Individually Owned Property summary
AI-generated overview
This exceptional Freehold Borough property presents a unique investment opportunity. Located at 34 E Main Street, this landmark site boasts a prime downtown location in the county seat of Monmouth County, an area experiencing high demand for real estate. The property comprises two buildings totaling 8,260 square feet on a 0.2-acre lot (8,799 square feet). One building, a former bank, offers 3,300 square feet across two stories, complete with three convenient drive-up lanes. The second building features two street-level retail spaces
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
4,732 SF
Lot
0.2 ac (8,800 SF)
APN
16 00062-0000-00012
UPID
US59-0441427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Computer & Electronic Repair Tech Support Center
-
Life Coach
-
Medical Clinic
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.42M
Owner & transaction history
since 2025
Last sale
$1.5M
7 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 41 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.42M
Value range
$1.27M – $1.56M
±10% around blend
Estimated value / SF
$299 / SF
Confidence
High
41 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
100
$1.27M
blend $1.42M
$1.56M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,732 SF
Lot area
0.2 ac
Stories
2
APN
16 00062-0000-00012
Assessed value
$2,538,100
Annual tax
$55,691
3
Income approach: direct capitalization
Partial preview
Income approach indication
$985k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.07M
@ 6.5% CAP return
$985k
@ 7% CAP return
$915k
4
Sales comparison
Partial preview
Sales approach indication
$1.03M
Weighted, 20 comps · high confidence
Evidence
41 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.7 mi away · 5,808 SF
8.8 mi away · 3,705 SF
10.4 mi away · 3,713 SF
10.6 mi away · 4,176 SF
10.7 mi away · 5,394 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 91 sales
$204
+47%
Submarket 89 sales
$206
+45%
County 1093 sales
$259
+15%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $299/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 41 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
4.50%
Implied, in-place cap rate for this commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.50%
9.0%
NOI (est.)
$105k *
Last sale · Apr 2023
$1.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.33M
Move the market yield to see immediate price impact.
Value / SF
$493
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.00%4.50%5.00%
$95k
$2.36M
$2.10M
$1.89M
$105k
$2.63M
$2.33M
$2.10M
$116k
$2.89M
$2.57M
$2.31M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
41 found
High confidence · county-verified
Closest comparable
$1.00M
0.9 mi · Feb 2026 · $181/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$55,691
Tax year 2022
Assessed value
$2,538,100
Assessed 2023
Previous assessed
$2,538,100
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$682,500
Assessed improvement
$1,855,600
Land market value
$682,500
Improvement market value
$1,855,600
Total market value
$2,538,100
Applied tax rate
16.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
1
Stories
2
Total area
4,732 SF
Lot
0.2 ac (8,800 SF)
APN
16 00062-0000-00012
UPID
US59-0441427
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Stories
2
Buildings
1
Lot
0.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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