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Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Commercial real estate
1806 State Rte 35 Oakhurst, NJ 07755-2700
Entity Owned
15-yr Hold
Free & Clear
Property ID
US59-0704865
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Construction
CONCRETE BLOCKS
Total area
45,544 SF
Lot
3.29 ac (143,400 SF)
APN
37 00034-0000-00018
UPID
US59-0704865
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.05M
Owner & transaction history
1806 Hwy 35 Ocean Plaza LLC · 15 yrs held
1806 Hwy 35 Ocean Plaza LLC
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 Oakhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakhurst 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$111 / 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
$60,636
Tax year 2022
Assessed value
$3,522,300
Assessed 2023
Previous assessed
$3,522,300
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$1,480,500
Assessed improvement
$2,041,800
Land market value
$1,480,500
Improvement market value
$2,041,800
Total market value
$3,522,300
Applied tax rate
37.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1982
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
1
Stories
1
Total area
45,544 SF
Lot
3.29 ac (143,400 SF)
APN
37 00034-0000-00018
UPID
US59-0704865
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
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Buildings
1
Lot
3.29 ac
Current owner
From public records · entity-resolved
1806 Hwy 35 Ocean Plaza LLC
Entity
Free & Clear · 15 yrs held
Mailing address
2066 RICHMOND AVE, STATEN ISLAND, NY 10314-3960
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
Feb 26, 2026
—
1806 Hwy 35 Ocean Plaza LLC
—
Deed
related
$1,000,000 · United Wholesale Mortgage
Apr 11, 2017
—
1806 Hwy 35 Ocean Plaza LLC
—
Deed
related
$4,250,000 · Td Bk NA
Feb 1, 2011
$3,225,000
1806 Hwy 35 Ocean Plaza LLC
Dwek Solomon Trust
Quit Claim Deed
related
—
Apr 15, 2009
—
Amboy Bk
Amboy Bk
Quit Claim Deed
related
—
Nov 3, 2005
—
1806 Highway 35 LLC
—
Deed Of Trust
related
$18,000,000 · Hsbc Bank USA
—
—
1806 Hwy 35 Ocean Plaza LLC
—
Deed Of Trust
related
$2,205,000 · Td Bank NA
—
—
1806 Hwy 35 Ocean Plaza LLC
—
Loan Modification
related
$4,250,000 · Td Bk 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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