Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Commercial real estate
11 Main St Bradley Beach, NJ 07720-1027
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US59-1492300
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
3,840 SF
Lot
0.08 ac (3,483 SF)
Zoning code
O-P
APN
08 00082-0000-00015- 01
UPID
US59-1492300
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
Current use
Occupant on record · Public records
-
Walter Wall Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$533k
Blend (final)
Blend
$670k
Owner & transaction history
Richard Quarantello JR · 9 yrs held
Richard Quarantello JR
since 2016
1 recorded transaction
Zoning & alternative use
O-P · Bradley Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
rticle V Zone Regulations § 450-26 R-1 Residential Single-Family Zone. § 450-27 (Reserved) § 450-28 R-B Residential Beachfront Zone. § 450-29 GB General Business Zone. § 450-29.1 GBW General Business West Zone. § 450-30 O-P Office Professional Zone. § 450-31 B-O-R Business, Office and Research Zone. § 450-31.1 Affordable housing overlay zones purpose. § 450-…
Zone name
Office Professional
General category
COMMERCIAL
Zone area
8.16 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 Bradley Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bradley Beach 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$740,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$995,000
Current use
OFFICE BUILDING
$945,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10%
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
$174 / 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
$8,889
Tax year 2022
Assessed value
$909,300
Assessed 2023
Previous assessed
$909,300
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$330,300
Assessed improvement
$579,000
Land market value
$330,300
Improvement market value
$579,000
Total market value
$909,300
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Buildings
1
Total area
3,840 SF
Lot
0.08 ac (3,483 SF)
Zoning code
O-P
APN
08 00082-0000-00015- 01
UPID
US59-1492300
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
O-P · Bradley Beach, NJZoning O-P · permitted uses
O-P · Bradley Beach, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
rticle V Zone Regulations § 450-26 R-1 Residential Single-Family Zone. § 450-27 (Reserved) § 450-28 R-B Residential Beachfront Zone. § 450-29 GB General Business Zone. § 450-29.1 GBW General Business West Zone. § 450-30 O-P Office Professional Zone. § 450-31 B-O-R Business, Office and Research Zone. § 450-31.1 Affordable housing overlay zones purpose. § 450-31.2 Affordable housing overlay zones supplements existing. § 450-31.3 AH-1 Afforda
Zone name
Office Professional
General category
COMMERCIAL
Zone area
8.16 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$995,000
OFFICE BUILDING
Est. value
$945,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
Heating
NONE
Buildings
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Richard Quarantello JR
Individual
Mailing address
30 WOODHULL ST, BROOKLYN, NY 11231-2628
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2016
$375,000
Richard Quarantello JR
Saner,nicholas W JR
Grant Deed
$281,250 · Gibraltar Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
