Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Commercial real estate
13 Washington St Toms River, NJ 08753-7630
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-0175160
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Construction
CONCRETE BLOCKS
Total area
14,401 SF
Lot
0.25 ac (10,890 SF)
Zoning code
VB
APN
08 00662-0000-00003
UPID
US59-0175160
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
-
Garden State Distillery Brewery & Distillery Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.63M
Owner & transaction history
J F M Investments LLC · 23 yrs held
J F M Investments LLC
since 2002
7 recorded transactions
Zoning & alternative use
VB · Toms River, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
in that portion of the zone west of the rear line of the properties fronting on the west side of Main Street south of Irons Street and all properties north of Irons Street zoned VB Village Business, except that a new use that occupies an existing building or portion thereof shall not be required to provide off-street loading, provided that the building is no…
Zone name
Village Business Zone
General category
COMMERCIAL
Zone area
122.67 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 Toms River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toms River 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±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
$113 / 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
$32,033
Tax year 2022
Assessed value
$1,762,000
Assessed 2023
Previous assessed
$1,762,000
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$600,000
Assessed improvement
$1,162,000
Land market value
$600,000
Improvement market value
$1,162,000
Total market value
$1,762,000
Applied tax rate
8.0000
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
1910
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
3
Units
1
Total area
14,401 SF
Lot
0.25 ac (10,890 SF)
Zoning code
VB
APN
08 00662-0000-00003
UPID
US59-0175160
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
VB · Toms River, NJZoning VB · permitted uses
VB · Toms River, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
in that portion of the zone west of the rear line of the properties fronting on the west side of Main Street south of Irons Street and all properties north of Irons Street zoned VB Village Business, except that a new use that occupies an existing building or portion thereof shall not be required to provide off-street loading, provided that the building is not being expanded to accommodate the new use, and provided that any existing loading area previously dedicated to the building or portion thereof remains so dedicated following occupancy by the new use. C. Permitted accessory uses. (1) Fences subject to the provisions of § 348-8.13 . (2) Signs subject to the provisions of § 348-8.26 . (3) Other customary accessory uses and buildings which are clearly incidental to the principal use and building. (4) Outdoor cafes, subject to the provisions of § 348-8.41 . [Added 12-27-2006 by Ord. No. 4064-06 ] D. Conditional uses subject to the provisions of Article IX of this chapter. (1) Public utilities (§ 348-9.6 ). (2) (Reserved) [1] [1]
Zone name
Village Business Zone
General category
COMMERCIAL
Zone area
122.67 ac
Building & site characteristics
From public records
Year built
1910
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
3
Units
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
J F M Investments LLC
Entity
Mailing address
3304 CHURCHILL DR, TOMS RIVER, NJ 08753-4814
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
—
Jfm Investments LLC
—
Deed
related
$150,000 · Provident Bank
Jan 11, 2018
—
Jfm Investment LLC
—
Deed
related
$700,000 · Shore Cmnty Bk
Dec 13, 2017
—
Gourmet Pizza INC
—
Deed
related
$25,000 · Jfm Investment LLC
Sep 23, 2002
$660,000
J F M Investments LLC
River City Investments LLC
Grant Deed
$540,000 · Wachovia Bank NA
—
—
Jfm Investment LLC
—
Deed Of Trust
related
$100,000 · Wachovia Bank NA
—
—
Jfm Investments LLC
—
Deed Of Trust
related
$60,000 · Td Bank NA
—
—
Jfm Investment LLC
—
Deed Of Trust
related
$700,000 · Shore Cmnty Bk
—
—
Jfm Investments LLC
—
Deed Of Trust
related
$30,000 · Td Bank NA
—
—
Jfm Investments LLC
—
Deed Of Trust
related
$60,000 · Td Bank NA
—
—
Jfm Investments LLC
—
Deed Of Trust
related
$925,000 · Td Bank NA
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 13 Washington St?
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.
