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Property profile & analytics
OFF-MARKET
Estimated value
$3,715,000
Industrial properties
1303-1309 Hwy 34 Wall Township, NJ 07727
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-2230928
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1950
Total area
25,523 SF
Lot
11.45 ac (498,849 SF)
Zoning code
H200
APN
52 00913-0000-00009- 01
UPID
US59-2230928
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
$4.27M
CAP Approach
CAP
$3.77M
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$3.72M
Owner & transaction history
Marchese-ratner LLC · 5 yrs held
Marchese-ratner LLC
since 2020
Last sale
$3.3M
4 recorded transactions
Zoning & alternative use
H200 · Wall Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.1M
+38.4%
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 Wall Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wall Township 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
$4,030,000
ML approach
$4,270,000
CAP Approach
CAP Return
Estimation
6%
$4,080,000
6.5%
$3,765,000
7%
$3,495,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,390,000
Current use
COMMERCIAL (GENERAL)
$6,075,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$3.72M
Range $3.34M – $4.09M · ±10% · vs last sale $3.25M (Nov 17 2020)
Last sale anchor
$3.25M
Nov 17 2020
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
$146 / 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
$75,357
Tax year 2022
Assessed value
$3,719,500
Assessed 2023
Previous assessed
$3,719,500
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$1,855,200
Assessed improvement
$1,864,300
Land market value
$1,855,200
Improvement market value
$1,864,300
Total market value
$3,719,500
Applied tax rate
52.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1950
Heating
NONE
Total area
25,523 SF
Lot
11.45 ac (498,849 SF)
Zoning code
H200
APN
52 00913-0000-00009- 01
UPID
US59-2230928
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
H200 · Wall Township, NJ
Zoning H200 · permitted uses
H200 · Wall Township, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wall Township. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$6.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (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
1950
Heating
NONE
Lot
11.45 ac
Current owner
From public records · entity-resolved
Marchese-ratner LLC
Entity
Mailing address
702 JOLINE AVE, LONG BRANCH, NJ 07740-5833
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
—
Marchese-ratner LLC
Marchese-ratner LLC
Quit Claim Deed
related
—
Jul 29, 2020
$3,250,000
Marchese-ratner LLC
Joseph Fazzio Holdings LLC
Grant Deed
$2,600,000 · Provident Bk
Sep 24, 2010
—
Joseph Fazzio Holdings LLC
—
Deed Of Trust
related
$1,900,000 · Susquehanna Bk
Jan 8, 1999
$350,000
Wall Circle Assoc
Land Holding INC
Grant Deed
—
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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