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Property profile & analytics
FOR LEASE
Commercial real estate
36 Beach Rd Monmouth Beach, NJ 07750
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1521938
For Lease
$650/Mo
36 Beach Rd, Monmouth Beach, NJ 07750
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Construction
FRAME
Total area
8,275 SF
Lot
0.57 ac (24,720 SF)
Zoning code
B
APN
34 00045-0000-00032
UPID
US59-1521938
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
-
Bellalicious Grocery & Convenience Store Specialty Food Shop
-
Kevin Alan Salon Hair Salon Nail Salon
-
Gianni’s Pizzeria Monmouth Beach Restaurant
-
Kids Fun Publishing LLC Publishing House Printing Service
-
Ms. Donna Strauss-Russo Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.72M
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$1.29M
Owner & transaction history
Selita Property Management LLC · 9 yrs held
Selita Property Management LLC
since 2017
1 recorded transaction
Zoning & alternative use
B · Monmouth Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Purpose of this zone is focus on business retail store uses
Zone name
Business Retail
General category
COMMERCIAL
Zone area
14.04 ac
Source
Realmo
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 Monmouth Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monmouth Beach 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%
$1,860,000
6.5%
$1,720,000
7%
$1,595,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,040,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±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
$155 / 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
$18,647
Tax year 2022
Assessed value
$1,595,600
Assessed 2023
Previous assessed
$1,595,600
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$863,100
Assessed improvement
$732,500
Land market value
$863,100
Improvement market value
$732,500
Total market value
$1,595,600
Applied tax rate
34.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Lease
Year built
2001
Construction
FRAME
Heating
NONE
Buildings
1
Total area
8,275 SF
Lot
0.57 ac (24,720 SF)
Zoning code
B
APN
34 00045-0000-00032
UPID
US59-1521938
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B · Monmouth Beach, NJZoning B · permitted uses
B · Monmouth Beach, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Purpose of this zone is focus on business retail store uses
Zone name
Business Retail
General category
COMMERCIAL
Zone area
14.04 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.0M
OFFICE BUILDING
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
2001
Construction
FRAME
Heating
NONE
Buildings
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Selita Property Management LLC
Entity
Mailing address
8 SECRETARIAT DR, COLTS NECK, NJ 07722-1816
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2017
$3,500,000
Selita Property Management LLC
Beach Road Holdings LLC
Trustees Deed
$2,625,000 · Td Bk NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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