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Property profile & analytics
OFF-MARKET
Estimated value
$4,695,000
Commercial real estate
2050 6th Ave Neptune, NJ 07753-6124
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US59-1216829
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1969
Construction
CONCRETE BLOCKS
Total area
39,606 SF
Lot
1.38 ac (60,000 SF)
Zoning code
HC
APN
36 00106-0000-00015
UPID
US59-1216829
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
Current use
Occupant on record · Public records
-
Coral Harbor Rehabilitation & Healthcare Center Rehabilitation Center Medical Center
-
Jersey Shore Convalescent Center Nursing Home
-
JS Medi Center Nursing Home
-
DONALD M MICALLEF Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.70M
Owner & transaction history
Coral Harbor Property LLC · 10 yrs held
Coral Harbor Property LLC
since 2016
7 recorded transactions
Zoning & alternative use
HC · Neptune, 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 Neptune submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Neptune 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
$119 / 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
$71,365
Tax year 2022
Assessed value
$4,077,400
Assessed 2023
Previous assessed
$4,077,400
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$1,400,000
Assessed improvement
$2,677,400
Land market value
$1,400,000
Improvement market value
$2,677,400
Total market value
$4,077,400
Applied tax rate
36.0000
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
Year built
1969
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
1
Stories
2
Total area
39,606 SF
Lot
1.38 ac (60,000 SF)
Zoning code
HC
APN
36 00106-0000-00015
UPID
US59-1216829
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
HC · Neptune, NJ
Zoning HC · permitted uses
HC · Neptune, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Neptune. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Buildings
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Coral Harbor Property LLC
Entity
Mailing address
1608 RTE 88TH STE #301, BRICK, NJ 08724-3009
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2018
—
Coral Harbor Property LLC
—
Grant Deed
related
$44,400,000 · Cibc Bk USA
Jan 6, 2016
$2,600,000
Coral Harbor Property LLC
Jersey Shore Convalescent Cent
Grant Deed
—
Jan 6, 2016
—
Coral Harbor Property LLC
Portfolio Holdings LLC
Grant Deed
related
—
Nov 24, 2015
—
Jersey Shore Convalescent Cent
—
Trustees Deed
related
$300,000 · Quinto Guardian LLC
—
—
Shore Convalescent Cent Jersey
—
Deed Of Trust
related
$100,000 · Oliver Everett W JR (es)
—
—
Medicenter
—
Deed Of Trust
related
$50,000 · New Jersey Community Bank
—
—
Jersey Shore Convalescent Ctr
—
Deed Of Trust
related
$40,000 · Central Jersey Bank & Trust Co
—
—
Jersey Shore Convalescent Cent
—
Loan Modification
related
$20,000 · Central Jersey Bk
—
—
Jersey Shore Convalescent Cent
—
Deed Of Trust
related
$100,000 · Oliver W Everett JR (es)
—
—
Shore Convalescent Cent Jersey
—
Deed Of Trust
related
$700,000 · Monmouth Community Bank
—
—
Shore Convalescent Cent Jersey
—
Deed Of Trust
related
$50,000 · Oliver Everett JR (es)
—
—
Medicenter
—
Deed Of Trust
related
$2,700,000 · New Jersey Community Bank
—
—
Shore Convalescent Cent Jersey
—
Deed Of Trust
related
$1,861,679 · Monmouth Community Bank
—
—
Jersey Shore Convalescent Ctr
—
Deed Of Trust
related
$200,000 · Central Jersey Bank & Trust Co
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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