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Property profile & analytics
FOR SALE
Grocery and convenience stores
1191 Sycamore Ave Tinton Falls, NJ 07724
Entity Owned
18-yr Hold
Free & Clear
Property ID
US59-1507029
For Sale
1 / 14
$825,000
1191 Sycamore Ave, Tinton Falls, NJ 07724
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1963
Construction
BRICK
Total area
1,189 SF
Lot
0.39 ac (16,800 SF)
Zoning code
NC
APN
49 00067- 01-00003
UPID
US59-1507029
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
-
Product Photography Tinton Falls Marketing & Advertising Advertising Agency
-
Tinton Falls Deli Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$370k
Owner & transaction history
Jsmp-tinton Falls LLC · 18 yrs held
Jsmp-tinton Falls LLC
since 2008
1 recorded transaction
Zoning & alternative use
NC · Tinton Falls, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
dustrial Office Park Zone. Ord. No. 2016-1404: The Zoning Map of the Borough of Tinton Falls is hereby supplemented and amended to reflect the rezoning of Block 120, Lot 21.01 from the IOP- Industrial Office Park to the NC- Neighborhood Commercial Zone. Ord. No. 2020-1464: The Zoning Map of the Borough of Tinton Falls is hereby supplemented and amended to re…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
109.34 ac
Source
Tinton Falls, NJ - Zoning
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 Tinton Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tinton Falls 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
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$370k
Range $333k – $407k · ±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
$311 / 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
$10,041
Tax year 2022
Assessed value
$637,400
Assessed 2023
Previous assessed
$637,400
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$501,600
Assessed improvement
$135,800
Land market value
$501,600
Improvement market value
$135,800
Total market value
$637,400
Applied tax rate
49.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1963
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Total area
1,189 SF
Lot
0.39 ac (16,800 SF)
Zoning code
NC
APN
49 00067- 01-00003
UPID
US59-1507029
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
NC · Tinton Falls, NJZoning NC · permitted uses
NC · Tinton Falls, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
dustrial Office Park Zone. Ord. No. 2016-1404: The Zoning Map of the Borough of Tinton Falls is hereby supplemented and amended to reflect the rezoning of Block 120, Lot 21.01 from the IOP- Industrial Office Park to the NC- Neighborhood Commercial Zone. Ord. No. 2020-1464: The Zoning Map of the Borough of Tinton Falls is hereby supplemented and amended to reflect the rezoning of the following properties from the Neighborhood Commercial (N
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
109.34 ac
Source
Tinton Falls, NJ - Zoning
Building & site characteristics
From public records
Year built
1963
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Jsmp-tinton Falls LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1191 SYCAMORE AVE, TINTON FALLS, NJ 07724-3281
Ownership since
2008
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
Apr 8, 2008
—
Jsmp-tinton Falls LLC
Alexander,margaret A
Grant Deed
related
—
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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