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Property profile & analytics
OFF-MARKET
Estimated value
$3,525,000
Office buildings
1305 Campus Pkwy Wall Township, NJ 07753-6819
Entity Owned
8-yr Hold
Free & Clear
Property ID
US59-0714710
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
21,500 SF
Lot
5.64 ac (245,504 SF)
Zoning code
OR10
APN
52 00930-0000-00039
UPID
US59-0714710
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
-
Creative Risk Management LLC Insurance Agency
-
Creative Financial Group Financial Advisor
-
Joseph Silvestri Bank Credit Union
-
Gega Antoinette Insurance Agency
-
anthony canderozzi Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$3.53M
Owner & transaction history
Monmouth Shrs Pk Realty II LLC · 8 yrs held
Monmouth Shrs Pk Realty II LLC
since 2018
5 recorded transactions
Zoning & alternative use
OR10 · Wall Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,680,000
Change: -17% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,560,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$3.53M
Range $3.17M – $3.88M · ±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
$164 / 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
$70,792
Tax year 2022
Assessed value
$3,494,200
Assessed 2023
Previous assessed
$3,494,200
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$761,400
Assessed improvement
$2,732,800
Land market value
$761,400
Improvement market value
$2,732,800
Total market value
$3,494,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Heating
NONE
Buildings
1
Units
1
Total area
21,500 SF
Lot
5.64 ac (245,504 SF)
Zoning code
OR10
APN
52 00930-0000-00039
UPID
US59-0714710
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
OR10 · Wall Township, NJ
Zoning OR10 · permitted uses
OR10 · 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
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
1988
Heating
NONE
Buildings
1
Units
1
Lot
5.64 ac
Current owner
From public records · entity-resolved
Monmouth Shrs Pk Realty II LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1000TH LK ST, RAMSEY, NJ 07446-1284
Ownership since
2018
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
May 28, 2020
—
Monmouth Shrs Pk Realty II LLC
—
Deed
related
$26,130,000 · American Heritage FCU
Apr 10, 2018
$1,840,000
Monmouth Shrs Pk Realty II LLC
Monmouth Of Atlantic Realty Assoc
Grant Deed
related
—
Sep 29, 2010
$44,120
County Of Monmouth
Monmouth Of Atlantic Realty Assoc
Grant Deed
related
—
—
—
Monmouth Shrs Pk Realty II LLC
—
Deed Of Trust
related
$26,130,000 · American Heritage FCU
—
—
Monmouth Shrs Pk Realty II LLC
—
Deed Of Trust
related
$26,130,000 · American Heritage FCU
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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