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Financial
Distress signals
Property profile

20-22 Meridian Rd 22 Eatontown, NJ 07724

OFF-MARKET
Other industrial properties
Property ID
US59-2124231
42,400 SF 5.99 ac lot Built 1983
Last sale Jul 2017 · $7,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 4,800-square-foot flex space configured for an indoor corporate party and recreation business. The build-out includes high ceilings and dedicated areas for activities and guest amenities, such as hatchet throwing and shuffleboard, a snack bar, a lounge, and additional game spaces. The layout also supports potential expansion for golf simulator equipment. The space is offered as a business and facility configuration that includes furnishings and equipment, and it is suitable for leasing under a net (NNN) structure, with terms determined by agreement.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$165k
Tax billed · 2022
Assessed value · 2023$8.33M
Assessed land$3.27M
Assessed improvement$5.06M
Effective rate1.98%

Value estimate

· Oct 2026
$6.38M
$5.74M – $7.02M
CAP approach$6.26M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$206/SF
County average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$119 – $350

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BP2
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.2
Auto Parts Store12.7
Realty agency11.7

Location

20-22 Meridian Rd, Unit 22 Eatontown, NJ 07724-2267
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
555 Industrial W, Eatontown, NJ 07724-2211 $6,200,000 Mar 2024 29,110 SF
81 Corbett, Eatontown, NJ 07724-2264 $5,150,000 Sep 2023 30,268 SF
401 Industrial W, Eatontown, NJ 07724-2209 $20,950,000 Aug 2021 97,230 SF
607 Industrial W, Eatontown, NJ 07724-2213 $5,850,000 May 2021 52,473 SF
465 Industrial W, Eatontown, NJ 07724-2209 $9,750,000 Dec 2020 41,413 SF
435 Industrial W, Eatontown, NJ 07724-2209 $9,750,000 Jun 2020 23,325 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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