Individually Owned 
For Sale
1 / 14
$289,000
213 Lacey Rd, Forked River, NJ
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Property summary
AI-generated overview
This 792-square-foot property is located in the Doctor Row area of Forked River, New Jersey, on a 0.11-acre lot in Ocean County. The building is being conveyed in as-is condition, and any required zoning or land-use approvals must be obtained directly from the township by the buyer. The property includes a bathroom that has been recently updated.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
FRAME
Total area
792 SF
Lot
0.11 ac (5,000 SF)
Zoning code
OC
APN
13 01414-0000-00004
UPID
US59-1204375
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$125k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$125k
Owner & transaction history
since 2022
Last sale
$115,000
1 recorded transaction
Zoning & alternative use
OC · Forked River, NJ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$125k
Value range
$113k – $138k
±10% around blend
Estimated value / SF
$158 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
50
$113k
blend $125k
$138k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
792 SF
Lot area
0.11 ac
Year built
1950
Stories
1
APN
13 01414-0000-00004
Zoning
OC
Assessed value
$115,800
Annual tax
$5,239
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.47M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.4 mi away · 640 SF
14.6 mi away · 840 SF
20.4 mi away · 888 SF
22.8 mi away · 840 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$125k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 852 sales
$288
-45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $158/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$115k
Move the market yield to see immediate price impact.
Value / SF
$145
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$7k
$145k
$103k
$81k
$8k
$161k
$115k
$89k
$9k
$177k
$126k
$98k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$2.83M
8.7 mi · Dec 2025 · $3,210/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$5,239
Tax year 2022
Assessed value
$115,800
Assessed 2023
Previous assessed
$115,800
+0.0% YoY
Effective rate
4.52%
On assessed value
Assessed land
$87,400
Assessed improvement
$28,400
Land market value
$87,400
Improvement market value
$28,400
Total market value
$115,800
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
1
Bathrooms
1
Total area
792 SF
Lot
0.11 ac (5,000 SF)
Zoning code
OC
APN
13 01414-0000-00004
UPID
US59-1204375
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
OC · Forked River, NJZoning OC · permitted uses
OC · Forked River, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
1
Bathrooms
1
Lot
0.11 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OC
Jurisdiction
Forked River, NJ
Recorded code
OC
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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