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Property profile & analytics
OFF-MARKET
Office buildings
2 79th St Harvey Cedars, NJ 08008-5915
Entity Owned
Free & Clear
Property ID
US59-0541009
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
FRAME
Total area
1,248 SF
Lot
0.11 ac (4,600 SF)
Zoning code
LC
APN
10 00057-0000-00013
UPID
US59-0541009
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
Lbi Partners INC
Lbi Partners INC
since 2025
5 recorded transactions
Zoning & alternative use
LC · Harvey Cedars, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
LC Limited Commercial District MC Marine Commercial District RS Residential Boat Slip District § 13-7. GENERAL REGULATIONS. § 13-7.1. Zoning Affects Every Use and Structure. [Ord. No. 2001-02] Except as previously or hereinafter provided, it shall be unlawful to locate,relocate, erect, construct, reconstruct, enlarge or structurally alter any buildingor stru…
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
4.40 ac
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 Harvey Cedars submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harvey Cedars 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
$4,541
Tax year 2022
Assessed value
$469,600
Assessed 2023
Previous assessed
$469,600
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$396,000
Assessed improvement
$73,600
Land market value
$396,000
Improvement market value
$73,600
Total market value
$469,600
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1964
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Total area
1,248 SF
Lot
0.11 ac (4,600 SF)
Zoning code
LC
APN
10 00057-0000-00013
UPID
US59-0541009
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LC · Harvey Cedars, NJZoning LC · permitted uses
LC · Harvey Cedars, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
LC Limited Commercial District MC Marine Commercial District RS Residential Boat Slip District § 13-7. GENERAL REGULATIONS. § 13-7.1. Zoning Affects Every Use and Structure. [Ord. No. 2001-02] Except as previously or hereinafter provided, it shall be unlawful to locate,relocate, erect, construct, reconstruct, enlarge or structurally alter any buildingor structure except in conformity with the regulations of the district in which suchbuilding or structure is located. Except as previously or hereinafter provided, it shall be unlawful to use any landor building for any purpose other than is permitted in the district in which suchland or building is located.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
4.40 ac
Building & site characteristics
From public records
Year built
1964
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Lbi Partners INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 3000, HARVEY CEDARS, NJ 08008-0319
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
$1,100,000
Lbi Partners INC
Inman Kircher Mcbride Agency INC
Deed
—
Sep 27, 2019
$400,000
Inman Kircher Mcbride Agcy INC
J-rmm LLC
Grant Deed
—
Feb 5, 2002
$52,000
Kevin J Moss
Mcmillan,robert & Sharon R
Grant Deed
—
Jan 2, 2001
$285,000
J-rmm LLC
Summit Bank Trustee
Grant Deed
$210,000 · Sterling Bank
Oct 26, 2000
—
Summit Bank
Lackey,evelyn C
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.
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