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Property profile & analytics
OFF-MARKET
Commercial real estate
2350 Hospital Rd Allenwood, NJ 08720-7037
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US59-1513182
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Construction
BRICK
Total area
2,336 SF
Lot
29.02 ac (1,264,111 SF)
Zoning code
POS
APN
52 00975-0000-00004
UPID
US59-1513182
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
by Request
Owner & transaction history
Monmouth Nj Property LLC · 10 yrs held
Monmouth Nj Property LLC
since 2016
7 recorded transactions
Zoning & alternative use
POS · Allenwood, 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 Allenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allenwood 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
—
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
$154,821
Tax year 2022
Assessed value
$7,694,900
Assessed 2023
Previous assessed
$7,694,900
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$2,025,000
Assessed improvement
$5,669,900
Land market value
$2,025,000
Improvement market value
$5,669,900
Total market value
$7,694,900
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1940
Construction
BRICK
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
2,336 SF
Lot
29.02 ac (1,264,111 SF)
Zoning code
POS
APN
52 00975-0000-00004
UPID
US59-1513182
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
POS · Allenwood, NJ
Zoning POS · permitted uses
POS · Allenwood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allenwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
29.02 ac
Current owner
From public records · entity-resolved
Monmouth Nj Property LLC
Entity
Mailing address
2350 HOSPITAL RD, ALLENWOOD, NJ 08720-7037
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
—
Monmouth Nj Property LLC
—
Deed
related
$23,445,300 · Capital Funding
May 6, 2020
—
Monmouth Nj Property LLC
—
Deed
related
$25,760,000 · Td Bk NA
Jun 14, 2016
—
Monmouth Nj Property LLC
—
Deed
related
$10,171,875 · Sterling Nat'l Bk
Jan 12, 2016
$12,801,629
Monmouth Nj Property LLC
County Of Monmouth
Grant Deed
related
—
—
—
Monmouth Nj Property LLC
—
Deed Of Trust
related
$1,453,125 · Sterling Nat'l Bk
—
—
Monmouth Nj Property LLC
—
Deed Of Trust
related
$25,760,000 · Td Bk NA
—
—
Monmouth Nj Property LLC
—
Deed Of Trust
related
$10,171,875 · Sterling Nat'l 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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