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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Commercial real estate
329 Cross St Lakewood, NJ 08701-4604
Entity Owned
1-yr Hold
Property ID
US59-2613351
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1966
Construction
FRAME
Total area
2,028 SF
Lot
2 ac (87,120 SF)
Zoning code
R20C
APN
15 00440-0000-00047
UPID
US59-2613351
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
$540k
Comparable Approach
Comparable
$441k
Blend (final)
Blend
$620k
Owner & transaction history
The County Of Ocean · 1 yrs held
The County Of Ocean
since 2025
5 recorded transactions
Zoning & alternative use
R20C · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$306 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,234
Tax year 2023
Assessed value
$1,081,400
Assessed 2024
Previous assessed
$1,081,400
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$950,000
Assessed improvement
$131,400
Land market value
$950,000
Improvement market value
$131,400
Total market value
$1,081,400
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
1966
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
1
Bathrooms
2
Total area
2,028 SF
Lot
2 ac (87,120 SF)
Zoning code
R20C
APN
15 00440-0000-00047
UPID
US59-2613351
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R20C · Lakewood, NJZoning R20C · permitted uses
R20C · 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
1966
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
1
Bathrooms
2
Lot
2 ac
Current owner
From public records · entity-resolved
The County Of Ocean
Entity
Mailing address
329 CROSS ST, LAKEWOOD, NJ 08701-4604
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2025
—
The County Of Ocean
Cross Street 4 LLC
Deed
—
Nov 4, 2022
$2,500,000
Cross Street 4 LLC
Michele Constance Bryant
Deed
—
Dec 23, 2021
—
Michele Constance Bryant
Pauline Milanic
Deed
—
Oct 9, 2020
—
Pauline Milanic
Pauline Milanic
Quit Claim Deed
related
—
Mar 22, 2000
$345,000
Pauline Milanic
Mezzadri,charles F & Geraldine M
Grant Deed
$175,000 · American Savings Bank Of Nj
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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