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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Residential income homes
136 James St Long Branch, NJ 07740-7437
Individually Owned
2-yr Hold
Property ID
US59-0090667
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1920
Total area
3,978 SF
Lot
0.5 ac (21,588 SF)
Zoning code
R-5
APN
27 00407-0000-00005- 01
UPID
US59-0090667
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$874k
Blend (final)
Blend
$660k
Owner & transaction history
Daniel F Lastra · 2 yrs held
Daniel F Lastra
since 2024
5 recorded transactions
Zoning & alternative use
R-5 · Long Branch, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
5-20 R-1 Residential District. § 345-21 R-2 Residential District. § 345-21.1 Non-Profit Institute of Higher Learning Overlay District (MUO). § 345-22 R-3 Residential District. § 345-23 R-4 Residential District. § 345-24 R-5 Residential District. § 345-25 R-6 Residential District. § 345-26 R-7 Riverfront Mixed Residential District. § 345-27 (Reserved) § 345-2…
Zone name
One To Four Family And Townhouse Residential
General category
RESIDENTIAL
Zone area
394.17 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 Long Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Branch 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)
$1,050,000
Current use
OFFICE BUILDING
$980,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$950,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$166 / 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
$9,178
Tax year 2022
Assessed value
$580,000
Assessed 2023
Previous assessed
$580,000
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$490,600
Assessed improvement
$89,400
Land market value
$490,600
Improvement market value
$89,400
Total market value
$580,000
Applied tax rate
27.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
3,978 SF
Lot
0.5 ac (21,588 SF)
Zoning code
R-5
APN
27 00407-0000-00005- 01
UPID
US59-0090667
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-5 · Long Branch, NJZoning R-5 · permitted uses
R-5 · Long Branch, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
5-20 R-1 Residential District. § 345-21 R-2 Residential District. § 345-21.1 Non-Profit Institute of Higher Learning Overlay District (MUO). § 345-22 R-3 Residential District. § 345-23 R-4 Residential District. § 345-24 R-5 Residential District. § 345-25 R-6 Residential District. § 345-26 R-7 Riverfront Mixed Residential District. § 345-27 (Reserved) § 345-28 RC-1 Beachfront Mixed. § 345-29 RC-2 Riverfront Residential Commercial Zone. § 34
Zone name
One To Four Family And Townhouse Residential
General category
RESIDENTIAL
Zone area
394.17 ac
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$980,000
COMMERCIAL (GENERAL)
Est. value
$950,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
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
1920
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Daniel F Lastra
Individual
Mailing address
39 LENOX RD, ROCKAWAY, NJ 07866-2255
Ownership since
2024
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
Jun 5, 2024
—
Daniel F Lastra
Daniel F Lastra
Intrafamily Transfer
related
—
Jul 26, 2002
$1
Moshe Mendlowitz
H T Equities LLC
Grant Deed
related
—
Dec 6, 2000
$1
Bankers Trust
Oxley,joseph W
Trustees Deed
related
—
Dec 6, 2000
$115,000
Ht Equities LLC
Bankers Trust Co Of California
Grant Deed
related
—
—
—
Moshe Mendlowitz
—
Deed Of Trust
related
$185,500 · Wells Fargo Hm Mtg
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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