Technical
Financial
Distress signals
Property profile

1451 Rte 88 Brick, NJ 08724

OFF-MARKET
Residential income homes
Property ID
US59-1272322
988 SF 5.04 ac lot Built 1965
Entity Owned 4-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1965
Construction BRICK
Total area 988 SF
Lot 5.04 ac (219,542 SF)
Zoning code B1
APN 07 00755-0000-00015
UPID US59-1272322

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1451 Rte 88 Brick, NJ 08724-2371
Brick metro Census 713402 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.94M

Owner & transaction history

since 2022
Last sale
$9.3M
7 recorded transactions
2022
$9.3M
2022
Price N/A
2017
Price N/A
2014
$6.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B1 · Brick, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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