The property consists of vacant commercial land intended for build-to-suit development. It is located near major roadway access, with stated proximity to Route 18, the Garden State Parkway, and Highways 35 and 36, supporting convenient connectivity for future site planning. Development potential is supported by the land’s suitability for site-directed construction, subject to confirmation of specific development parameters and applicable local requirements with the relevant municipal or county authorities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?

$42k

Tax billed · 2022

Assessed value · 2023$2.72M

Assessed land$749k

Assessed improvement$1.97M

Effective rate1.54%

Value estimate

· Nov 2026

$310k

$279k – $341k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?

$206/SF

County average, outlier-cleaned · 54 recorded sales of this use type

Observed band · Q1–Q3$119 – $350

Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

IO35

JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency14.3

Restaurant13.4

Auto Repair Shop13.2

151 Tornillo Way Tinton Falls, NJ 07712-7541

County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 16 properties nearby

Address Sale price Sold Size

1301 Park, Ocean, NJ 07712-3190 $1,400,000 Jul 2024 13,886 SF

150 Tornillo, Tinton Falls, NJ 07712-7540 $700,000 Mar 2020 26,400 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$940,000

26,400 SF

150 Tornillo Way

INDUSTRIAL (GENERAL)

150 Tornillo Way, Tinton Falls, NJ 07712-7540

View Details
Value Estimation
$4,465,000

27,518 SF

101 Tornillo Way

INDUSTRIAL (GENERAL)

101 Tornillo Way, Ocean, NJ 07712-7521

View Details
Value Estimation
$2,290,000

27,955 SF

814 Asbury Ave

INDUSTRIAL (GENERAL)

814 Asbury Ave, Asbury Park, NJ 07712-6529

View Details
Value Estimation
$1,240,000

13,886 SF

1301 Park Ave

INDUSTRIAL (GENERAL)

1301 Park Ave, Ocean, NJ 07712-3190

View Details
Value Estimation
$4,280,000

54,325 SF

523 Main St

INDUSTRIAL (GENERAL)

523 Main St, Asbury Park, NJ 07712

View Details
Value Estimation
$175,000

5.82 Acres

5030 Shafto Rd

INDUSTRIAL (GENERAL)

5030 Shafto Rd, Tinton Falls, NJ 07712-7796

View Details

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$2,950,000

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The space is zoned for a variety of uses.

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A clear-span interior, drive-in bay, offices, and two restrooms support a range of permitted commercial uses.

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Versatile Flex Space

Commercial space near downtown Asbury Park with flexible use potential, public utilities, and on-street parking.

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The adaptable commercial layout can support distribution, storage, or light industrial operations.

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151 Tornillo Way Tinton Falls, NJ 07712

Property summary