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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Medical Office Space
179 Maple Ave Red Bank, NJ 07701-1726
Individually Owned
14-yr Hold
Free & Clear
Property ID
US59-0632165
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1901
Construction
FRAME
Total area
3,911 SF
Lot
0.32 ac (14,000 SF)
APN
39 00102-0000-00005
UPID
US59-0632165
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
$445k
CAP Approach
CAP
$895k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Bk Boro Red · 14 yrs held
Bk Boro Red
since 2011
7 recorded transactions
Zoning & alternative use
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 Red Bank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bank 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
by Request
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
$970,000
6.5%
$895,000
7%
$830,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$680,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$585,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$580,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10%
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
$171 / 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
$19,113
Tax year 2022
Assessed value
$1,005,100
Assessed 2023
Previous assessed
$1,005,100
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$348,800
Assessed improvement
$656,300
Land market value
$348,800
Improvement market value
$656,300
Total market value
$1,005,100
Applied tax rate
39.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1901
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
9
Bathrooms
3
Total area
3,911 SF
Lot
0.32 ac (14,000 SF)
APN
39 00102-0000-00005
UPID
US59-0632165
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$580,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1901
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
9
Bathrooms
3
Lot
0.32 ac
Current owner
From public records · entity-resolved
Bk Boro Red
Individual
Free & Clear · 14 yrs held
Mailing address
179 MAPLE AVE, RED BANK, NJ 07701-1726
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2021
—
Zeik Realty Holdings LLC
—
Deed
related
$400,000 · Union Cty Svgs
Dec 14, 2011
—
Bk Boro Red
Zeik Realty Holdings LLC
Grant Deed
related
—
Sep 28, 2010
$567,500
Zeik Realty Holdings LLC
Oberle,rosalie A
Grant Deed
related
$400,000 · Union County Savings Bank
—
—
Arthur J Oberle
—
Deed Of Trust
related
$95,000 · Amboy National Bank
—
—
Arthur J Oberle
—
Deed Of Trust
related
$1 · Amboy National Bank
—
—
Arthur J Oberle
—
Deed Of Trust
related
$1 · Amboy National Bank
—
—
Zeik Realty Holdings LLC
—
Deed Of Trust
related
$400,000 · Union Cty Svgs
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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