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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Commercial real estate
24 Un Ave Lakehurst, NJ 08733-3046
Entity Owned
~
Est. High Equity
Property ID
US59-0752432
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Construction
CONCRETE BLOCKS
Total area
6,034 SF
Lot
0.1 ac (4,356 SF)
Zoning code
B-1
APN
14 00070-0000-00006
UPID
US59-0752432
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
-
RWJ EMS Medic 7225 Hospital
-
McClendon Studio Custom Art & Ink Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$765k
Owner & transaction history
24 Union Ave Lakehurst LLC
24 Union Ave Lakehurst LLC
since 2025
7 recorded transactions
Zoning & alternative use
B-1 · Lakehurst, 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 Lakehurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakehurst 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,160,000
6.5%
$1,070,000
7%
$995,000
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$127 / 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
$11,649
Tax year 2022
Assessed value
$565,800
Assessed 2023
Previous assessed
$565,800
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$90,000
Assessed improvement
$475,800
Land market value
$90,000
Improvement market value
$475,800
Total market value
$565,800
Applied tax rate
14.0000
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
1910
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
6,034 SF
Lot
0.1 ac (4,356 SF)
Zoning code
B-1
APN
14 00070-0000-00006
UPID
US59-0752432
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Lakehurst, NJ
Zoning B-1 · permitted uses
B-1 · Lakehurst, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakehurst. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
24 Union Ave Lakehurst LLC
Entity
Mailing address
2412 HEMLOCK LN, POINT PLEASANT BORO, NJ 08742-3707
Ownership since
2025
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
Nov 21, 2025
$920,000
24 Union Ave Lakehurst LLC
Union Uake Mg LLC
Deed
$690,000 · Oceanfirst Bank
Apr 9, 2020
—
Union Lake Mg LLC
Martha Gharibian
Grant Deed
—
Oct 30, 2019
$600,000
Martha Gharibian
Denoia Associates LLC
Grant Deed
—
Nov 7, 2013
—
Denoia Associates LLC
Denoia,gary
Quit Claim Deed
—
—
—
Denoia Assocs Ltd Liabilty Co
—
Deed Of Trust
related
$55,000 · Oceanfirst Bank
—
—
Gary Debiua
—
Deed Of Trust
related
$65,268 · Oceanfirst Bank
—
—
Gary Denoia
—
Deed Of Trust
related
$15,000 · Oceanfirst Bank
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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