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Property profile & analytics
OFF-MARKET
Commercial real estate
3249 Rte 35th Nb Lavallette, NJ 08735-1533
Entity Owned
Free & Clear
Property ID
US59-1698405
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Construction
CONCRETE BLOCKS
Total area
2,080 SF
Lot
0.16 ac (7,038 SF)
Zoning code
GB
APN
08 00934-0000-00005
UPID
US59-1698405
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kittiwake Avenue LLC
Kittiwake Avenue LLC
since 2026
Last sale
$201,000
7 recorded transactions
Zoning & alternative use
GB · Lavallette, 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 Lavallette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lavallette 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,554
Tax year 2022
Assessed value
$332,800
Assessed 2023
Previous assessed
$332,800
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$240,000
Assessed improvement
$92,800
Land market value
$240,000
Improvement market value
$92,800
Total market value
$332,800
Applied tax rate
8.0000
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
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
2,080 SF
Lot
0.16 ac (7,038 SF)
Zoning code
GB
APN
08 00934-0000-00005
UPID
US59-1698405
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
GB · Lavallette, NJ
Zoning GB · permitted uses
GB · Lavallette, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lavallette. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Kittiwake Avenue LLC
Entity
Free & Clear · 0 yrs held
Mailing address
209 2ND ST #14, LAKEWOOD, NJ 08701-3326
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
$4,801,000
Kittiwake Avenue LLC
Ocean Bay Holdings LLC
Deed
related
—
Mar 14, 2024
$201,000
Jackmax Group LLC
U S Bank Trust NA
Deed
—
Oct 25, 2019
—
Ocean Bay Holdings LLC
—
Deed
related
$5,300,000 · Savoy Bank
Mar 1, 2018
$700,000
Ocean Bay Holdings LLC
Nassau Marina Holdings LLC
Grant Deed
—
Jun 6, 2017
—
Nassau Marina Holdings LLC
—
Loan Modification
related
$6,225,528 · Oceanfirst Bk
May 16, 2003
$3,350,000
Ocean Beach Marina INC
—
Grant Deed
related
—
Oct 1, 2001
—
Ocean Beach Marina INC
—
Deed Of Trust
related
$2,000,000 · Bombardier Capital INC
—
—
Nassau Marina Holdings LLC
—
Deed Of Trust
related
$791,406 · 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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