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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Commercial real estate
26 3rd Ave Long Branch, NJ 07740-6503
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-3018880
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1941
Construction
BRICK
Total area
4,888 SF
Lot
0.09 ac (4,000 SF)
Zoning code
LBC
APN
27 00276-0000-00017
UPID
US59-3018880
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$545k
Owner & transaction history
Devasya Third Ave LLC · 3 yrs held
Devasya Third Ave LLC
since 2023
Last sale
$555,000
4 recorded transactions
Zoning & alternative use
LBC · Long Branch, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote lower Broadway corridor uses.
Zone name
Lower Broadway Corridor
General category
UNKNOWN
Zone area
74.96 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 Long Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Branch 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
$525,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $555k (Jun 21 2023)
Last sale anchor
$555k
Jun 21 2023
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
$111 / 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
$8,454
Tax year 2022
Assessed value
$529,000
Assessed 2023
Previous assessed
$529,000
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$120,600
Assessed improvement
$408,400
Land market value
$120,600
Improvement market value
$408,400
Total market value
$529,000
Applied tax rate
27.0000
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
1941
Construction
BRICK
Heating
NONE
Buildings
1
Stories
2
Total area
4,888 SF
Lot
0.09 ac (4,000 SF)
Zoning code
LBC
APN
27 00276-0000-00017
UPID
US59-3018880
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LBC · Long Branch, NJZoning LBC · permitted uses
LBC · Long Branch, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote lower Broadway corridor uses.
Zone name
Lower Broadway Corridor
General category
UNKNOWN
Zone area
74.96 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1941
Construction
BRICK
Heating
NONE
Stories
2
Buildings
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Devasya Third Ave LLC
Entity
Free & Clear · 3 yrs held
Mailing address
18 OCEANPORT AVE, WEST LONG BRANCH, NJ 07764-1573
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
$555,000
Devasya Third Ave LLC
Talwar Properties LLC
Deed
—
May 5, 2006
$410,000
Talwar Properties LLC
Dwek Properties LLC
Grant Deed
—
Sep 13, 2004
$239,000
Dwek Properties LLC
Holford,ronald H
Grant Deed
—
—
—
Dwek Properties LLC
—
Deed Of Trust
related
$180,000 · Amboy National 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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