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Property profile & analytics
OFF-MARKET Estimated value $590,000
Commercial real estate

1105 Un Ave Union Beach, NJ 07735-3403

4,496 SF 0.08 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-0352346
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 4,496 SF
Lot 0.08 ac (3,680 SF)
Zoning code R-8
APN 50 00192-0000-00008
UPID US59-0352346
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
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$587k
Blend (final) Blend
$590k
Owner & transaction history
Simon Realty 1 LLC · 2 yrs held
Simon Realty 1 LLC
since 2023
Last sale
$600,000
7 recorded transactions
2023
$600,000
2022
$549,000
2018
Price N/A
2017
Price N/A
2016
$22,013
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R-8 · Union Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

,3 and 13-10.9d,1, or emergency or temporary structures in the R-8 Residential Zone for an initial period not exceeding six months, or as extended up to three months, as provided in subsection 13-10.4d ,9 of this chapter, Temporary Uses and Structures, while a principal building is being repaired or modified. f. No accessory building shall be used for reside…

Zone name Residential
General category RESIDENTIAL
Zone area 714.41 ac
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