Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    201 Lowr Main St Matawan, NJ 07747-5000

    • Residential income homes
    • 3,528 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-3027640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 201 Lowr Main St

    Year built
    1940
    Construction
    BRICK
    Lot size
    0.11 lot acres
    Property size
    3,528 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    01 00256-0000-00002
    APU
    100256000000002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $775,000
      Market price range: $775k - $1.06M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $930,000
      Current use
      OFFICE BUILDING
      $870,000
      Change: -7% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Matawan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2213
    Latitude
    40.4221
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,755
    $143,800
    $439,400
    $583,200
    -
    $143,800
    $439,400
    $583,200

    Comparable in this City

    • Value Estimation by Request
      900 SF

      4143 Hwy 516

      APARTMENT HOUSE (UNDER 5 UNITS) • 900 SF
      4143 Hwy 516, Matawan, NJ 07747-7083
      View Details
    • Value Estimation by Request

      73 John Partridge Rd

      Multifamily properties
      73 John Partridge Rd, Matawan, NJ 07747
      View Details
    • Value Estimation by Request

      Johnson Ave

      Land
      0 Johnson Ave, Matawan, NJ 07747
      View Details
    • Value Estimation
      $1,570,000
      16,000 SF

      Atlantic Ave

      INDUSTRIAL (GENERAL) • 16,000 SF
      Atlantic Ave, Matawan, NJ 07747
      View Details
    • Value Estimation
      $1,215,000
      5,768 SF

      40 Main St

      COMMERCIAL (GENERAL) • 5,768 SF
      40 Main St, Matawan, NJ 07747-2555
      View Details
    • Value Estimation
      $765,000
      4,434 SF

      1108 State Rte 34

      COMMERCIAL (GENERAL) • 4,434 SF
      1108 State Rte 34, Matawan, NJ 07747-2167
      View Details

    Similar Nearby for Sale

    • $299,000

      Active 55+ Community Unit

      Second-floor, two-bedroom unit in Cheesequake Village.
      7 Georgia Ct, Matawan, NJ 07747
      View Details
    • $2,200,000
      16,000 SF

      Fully Leased Commercial Investment Opportunity

      Turnkey, fully-leased commercial building with six established tenants in Old Bridge.
      228 SE State Rte 34 Cor, Old Bridge, NJ 07747
      View Details
    • $439,000

      Move-In Ready End Unit Home

      Desirable community, move-in ready, end unit with fireplace.
      65 Laurie Ct, Matawan, NJ 07747
      View Details
    • $275,000
      4,000 SF

      Aberdeen Mixed-Use/Single Family Opportunity

      Property in Aberdeen, NJ suitable for mixed-use or single-family development.
      22 Lower Main St, Aberdeen, NJ 07747
      View Details
    • $369,000

      Highway Frontage Property For Sale

      Three lots with highway frontage, potential for development or restoration.
      258 Jackson St, Matawan, NJ 07747
      View Details
    • $439,000
      1,216 SF

      Move-In Ready End Unit Home

      Desirable Old Bridge community, end unit with fireplace.
      65 Laurie Ct, Matawan, NJ 07747
      View Details

    Similar Nearby for Lease

    • $3,200 /Mo

      Renovated Two Bedroom Duplex

      Spacious, renovated 2BR duplex near Matawan train station.
      32 Broad St, Matawan, NJ 07747
      View Details
    • Contact for pricing

      Matawan Commercial Land Opportunity

      Prime Matawan location, commercial land for sale or lease.
      135 Main St, Matawan, NJ 07747
      View Details
    • $1,400 /Mo

      Charming Office Space Near Train

      Bright commercial space near Matawan train station, perfect for small businesses.
      95 Main St, Matawan, NJ 07747
      View Details
    • $1,500 /Mo
      366 SF

      Charming Office Space Near Train

      Bright commercial space near Matawan train station, perfect for small businesses.
      95 Matawan Ave, Matawan, NJ 07747
      View Details
    • Contact for pricing
      1,265 SF

      Matawan Office Space For Rent

      Well-appointed office suite on Route 34 in Matawan, NJ.
      899 Unit Upper Level, Matawan, NJ 07747
      View Details
    • $1,100 /Mo
      1,771 SF

      Versatile Medical/Wellness Space Available

      Commercial space ideal for medical, health, or wellness professionals.
      591 State Route 34, Matawan, NJ 07747
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 Lowr Main St
    Matawan, NJ 07747-5000
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.