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Property profile & analytics
OFF-MARKET
Commercial real estate
195 1st Ave Atlantic Highlands, NJ 07716-1219
Individually Owned
Free & Clear
Property ID
US59-2096772
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
186 SF
Lot
0.12 ac (5,045 SF)
Zoning code
1
APN
05 00106-0000-00001
UPID
US59-2096772
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
by Request
Owner & transaction history
Mignon Devens
Mignon Devens
since 2026
7 recorded transactions
Zoning & alternative use
1 · Atlantic Highlands, 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 Atlantic Highlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic Highlands 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
—
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
$13,556
Tax year 2022
Assessed value
$705,600
Assessed 2023
Previous assessed
$705,600
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$616,600
Assessed improvement
$89,000
Land market value
$616,600
Improvement market value
$89,000
Total market value
$705,600
Applied tax rate
5.0000
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
Heating
NONE
Buildings
1
Total area
186 SF
Lot
0.12 ac (5,045 SF)
Zoning code
1
APN
05 00106-0000-00001
UPID
US59-2096772
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
1 · Atlantic Highlands, NJ
Zoning 1 · permitted uses
1 · Atlantic Highlands, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic Highlands. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Mignon Devens
Individual
Free & Clear · 0 yrs held
Mailing address
195 1ST AVE, ATLANTIC HIGHLANDS, NJ 07716-1219
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2026
$500,000
Mignon Devens
Thomas Auletta
Deed
—
Nov 25, 2025
—
Susan Ann Pinger Ellis
—
Deed
related
$26,000 · Amboy Bank
Aug 1, 2025
$370,000
Not Available From The Data Source
Not Available From The Data Source
Deed
related
—
Jun 16, 2025
—
Bey Parenti Tema
—
Deed
related
$50,000 · United Teletech Financial FCU
Apr 2, 2025
—
Oscar Schofield
—
Deed
related
$42,000 · Homebridge Financial Services INC
Dec 16, 2015
$450,000
Jugraj Gas LLC
Valley Drive Station INC
Grant Deed
$330,000 · Valley Drive Station INC
Oct 28, 2015
—
Valley Drive Station INC
Fineli,gloria
Quit Claim Deed
related
—
Sep 24, 2015
—
Valley Drive Station INC
Brasile John C
Quit Claim Deed
related
—
Jul 20, 2011
—
Motiva Ents LLC
Motiva Ents LLC
Quit Claim Deed
related
—
Feb 10, 2006
—
Valley Drive Station INC
Sena,thelma M
Quit Claim Deed
related
—
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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