Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    18 Madison St Keyport, NJ 07735-1117
    Back to Search
    Property profile & analytics

    18 Madison St, Keyport, NJ 07735-1117

    View on Map
    • Industrial properties
    • 2.60 lot acres
    Off-Market
    Property ID
    US59-2298374
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 18 Madison St

    Lot size
    2.60 lot acres
    Zone code
    I
    Property type
    Industrial properties
    APN
    24 00001-0000-00007
    APU
    2400001000000007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 15, 2014 — 18 Madison St. Keyport Nj LP Empire Tax Fund IV LLC Tax Deed · related —
    Jan 21, 1998 — 18 Madison St. Mcmenaman,john D & Bernadette Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Keyport
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2069
    Latitude
    40.4259
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,957
    $490,200
    $36,200
    $526,400
    -
    $490,200
    $36,200
    $526,400

    Comparable in this City

    • Value Estimation
      $935,000
      9,904 SF

      800 Rose Ln

      INDUSTRIAL (GENERAL)
      800 Rose Ln, Union Beach, NJ 07735-3550
      View Details
    • Value Estimation
      $12,620,000
      119,008 SF

      3 Perry Cass

      INDUSTRIAL (GENERAL)
      3 Perry Cass, Keyport, NJ 07735
      View Details
    • Value Estimation
      $7,920,000
      55,764 SF

      120 Francis St

      INDUSTRIAL (GENERAL)
      120 Francis St, Keyport, NJ 07735-1363
      View Details
    • Value Estimation
      $1,050,000
      8,000 SF

      7 Industrial Dr

      INDUSTRIAL (GENERAL)
      7 Industrial Dr, Keyport, NJ 07735-6113
      View Details
    • Value Estimation
      $790,000
      8,000 SF

      11 Industrial Dr

      INDUSTRIAL (GENERAL)
      11 Industrial Dr, Keyport, NJ 07735-6113
      View Details
    • Value Estimation
      $4,970,000
      8,300 SF

      100 Clark St

      INDUSTRIAL (GENERAL)
      100 Clark St, Keyport, NJ 07735-1106
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,476 SF

      Mixed-Use Commercial Building For Sale

      Three-story mixed-use commercial building with retail and warehouse space.
      25 Church St, Keyport, NJ 07735
      View Details
    • Contact for pricing
      2,916 SF

      Turn-Key Office Space with Warehouse

      2900 sq ft office with warehouse in Union Beach.
      1400 Union Ave, Union Beach, NJ 07735
      View Details
    • Contact for pricing

      Vacant Commercial Lot Available

      Vacant commercial property available for sale or lease purchase.
      1213 State Route 36, Union Beach, NJ 07735
      View Details
    • $450,000
      0.02 Acres

      Mixed-Use Property in Downtown Keyport

      Charming mixed-use property in Keyport's vibrant business district.
      55 E Front St, Keyport, NJ 07735
      View Details
    • $1,175,000
      5,268 SF

      Mixed-Use Waterfront Investment

      Street-level retail with two whole-floor apartments offers diversified income potential and water-view appeal in a supply-constrained shore market.
      11 W Front St, Keyport, NJ 07735
      View Details
    • New
      $675,000
      3,200 SF

      Keyport Three-Family Near Waterfront

      Three-family property near Keyport's waterfront with income potential.
      41 Atlantic St, Keyport, NJ 07735
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse Space with Loading Dock

      Approximately 3400 SF warehouse space featuring a loading dock.
      3 Cass St #3400, Keyport, NJ 07735
      View Details
    • Contact for pricing

      Downtown Keyport Mixed-Use Property

      Charming mixed-use property in Keyport's vibrant business district.
      55 E Front St, Keyport, NJ 07735
      View Details
    • Contact for pricing
      12,000 SF

      Waterfront Space with NYC Views

      Unique waterfront space suitable for various commercial uses.
      17-21 W Front St, Keyport, NJ 07735
      View Details
    • Contact for pricing
      8,800 SF

      Waterfront Brick Bank with Deck

      Unique waterfront brick bank with high ceilings and new deck.
      25 W Front St, Keyport, NJ 07735
      View Details
    • $975,000
      6,500 SF

      Turnkey Restaurant Opportunity with License

      Established restaurant with liquor license and extensive improvements for sale.
      84 Broad St, Keyport, NJ 07735
      View Details
    • $2,125 /Mo
      4,792 SF

      Updated Office Space in Keyport

      Well-maintained commercial space with large window and full bath.
      347 Maple Pl, Keyport, NJ 07735
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18 Madison St
    Keyport, NJ 07735-1117
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    18 Madison St, Keyport, NJ, 07735
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!