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    105 Riv Ave Lakewood, NJ 08701-4267
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    Property profile & analytics

    105 Riv Ave, Lakewood, NJ 08701-4267

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    • Commercial real estate
    • 36,666 SF
    • 11.60 lot acres
    Off-Market
    Last Sale Dec 4, 2024
    $9,000,000
    Property ID
    US59-0037903
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $8,910,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Northern State Bank / Bank / Loan Service
    • First Commerce Bank / Bank / Loan Service
    • Comprehensive Health Care / Medical Clinic
    • Lancz Ronald MD / Physician
    • OrthoStep / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store

    Property Details for 105 Riv Ave

    Year built
    1990
    Construction
    CONCRETE BLOCKS
    Lot size
    11.60 lot acres
    Zone code
    R75
    Property type
    Commercial real estate
    APN
    15 00758-0000-00001
    APU
    1500758000000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 21, 2016 $8,750,000 First Commerce R & E Holdings Ll 105 River Avenue LLC Grant Deed · related —
    Sep 13, 2006 — 105 River Avenue LLC 105 River Avenue Associates LLC Bargain And Sale Deed $6.5M · Investors Savings Bank
    Jan 31, 2006 — Mark Engel Engel,mark Quit Claim Deed · related —
    Jan 31, 2006 $2,000,000 105 River Avenue Assocs LLC Engel,mark Grant Deed —
    Feb 16, 2001 $27,500 New Jersey Dept Transportation Engel,mark Grant Deed —
    Dec 22, 1989 $1,350,000 Adelfia Corp Unknown Grant Deed —
    — — 105 River Avenue LLC — Deed Of Trust · related $5.1M · First Commerce Bank
    — — 105 River Avenue LLC — Deed Of Trust · related $3M · Northern State Bank
    — — 105 River Avenue LLC — Deed Of Trust · related $3.9M · First Commerce Bank
    — — 105 River Avenue LLC — Deed Of Trust · related $1.1M · Zebra Holding LLC

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,060,000
      6.5%
      $6,515,000
      7%
      $6,050,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,974,000
      Market price range: $1.87M - $7.98M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $10,990,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $10,400,000
      Change: -5% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2141
    Latitude
    40.0848
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $208,627
    $7,823,300
    $1,319,000
    $9,142,300
    -
    $7,823,300
    $1,319,000
    $9,142,300
    More about this property
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