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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Office buildings
156 Commodore Blvd Jackson, NJ 08527-3083
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-1231044
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
7,000 SF
Lot
2.44 ac (106,286 SF)
Zoning code
HC
APN
12 02202-0000-00003
UPID
US59-1231044
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
$1.65M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.40M
Owner & transaction history
Zysr LLC · 5 yrs held
Zysr LLC
since 2021
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
HC · Jackson, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.0M
+19.3%
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$1,625,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
$1,905,000
6.5%
$1,760,000
7%
$1,630,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,665,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,985,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.30M (Apr 5 2021)
Last sale anchor
$1.30M
Apr 5 2021
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
$199 / 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
$17,881
Tax year 2022
Assessed value
$712,100
Assessed 2023
Previous assessed
$712,100
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$339,000
Assessed improvement
$373,100
Land market value
$339,000
Improvement market value
$373,100
Total market value
$712,100
Applied tax rate
12.0000
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
Heating
NONE
Units
1
Total area
7,000 SF
Lot
2.44 ac (106,286 SF)
Zoning code
HC
APN
12 02202-0000-00003
UPID
US59-1231044
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
HC · Jackson, NJ
Zoning HC · permitted uses
HC · Jackson, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
Heating
NONE
Units
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
Zysr LLC
Entity
Mailing address
156 E COMMODORE BLVD, JACKSON, NJ 08527-3083
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2021
$1,300,000
Zysr LLC
Empire Investment Group LLC
Deed
$975,000 · First Commerce Bank
Jul 26, 2016
$700,000
Empire Investment Group LLC
Mer-lis Management INC
Grant Deed
$560,000 · Santander Bk NA
Mar 31, 2005
—
Mer-lis Management INC
—
Trustees Deed
related
$200,000 · Crown Bank
Aug 19, 2002
—
Mer Lis Management INC
Gagliano,patrick
Grant Deed
$350,000 · Sovereign Bank
Nov 6, 1998
$260,000
Patrick Gagliano
Jackrel,ted D & Debra
Grant Deed
$180,000 · First State Bank
—
—
Empire Investment Group LLC
—
Deed Of Trust
related
$956,250 · Valley Nat'l Bk
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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