Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Retail space
120 Sylvania Ave Neptune City, NJ 07753-6387
Individually Owned
Absentee Owner
Free & Clear
Property ID
US59-1549617
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
CONCRETE BLOCKS
Total area
4,200 SF
Lot
0.27 ac (11,948 SF)
Zoning code
RLC
APN
36 00088-0000-00007
UPID
US59-1549617
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
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
RLC · Neptune City, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Single Family Residential Zone. § 139-34 R-2 High Density Residential Zone. § 139-35 R-1T Single Family Residential/Townhouse Zone. § 139-36 R-2T Residential Townhouse Zone. § 139-37 R-2M Mobile Home District. § 139-38 RLC Residential Limited Commercial Zone. § 139-39 RC Residential Commercial Zone. § 139-40 HC Highway Commercial Zone. § 139-41 C Commercial…
Zone name
Residential Limited Commercial
General category
COMMERCIAL
Zone area
16.74 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 Neptune City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Neptune City 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
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$275k
Range $248k – $303k · ±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
$65 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,663
Tax year 2023
Assessed value
$453,800
Assessed 2024
Previous assessed
$453,800
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$167,400
Assessed improvement
$286,400
Land market value
$167,400
Improvement market value
$286,400
Total market value
$453,800
Applied tax rate
36.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
1
Stories
1
Total area
4,200 SF
Lot
0.27 ac (11,948 SF)
Zoning code
RLC
APN
36 00088-0000-00007
UPID
US59-1549617
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
RLC · Neptune City, NJZoning RLC · permitted uses
RLC · Neptune City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Single Family Residential Zone. § 139-34 R-2 High Density Residential Zone. § 139-35 R-1T Single Family Residential/Townhouse Zone. § 139-36 R-2T Residential Townhouse Zone. § 139-37 R-2M Mobile Home District. § 139-38 RLC Residential Limited Commercial Zone. § 139-39 RC Residential Commercial Zone. § 139-40 HC Highway Commercial Zone. § 139-41 C Commercial Zone. § 139-42 I Industrial Zone. § 139-43 through § 139-46. (Reserved) Article V
Zone name
Residential Limited Commercial
General category
COMMERCIAL
Zone area
16.74 ac
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Buildings
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
NOT AVAILABLE FROM DATA SOURCE
Individual
Free & Clear · 0 yrs held
Mailing address
9 WREN CT, MIDDLETOWN, NJ 07748-3240
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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 120 Sylvania Ave?
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.
