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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Commercial real estate
2101 State Rte 34 Wall Township, NJ 07719-9172
Trust Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-0940977
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Construction
FRAME
Total area
12,248 SF
Lot
2.01 ac (87,556 SF)
Zoning code
OP-2
APN
52 00826-0000-00015
UPID
US59-0940977
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
$1.78M
Owner & transaction history
Cernero Childrens Trust · 19 yrs held
Cernero Childrens Trust
since 2007
6 recorded transactions
Zoning & alternative use
OP-2 · Wall Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is intended for a mix of office park uses, including professional services, light manufacturing, wholesale, and various institutional and personal services.
Zone name
Office Park
General category
INDUSTRIAL
Zone area
433.05 ac
Source
Realmo
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 Wall Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wall Township 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
$145 / 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
$48,688
Tax year 2022
Assessed value
$1,900,900
Assessed 2023
Previous assessed
$1,900,900
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$301,500
Assessed improvement
$1,599,400
Land market value
$301,500
Improvement market value
$1,599,400
Total market value
$1,900,900
Applied tax rate
52.0000
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
2003
Construction
FRAME
Heating
NONE
Buildings
1
Stories
2
Total area
12,248 SF
Lot
2.01 ac (87,556 SF)
Zoning code
OP-2
APN
52 00826-0000-00015
UPID
US59-0940977
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
OP-2 · Wall Township, NJZoning OP-2 · permitted uses
OP-2 · Wall Township, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is intended for a mix of office park uses, including professional services, light manufacturing, wholesale, and various institutional and personal services.
Zone name
Office Park
General category
INDUSTRIAL
Zone area
433.05 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
NONE
Stories
2
Buildings
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Cernero Childrens Trust
Trust
Mailing address
101 PROSPER WAY, BRICK, NJ 08723-3539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
Mariene Santaniello
—
Deed
related
$2,175,000 · Haven Savings Bank
Apr 4, 2017
—
Cernero Trust
—
Deed
related
$1,650,000 · Magyar Bk
May 11, 2007
—
Cernero Childrens Trust
Santaniello,marlene
Grant Deed
$1,500,000 · Provident Savings Bank
May 10, 2004
—
Jerald Dev LLC
—
Trustees Deed
related
$2,500,000 · Amboy National Bank
—
—
Cernero Childrens Trust
—
Deed Of Trust
related
$1,500,000 · Provident Savings Bank
—
—
Cernero Trust
—
Deed Of Trust
related
$1,650,000 · Magyar Bk
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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