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Property profile & analytics
FOR LEASE
Commercial real estate
260 N County Line Rd Jackson Township, NJ 08527
Entity Owned
1-yr Hold
Free & Clear
Property ID
US59-1275234
For Lease
1 / 13
$37,100,000
260 N County Line Rd, Jackson Township, NJ 08527
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Property summary
AI-generated overview
Jackson Plaza, located at 260 N County Line Rd in Jackson Township, NJ 08527, offers exceptional retail leasing opportunities. This multi-tenant commercial property boasts a total of 376,000 square feet, providing ample space for various businesses. Currently, there are 9,229 square feet of vacant space available, divisible into units ranging from a minimum of 2,050 square feet to a maximum contiguous space of 4,192 square feet. This presents a unique chance for businesses seeking flexible and adaptable retail locations. The property's convenient location in Ocean County, New Jersey, ensures high visibility and accessibility for customers. Ample parking is provided, with a ratio of 8.37 spaces per 1,000 square feet of building area. This ensures convenient parking for both tenants and their customers. The property is categorized as retail commercial space, ideal for a variety of businesses seeking a prominent presence in a thriving Jackson Township market. Interested parties are encouraged to inquire about available spaces and lease terms. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Total area
114,753 SF
Lot
45.8 ac (1,995,048 SF)
Zoning code
HC
APN
12 05101-0000-00001
UPID
US59-1275234
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
$37.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$34.96M
Blend (final)
Blend
$37.10M
Owner & transaction history
Perlmart Realty Of Jackson LLC · 1 yrs held
Perlmart Realty Of Jackson LLC
since 2024
Last sale
$37.1M
2 recorded transactions
Zoning & alternative use
HC · Jackson, 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 Jackson Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
Method
Estimation
Statistic approach
$37,100,000
ML approach
$37,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$38,690,000
Current use
APARTMENT HOUSE (5+ UNITS)
$32,545,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$37.10M
Range $33.39M – $40.81M · ±10% · vs last sale $37.10M (Oct 30 2024)
Last sale anchor
$37.10M
Oct 30 2024
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
$323 / 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
$507,744
Tax year 2022
Assessed value
$20,220,800
Assessed 2023
Previous assessed
$20,220,800
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$9,160,000
Assessed improvement
$11,060,800
Land market value
$9,160,000
Improvement market value
$11,060,800
Total market value
$20,220,800
Applied tax rate
12.0000
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
For Lease
Year built
2002
Heating
NONE
Stories
1
Units
1
Total area
114,753 SF
Lot
45.8 ac (1,995,048 SF)
Zoning code
HC
APN
12 05101-0000-00001
UPID
US59-1275234
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
HC · Jackson, NJ
Zoning HC · permitted uses
HC · Jackson, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$38.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$32.5M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Units
1
Lot
45.8 ac
Current owner
From public records · entity-resolved
Perlmart Realty Of Jackson LLC
Entity
Free & Clear · 1 yrs held
Mailing address
280 N PO BOX 384TH RD, SHORT HILLS, NJ 07078-0384
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2024
$2,001,496
Perlmart Realty Of Jackson LLC
Jackson Plaza Associates LLC
Deed
—
—
—
Jackson Plaza Associates LLC
—
Deed Of Trust
related
$8,700,000 · Kearny Fsb
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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