Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1212 Wall Rd Spring Lake, NJ 07762-2430

    • Residential income homes
    • 1,600 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US59-0568172
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1212 Wall Rd

    Year built
    1929
    Lot size
    0.28 lot acres
    Property size
    1,600 SF
    Zone code
    R-3
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    48 00048-0000-00027
    APU
    4800048000000027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $360,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $285,000
      Mixed-Use
      $285,000
      Hospitality
      $335,000
      Educational
      $300,000
      Residential Income
      $290,000
      Energy
      $310,000
      Income-Based Land
      $305,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Spring Lake
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0479
    Latitude
    40.1596
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,790
    $442,000
    $243,600
    $685,600
    -
    $442,000
    $243,600
    $685,600

    Comparable in this City

    • Value Estimation by Request
      2,637 SF

      1900 Old Mill Rd

      Multifamily properties • 2,637 SF
      1900 Old Mill Rd, Spring Lake, NJ 07762
      View Details
    • Value Estimation by Request
      11,045 SF

      1906 State Rte 35

      COMMERCIAL (GENERAL) • 11,045 SF
      1906 State Rte 35, Spring Lake, NJ 07762
      View Details
    • Value Estimation by Request
      3,404 SF

      405 State Rte 71

      COMMERCIAL (GENERAL) • 3,404 SF
      405 State Rte 71, Spring Lake, NJ 07762-1830
      View Details
    • Value Estimation by Request
      15,482 SF

      415 State Rte 71

      COMMERCIAL (GENERAL) • 15,482 SF
      415 State Rte 71, Spring Lake, NJ 07762-1830
      View Details
    • Value Estimation by Request
      3,480 SF

      700 Allaire Rd

      COMMERCIAL (GENERAL) • 3,480 SF
      700 Allaire Rd, Spring Lake, NJ 07762-2289
      View Details
    • Value Estimation by Request

      2018 Nj-71

      Office Properties & Spaces
      2018 Nj-71, Spring Lake Heights, NJ 07762
      View Details

    Similar Nearby for Sale

    • $1,400,000
      2,637 SF

      Prime Mixed-Use Investment

      Wall Twp NJ corner property, high visibility.
      1900 Old Ml Rd, Spring Lake, NJ 07762
      View Details
    • $919,000
      1,244 SF

      Large Lot in Spring Lake

      Rare opportunity to build your dream home on a large lot.
      905 Wall Rd, Spring Lake Heights, NJ 07762
      View Details
    • $4,750,000
      Pending

      Spring Lake Beach Block Land

      Premier corner lot near boardwalk, South End Pavilion, and lake.
      20 Sussex Ave, Spring Lake, NJ 07762
      View Details
    • $75,000

      Established Business For Sale

      Business for sale with loyal client base in Spring Lake.
      1406 3Rd Ave, Wall Township, NJ 07762
      View Details
    • $4,950,000

      Beach Block Lot in Spring Lake

      Residential land near boardwalk, ideal for custom home construction.
      16 Sussex Ave, Spring Lake, NJ 07762
      View Details
    • New
      $799,000
      Pending

      Renovated Office Space in Spring Lake

      Turn-key, 1,750 sq ft office in Spring Lake's business district.
      309 Morris Ave, Spring Lake, NJ 07762
      View Details

    Similar Nearby for Lease

    • $20,000 /Mo

      Renovated Two-Family Home with Pool

      Contemporary 6-bedroom home with pool, spa, and flexible layout.
      2112 Edgewood Pl, Spring Lake, NJ 07762
      View Details
    • $3,700 /Mo
      1,555 SF

      Spring Lake Heights Office Space

      Office space available for lease in Spring Lake Heights.
      804 State Route 71, Wall Township, NJ 07762
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1212 Wall Rd
    Spring Lake, NJ 07762-2430
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.