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Property profile & analytics
FOR SALE
Commercial real estate
113 Tindall Rd Middletown, NJ 07748
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-2021832
For Sale
1 / 27
$1,250,000
113 Tindall Rd, Middletown, NJ 07748
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1908
Construction
FRAME
Total area
3,807 SF
Lot
1.47 ac (63,900 SF)
Zoning code
R-22
APN
32 00642-0000-00006- 03
UPID
US59-2021832
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
$1.07M
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.07M
Owner & transaction history
Cbs Tindall LLC · 3 yrs held
Cbs Tindall LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
R-22 · New Monmouth, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$1,100,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,085,000
Current use
OFFICE BUILDING
$940,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10% · vs last sale $1.05M (Sep 30 2022)
Last sale anchor
$1.05M
Sep 30 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
$280 / 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
$18,542
Tax year 2022
Assessed value
$1,074,600
Assessed 2023
Previous assessed
$1,074,600
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$338,100
Assessed improvement
$736,500
Land market value
$338,100
Improvement market value
$736,500
Total market value
$1,074,600
Applied tax rate
32.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1908
Construction
FRAME
Heating
NONE
Stories
2
Units
2
Total area
3,807 SF
Lot
1.47 ac (63,900 SF)
Zoning code
R-22
APN
32 00642-0000-00006- 03
UPID
US59-2021832
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-22 · New Monmouth, NJ
Zoning R-22 · permitted uses
R-22 · New Monmouth, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Monmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$940,000
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
Year built
1908
Construction
FRAME
Heating
NONE
Stories
2
Units
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
Cbs Tindall LLC
Entity
Mailing address
113 TINDALL RD, NEW MONMOUTH, NJ 07748-2321
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
$1,050,000
Cbs Tindall LLC
113 Tindall Road LLC
Deed
$840,000 · Columbia Bank
Jul 29, 2020
—
113 Tindall Road LLC
113 Tindall Road LLC
Quit Claim Deed
related
—
Feb 4, 2020
—
113 Tindall Road LLC
—
Deed
related
$45,000 · Two River Cmnty Bk
Jun 28, 2017
—
113 Tindall Road LLC
—
Deed
related
$1,250,000 · Two River Cmnty Bk
—
—
Robert J Becker
—
Deed Of Trust
related
$150,000 · First Union Nat'l Bk/ga
—
—
113 Tindall Road LLC
—
Deed Of Trust
related
$45,000 · Two River Cmnty Bk
—
—
113 Tindall Road LLC
—
Deed Of Trust
related
$1,250,000 · Two River Cmnty 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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