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Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Commercial real estate
17 Kearney Ave Seaside Heights, NJ 08751-1921
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0122909
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Construction
CONCRETE BLOCKS
Total area
9,020 SF
Lot
0.18 ac (8,000 SF)
Zoning code
R
APN
27 00038-0000-00042
UPID
US59-0122909
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
$2.01M
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$2.01M
Owner & transaction history
Kaspur LLC · 1 yrs held
Kaspur LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
R · Seaside Heights, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Seaside Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seaside Heights 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
$2,010,000
ML approach
$2,010,000
CAP Approach
CAP Return
Estimation
6%
$1,735,000
6.5%
$1,605,000
7%
$1,490,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,115,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,560,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10% · vs last sale $2.01M (Jan 24 2024)
Last sale anchor
$2.01M
Jan 24 2024
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
$223 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$34,926
Tax year 2023
Assessed value
$1,240,700
Assessed 2024
Previous assessed
$1,240,700
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$260,000
Assessed improvement
$980,700
Land market value
$260,000
Improvement market value
$980,700
Total market value
$1,240,700
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
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
4
Units
1
Total area
9,020 SF
Lot
0.18 ac (8,000 SF)
Zoning code
R
APN
27 00038-0000-00042
UPID
US59-0122909
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R · Seaside Heights, NJ
Zoning R · permitted uses
R · Seaside Heights, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seaside Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
COMMERCIAL (GENERAL) 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
Year built
1970
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
4
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Kaspur LLC
Entity
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2025
—
Kaspur LLC
—
Deed
related
$5,850,000 · New Millennium Bank
Nov 20, 2024
—
Kaspur LLC
Kaspur LLC
Deed
related
—
Jan 24, 2024
$16,151
Krish Crystal LLC
County Of Ocean
Redemption Deed
related
—
Jan 23, 2024
$2,010,000
Kaspur LLC
Krish Crystal LLC
Deed
—
Feb 19, 2009
—
Krish-crystal LLC
—
Deed Of Trust
related
$1,447,414 · Td Bank NA
Jan 5, 2005
$950,000
Krish Crystal LLC
Clint Knoble
Bargain And Sale Deed
$1,700,000 · Commerce Bank NA
—
—
Clint Knoble
—
Deed Of Trust
related
$100,000 · Oceanfirst Bank
—
—
Krish-crystal LLC
—
Loan Modification
related
$1,700,000 · Td Bank NA
—
—
Sara B Scudieri
—
Deed Of Trust
related
$43,860 · First Union National Bank
—
—
James W Knobis
—
Deed Of Trust
related
$600,000 · Oceanfirst Bank
—
—
Clint Knoble
—
Deed Of Trust
related
$3,300,000 · Commerce Bank Shore NA
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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