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Property profile & analytics
FOR SALE
Industrial properties
151 Tornillo Way Tinton Falls, NJ 07712-7541
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US59-1948974
No photos on file
For Sale
Contact for pricing
151 Tornillo Way, Tinton Falls, NJ 07712-7541
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2022
Total area
23,600 SF
Lot
3.33 ac (145,055 SF)
Zoning code
IO35
APN
49 00120- 02-00001- 05
UPID
US59-1948974
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
by Request
Blend (final)
Blend
$310k
Owner & transaction history
Denholtz Tornillo 151 LLC · 6 yrs held
Denholtz Tornillo 151 LLC
since 2020
Last sale
$250,000
3 recorded transactions
Zoning & alternative use
IO35 · Tinton Falls, NJ
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 Tinton Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tinton Falls 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
$310,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$310k
Range $279k – $341k · ±10% · vs last sale $250k (Jul 23 2020)
Last sale anchor
$250k
Jul 23 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
$13 / 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
$41,906
Tax year 2022
Assessed value
$2,723,000
Assessed 2023
Previous assessed
$2,723,000
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$749,300
Assessed improvement
$1,973,700
Land market value
$749,300
Improvement market value
$1,973,700
Total market value
$2,723,000
Applied tax rate
49.0000
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
For Sale
Year built
2022
Heating
NONE
Buildings
1
Total area
23,600 SF
Lot
3.33 ac (145,055 SF)
Zoning code
IO35
APN
49 00120- 02-00001- 05
UPID
US59-1948974
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
IO35 · Tinton Falls, NJZoning IO35 · permitted uses
IO35 · Tinton Falls, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Tinton Falls, NJ - Zoning
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Buildings
1
Lot
3.33 ac
Current owner
From public records · entity-resolved
Denholtz Tornillo 151 LLC
Entity
Mailing address
151 TORNILLO WAY, TINTON FALLS, NJ 07712-7541
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2022
—
Denholtz Tornillo 151 LLC
—
Deed
related
$3,970,000 · Spencer Savings Bank Sla
Jun 16, 2021
—
Denholtz Totnillo 151 LLC
—
Deed
related
$3,300,000 · M & T Bank
Jul 23, 2020
$250,000
Denholtz Tornillo 151 LLC
Tormee Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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