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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Specialty properties
106 Broad St Eatontown, NJ 07724-1518
Individually Owned
4-yr Hold
Free & Clear
Property ID
US59-1073421
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1954
Construction
FRAME
Total area
4,831 SF
Lot
0.3 ac (12,931 SF)
Zoning code
B1
APN
12 01002-0000-00009
UPID
US59-1073421
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Carlos Maximino · 4 yrs held
Carlos Maximino
since 2022
Last sale
$561,750
5 recorded transactions
Zoning & alternative use
B1 · Eatontown, 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 Eatontown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eatontown 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
$590,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$725,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$505,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$485,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$440,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$380,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $562k (Jun 14 2022)
Last sale anchor
$562k
Jun 14 2022
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
$116 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$20,737
Tax year 2022
Assessed value
$1,103,300
Assessed 2023
Previous assessed
$1,103,300
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$214,400
Assessed improvement
$888,900
Land market value
$214,400
Improvement market value
$888,900
Total market value
$1,103,300
Applied tax rate
12.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1954
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
9
Total area
4,831 SF
Lot
0.3 ac (12,931 SF)
Zoning code
B1
APN
12 01002-0000-00009
UPID
US59-1073421
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B1 · Eatontown, NJ
Zoning B1 · permitted uses
B1 · Eatontown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eatontown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$725,000
OFFICE BUILDING
Est. value
$505,000
RETAIL STORES
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$380,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1954
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
9
Lot
0.3 ac
Current owner
From public records · entity-resolved
Carlos Maximino
Individual
Free & Clear · 4 yrs held
Mailing address
106 BROAD ST, EATONTOWN, NJ 07724-1518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jun 14, 2022
$561,750
Carlos Maximino
Carriage Funeral Holdings INC
Special Warranty Deed
—
Aug 4, 2016
—
Carriage Funeral Holdings INC
—
Deed
related
$300,000,000 · Bank Of America
Aug 11, 2014
—
Carriage Funeral Holdings INC
—
Loan Modification
related
$365,000,000 · Bank Of America
Dec 28, 2012
—
Carriage Funeral Holdings INC
—
Deed Of Trust
related
$275,000,000 · Bank Of America California NA
—
—
Carriage Funeral Holdings INC
—
Loan Modification
related
$300,000,000 · Bank Of America
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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