5, 1999
$800,000
Howell Car Wash & Lube Center
SR Realty Acquisition Corp
Grant 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.
Try Rey
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