Entity Owned 
For Lease
1 / 20
$1,500/Mo
1064 S Main St, West Creek, NJ 08092
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
13,804 SF
Lot
2.37 ac (103,237 SF)
Zoning code
RA4
APN
31 00128- 03-00001
UPID
US59-1903405
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician
-
Physician
-
Medical Billing Service
-
Physician
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.47M
CAP Approach
CAP
$2.46M
Comparable Approach
Comparable
$2.98M
Blend (final)
Blend
$2.39M
Owner & transaction history
since 2021
Last sale
$2.0M
2 recorded transactions
Zoning & alternative use
RA4 · West Creek, NJ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.39M
Value range
$2.15M – $2.62M
±10% around blend
Estimated value / SF
$173 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
50
Income certainty
100
$2.15M
blend $2.39M
$2.62M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,804 SF
Lot area
2.37 ac
Stories
2
APN
31 00128- 03-00001
Zoning
RA4
Assessed value
$1,583,000
Annual tax
$37,264
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.46M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.66M
@ 6.5% CAP return
$2.46M
@ 7% CAP return
$2.28M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$37,264
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.22M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
20.5 mi away · 10,413 SF
20.9 mi away · 15,375 SF
21.9 mi away · 10,032 SF
21.9 mi away · 10,032 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.39M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 852 sales
$288
-40%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $173/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
6.70%
Selected cap rate for this commercial real estate
Derived from the West Creek market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.70%
9.0%
NOI (est.)
$28k *
Last sale · Jun 2021
$2.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$411k
Move the market yield to see immediate price impact.
Value / SF
$30
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.20%6.70%7.20%
$25k
$400k
$370k
$344k
$28k
$444k
$411k
$382k
$30k
$489k
$452k
$421k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$3.20M
20.1 mi · Dec 2025 · $255/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$37,264
Tax year 2022
Assessed value
$1,583,000
Assessed 2023
Previous assessed
$1,583,000
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$242,200
Assessed improvement
$1,340,800
Land market value
$242,200
Improvement market value
$1,340,800
Total market value
$1,583,000
Applied tax rate
31.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Stories
2
Units
1
Total area
13,804 SF
Lot
2.37 ac (103,237 SF)
Zoning code
RA4
APN
31 00128- 03-00001
UPID
US59-1903405
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
RA4 · West Creek, NJZoning RA4 · permitted uses
RA4 · West Creek, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Stories
2
Units
1
Lot
2.37 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RA4
Jurisdiction
West Creek, NJ
Recorded code
RA4
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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