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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Commercial real estate
12 End Ct Long Branch, NJ 07740
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-3106728
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1941
Total area
7,723 SF
Lot
0.07 ac (3,245 SF)
Zoning code
C-3
APN
27 00124-0000-00009
UPID
US59-3106728
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
$1.68M
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.69M
Owner & transaction history
Menachem Learning Institute INC · 3 yrs held
Menachem Learning Institute INC
since 2023
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
C-3 · Long Branch, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-3 Neighborhood Commercial District. § 345-32.1 West End Design Overlay (WEDO) District regulations. § 345-33
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
22.71 ac
Top alternative use upside
Apartment house (5+ units)
$2.0M
+10.4%
Office building
$1.9M
+3.0%
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 Long Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Branch 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
$1,650,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
$1,740,000
6.5%
$1,605,000
7%
$1,490,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,850,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,040,000
Change: +10% · Conversion: Moderate
OFFICE BUILDING
$1,905,000
Change: +3% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,590,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±10% · vs last sale $1.75M (Mar 3 2023)
Last sale anchor
$1.75M
Mar 3 2023
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
$218 / 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
$22,414
Tax year 2022
Assessed value
$1,351,500
Assessed 2023
Previous assessed
$1,351,500
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$311,000
Assessed improvement
$1,040,500
Land market value
$311,000
Improvement market value
$1,040,500
Total market value
$1,351,500
Applied tax rate
27.0000
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
Off-Market
Year built
1941
Heating
NONE
Buildings
1
Total area
7,723 SF
Lot
0.07 ac (3,245 SF)
Zoning code
C-3
APN
27 00124-0000-00009
UPID
US59-3106728
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C-3 · Long Branch, NJZoning C-3 · permitted uses
C-3 · Long Branch, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-3 Neighborhood Commercial District. § 345-32.1 West End Design Overlay (WEDO) District regulations. § 345-33
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
22.71 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1941
Heating
NONE
Buildings
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Menachem Learning Institute INC
Entity
Mailing address
620 OCEAN AVE, LONG BRANCH, NJ 07740-5105
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
$1,750,000
Menachem Learning Institute INC
Atlantic Realty Group LLC
Deed
—
—
—
Atlantic Realty Group LLC
—
Deed Of Trust
related
$214,862 · Kearny Bk
—
—
Atlantic Realty Group LLC
—
Deed Of Trust
related
$386,770 · Kearny Bk
—
—
Atlantic Realty Group LLC
—
Deed Of Trust
related
$175,000 · Kearny Fsb
—
—
Atlantic Realty Group LLC
—
Deed Of Trust
related
$721,500 · Monmouth Community Bank
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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