Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Commercial real estate
361 Main St Barnegat, NJ 08005-2438
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US59-0076381
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2011
Construction
FRAME
Total area
4,000 SF
Lot
0.38 ac (16,335 SF)
Zoning code
CVH
APN
01 00168-0000-00006- 01
UPID
US59-0076381
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
-
Greenthumb Daycare Llc Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$680k
Owner & transaction history
D & C Properties Of Barnegat LLC · 7 yrs held
D & C Properties Of Barnegat LLC
since 2018
7 recorded transactions
Zoning & alternative use
CVH · Barnegat, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$950,000
+47.3%
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 Barnegat submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barnegat 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%
$770,000
6.5%
$710,000
7%
$660,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$645,000
Current use
OFFICE BUILDING
$950,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$170 / 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
$19,713
Tax year 2022
Assessed value
$699,800
Assessed 2023
Previous assessed
$699,800
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$195,000
Assessed improvement
$504,800
Land market value
$195,000
Improvement market value
$504,800
Total market value
$699,800
Applied tax rate
1.0000
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
2011
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
4
Total area
4,000 SF
Lot
0.38 ac (16,335 SF)
Zoning code
CVH
APN
01 00168-0000-00006- 01
UPID
US59-0076381
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
CVH · Barnegat, NJ
Zoning CVH · permitted uses
CVH · Barnegat, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Barnegat. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$645,000
OFFICE BUILDING
Est. value
$950,000
COMMERCIAL (GENERAL) Current
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
2011
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
4
Lot
0.38 ac
Current owner
From public records · entity-resolved
D & C Properties Of Barnegat LLC
Entity
Mailing address
36 STRATHMERE ST, WARETOWN, NJ 08758-2652
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2018
—
D & C Properties Of Barnegat LLC
David Cavalier
Bargain And Sale Deed
$241,500 · Ocean First Bank
May 23, 2018
—
D & C Prop Of Barnegat LLC
Cavalier,david & Claire
Quit Claim Deed
—
Sep 7, 2010
—
David Cavalier
Cavalier,david & Claire
Quit Claim Deed
related
—
Dec 9, 2008
$65,000
David Cavalier
Carter,mary A
Grant Deed
—
Jan 27, 2004
$119,500
Mary A Carter
Er Development INC
Grant Deed
—
Mar 20, 2003
$67,000
Er Development INC
Gahres,william
Grant Deed
—
—
—
William Gahres
—
Deed Of Trust
related
$83,925 · Fidelity Bond & Mortgage
—
—
David Cavalier
—
Deed Of Trust
related
$36,750 · Oceanfirst Bank
—
—
David Cavalier
—
Deed Of Trust
related
$537,000 · Oceanfirst Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 361 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
