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Property profile & analytics
FOR SALE
Commercial real estate
6 Bayshore Plz Atlantic Highlands, NJ 07716
Entity Owned
9-yr Hold
Free & Clear
Property ID
US59-1922503
For Sale
$350,000
6 Bayshore Plz, Atlantic Highlands, NJ 07716
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
49,588 SF
Lot
2.82 ac (122,839 SF)
Zoning code
HB
APN
05 00104-0000-00001
UPID
US59-1922503
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
$10.30M
Comparable Approach
Comparable
$8.60M
Blend (final)
Blend
$8.01M
Owner & transaction history
Bayshore Plaza LLC · 9 yrs held
Bayshore Plaza LLC
since 2016
1 recorded transaction
Zoning & alternative use
HB · Atlantic Highlands, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$13.1M
+34.8%
Office building
$12.2M
+25.8%
Industrial (general)
$10.2M
+5.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,155,000
6.5%
$10,300,000
7%
$9,565,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,720,000
Current use
APARTMENT HOUSE (5+ UNITS)
$13,105,000
Change: +35% · Conversion: Moderate
OFFICE BUILDING
$12,225,000
Change: +26% · Conversion: Easy
INDUSTRIAL (GENERAL)
$10,220,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$8.01M
Range $7.21M – $8.81M · ±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
$162 / 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
$128,154
Tax year 2022
Assessed value
$7,352,600
Assessed 2023
Previous assessed
$7,352,600
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$2,475,400
Assessed improvement
$4,877,200
Land market value
$2,475,400
Improvement market value
$4,877,200
Total market value
$7,352,600
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
For Sale
Heating
NONE
Buildings
1
Total area
49,588 SF
Lot
2.82 ac (122,839 SF)
Zoning code
HB
APN
05 00104-0000-00001
UPID
US59-1922503
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
HB · Atlantic Highlands, NJ
Zoning HB · permitted uses
HB · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$9.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.1M
OFFICE BUILDING
Est. value
$12.2M
INDUSTRIAL (GENERAL)
Est. value
$10.2M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (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
Heating
NONE
Buildings
1
Lot
2.82 ac
Current owner
From public records · entity-resolved
Bayshore Plaza LLC
Entity
Free & Clear · 9 yrs held
Mailing address
39 AVE AT THE CMN STE #200, SHREWSBURY, NJ 07702-4587
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2016
—
Bayshore Plaza LLC
Casriel Carl
Grant 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.
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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