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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Banks
34-36 Monmouth St 36 Red Bank, NJ 07701-1614
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1144554
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1917
Construction
BRICK
Total area
6,416 SF
Lot
0.07 ac (3,034 SF)
Zoning code
CCD2
APN
39 00031-0000-00024-0000-C001
UPID
US59-1144554
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
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$515k
Owner & transaction history
Red Oak Mtg INC · 9 yrs held
Red Oak Mtg INC
since 2017
2 recorded transactions
Zoning & alternative use
CCD2 · Red Bank, 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 Red Bank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bank 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$770,000
Current use
RESTAURANT
$650,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$645,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$80 / 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
$25,742
Tax year 2022
Assessed value
$1,317,000
Assessed 2023
Previous assessed
$1,317,000
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$505,800
Assessed improvement
$811,200
Land market value
$505,800
Improvement market value
$811,200
Total market value
$1,317,000
Applied tax rate
39.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1917
Construction
BRICK
Heating
NONE
Stories
1
Total area
6,416 SF
Lot
0.07 ac (3,034 SF)
Zoning code
CCD2
APN
39 00031-0000-00024-0000-C001
UPID
US59-1144554
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
CCD2 · Red Bank, NJZoning CCD2 · permitted uses
CCD2 · Red Bank, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$770,000
RESTAURANT
Est. value
$650,000
RETAIL STORES
Est. value
$645,000
FINANCIAL BUILDING Current
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1917
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Red Oak Mtg INC
Entity
Mailing address
3590 US HWY 9TH 9, OLD BRIDGE, NJ 08857-2765
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2017
$495,000
Red Oak Mtg INC
Amboy Natl Bk
Grant Deed
related
$245,000 · Td Bk NA
Jan 20, 2017
—
Amboy Bank
Thirty Six Monmouth Street Con
Grant Deed
related
—
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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