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Property profile & analytics
OFF-MARKET
Estimated value
$3,645,000
Residential income homes
325 7th St Lakewood, NJ 08701-3770
Entity Owned
10-yr Hold
Property ID
US59-0586186
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2018
Construction
TYPE NOT SPECIFIED
Total area
26,473 SF
Lot
0.72 ac (31,250 SF)
Zoning code
R-OP
APN
15 00096-0000-00008
UPID
US59-0586186
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
-
Lead Inspections A J Environmental Services Environmental Consultant Service Establishment
-
Prime Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.65M
Owner & transaction history
Prime Apartments LLC · 10 yrs held
Prime Apartments LLC
since 2016
4 recorded transactions
Zoning & alternative use
R-OP · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$138 / 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
$74,165
Tax year 2022
Assessed value
$3,250,000
Assessed 2023
Previous assessed
$3,250,000
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$3,250,000
Land market value
$3,250,000
Total market value
$3,250,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2018
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
5
Units
1
Total area
26,473 SF
Lot
0.72 ac (31,250 SF)
Zoning code
R-OP
APN
15 00096-0000-00008
UPID
US59-0586186
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-OP · Lakewood, NJZoning R-OP · permitted uses
R-OP · 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
2018
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
5
Units
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Prime Apartments LLC
Entity
Mailing address
311 BLVD OF AMERICAS STE #501, LAKEWOOD, NJ 08701-4990
Ownership since
2016
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
Apr 8, 2016
—
Prime Apartments LLC
Prime Cornerstone LLC
Quit Claim Deed
related
$16,800,000 · Td Bk NA
Oct 26, 2015
$6,000,000
Prime Cornerstone LLC
Congregation Chevrah Shas
Grant Deed
$3,500,000 · Private Individual
Sep 7, 2004
$3,800,000
Shlomo Meyer
Congregation Chevra Shas
Grant Deed
—
Jul 30, 2004
$4,200,000
Pine Projects LLC
Cong Chevra Shas INC
Grant Deed
—
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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