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Property profile & analytics
FOR LEASE
Industrial properties
27 Boud Ave Farmingdale, NJ 07727
Entity Owned
4-yr Hold
Free & Clear
Property ID
US59-0862603
For Lease
1 / 12
$510,000
27 Boud Ave, Farmingdale, NJ 07727
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
5,649 SF
Lot
0.19 ac (8,211 SF)
Zoning code
LI
APN
15 00032-0000-00004
UPID
US59-0862603
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
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$510k
Owner & transaction history
27 Boud Ave LLC · 4 yrs held
27 Boud Ave LLC
since 2022
2 recorded transactions
Zoning & alternative use
LI · Farmingdale, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
LI - LIGHT INDUSTRIAL ZONE. § 25-38.1 Purpose. [ Ord. No. 97-01 § 30] The purpose of the LI - Light Industrial Zone is to provide for Light Industrial uses in those areas of the Borough where an industrial character has already been established. It is intended that the industrial uses to be permitted in the Light Industrial Zone not interfere with the use an…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
43.93 ac
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 Farmingdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmingdale 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$90 / 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
$5,849
Tax year 2022
Assessed value
$293,600
Assessed 2023
Previous assessed
$293,600
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$115,500
Assessed improvement
$178,100
Land market value
$115,500
Improvement market value
$178,100
Total market value
$293,600
Applied tax rate
15.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Heating
NONE
Buildings
1
Total area
5,649 SF
Lot
0.19 ac (8,211 SF)
Zoning code
LI
APN
15 00032-0000-00004
UPID
US59-0862603
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · Farmingdale, NJZoning LI · permitted uses
LI · Farmingdale, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
LI - LIGHT INDUSTRIAL ZONE. § 25-38.1 Purpose. [ Ord. No. 97-01 § 30] The purpose of the LI - Light Industrial Zone is to provide for Light Industrial uses in those areas of the Borough where an industrial character has already been established. It is intended that the industrial uses to be permitted in the Light Industrial Zone not interfere with the use and enjoyment of properties in adjacent residential zones, and that such uses not emit noises or odors, not have large areas of outdoor storage of materials or supplies, and not have any other characteristics which are unpleasant and which will interfere with such use and enjoyment of nearby residential properties.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
43.93 ac
Building & site characteristics
From public records
Heating
NONE
Buildings
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
27 Boud Ave LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2360 RTE 9TH AVE STE #3, TOMS RIVER, NJ 08755-1933
Ownership since
2022
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
Nov 20, 2024
—
27 Boud Ave LLC
—
Deed
related
$560,000 · Wilmington Savings Fund Society Fsb
May 27, 2022
—
27 Boud Ave LLC
27 Boud Ave LLC
Intrafamily Transfer
related
—
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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