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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Commercial real estate
310 2nd St Lakewood, NJ 08701-3351
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0411069
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1925
Construction
FRAME
Total area
2,860 SF
Lot
0.09 ac (3,750 SF)
Zoning code
B2
APN
15 00090-0000-00016
UPID
US59-0411069
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
-
Bata School Based Therapy Services Physician
-
Technoman Repair & Services Electronics & Wireless Store Computer & Electronic Repair
-
Faigy's Judaic Art Gallery Art Gallery
-
Vigo Bank Credit Union
-
Ria Money Transfer - Sun City Multi Service Agency, Llc Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$609k
Blend (final)
Blend
$505k
Owner & transaction history
Big Apple Therapy Associates LLC · 1 yrs held
Big Apple Therapy Associates LLC
since 2025
6 recorded transactions
Zoning & alternative use
B2 · Lakewood, 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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$395,000
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$470,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$177 / 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
$21,268
Tax year 2022
Assessed value
$932,000
Assessed 2023
Previous assessed
$932,000
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$120,000
Assessed improvement
$812,000
Land market value
$120,000
Improvement market value
$812,000
Total market value
$932,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
5
Total area
2,860 SF
Lot
0.09 ac (3,750 SF)
Zoning code
B2
APN
15 00090-0000-00016
UPID
US59-0411069
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B2 · Lakewood, NJZoning B2 · permitted uses
B2 · Lakewood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1925
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
5
Lot
0.09 ac
Current owner
From public records · entity-resolved
Big Apple Therapy Associates LLC
Entity
Mailing address
310 2ND ST, LAKEWOOD, NJ 08701-3351
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
—
Big Apple Therapy Associates LLC
Big Apple Therapy Associates INC
Deed
related
$1,600,000 · First Commerce Bank
Dec 30, 2022
—
Big Apple Therapy Associates INC
—
Deed
related
$2,400,000 · Quaint Oak Bank
Nov 4, 2002
—
Big Apple Therapy Associates
Terebelo,brian
Grant Deed
$130,000 · First Washington State Bank
Dec 7, 2000
—
Brian Terebelo
—
Trustees Deed
related
$150,000 · First Washington State Bank
Nov 12, 1998
—
First State Bank
Newhouse,ezzy & Devorah
Grant Deed
related
—
—
—
Brian Terebelo
—
Deed Of Trust
related
$50,000 · First State 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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