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Property profile

331 Newman Spgs Rd 3 Red Bank, NJ 07701

OFF-MARKET
Commercial real estate
Property ID
US59-2336987
5,183 SF 10.5 ac lot Built 1985
Last sale Jun 2021 · $58,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$428k
Tax billed · 2022
Assessed value · 2023$24.72M
Assessed land$5.51M
Assessed improvement$19.21M
Effective rate1.73%

Value estimate

· Oct 2026
$1.25M
$1.12M – $1.37M
CAP approach$1.08M
Submarket $/SF estimate$1.20M

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$297/SF
ZIP average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$221 – $416
Qualifying comparables17

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BP
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant30.3
Building Supply22.8
Wholesale Shop21.1

Location

331 Newman Spgs Rd, Unit 3 Red Bank, NJ 07701-5688
County assessor Recorded deeds · 5 transfers 17 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
103 Maple, Red Bank, NJ 07701-1715 $1,375,000 Feb 2026 3,813 SF
810 Frnt, Red Bank, NJ 07701 $2,200,000 Feb 2026 7,175 SF
205 Maple, Red Bank, NJ 07701-1727 $1,140,000 Nov 2025 2,664 SF
83 Riv, Red Bank, NJ 07701-1323 $730,000 Apr 2025 3,894 SF
57 Frnt, Red Bank, NJ 07701 $2,500,000 Jan 2025 4,819 SF
140 Maple, Red Bank, NJ 07701-1716 $1,325,000 Nov 2024 3,943 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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