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Financial
Distress signals
Property profile

370 State Route 35 202 Red Bank, NJ 07701

FOR LEASE
Other commercial real estate
Property ID
US59-1934531
12,312 SF 0.98 ac lot Built 1988
Last sale Jul 2026 · $2,999,999
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a professional office unit of approximately 1,250 square feet located on the second floor of the Middletown Medical Arts Building, a structure built in 1988. The unit is configured with an open floor plan that can support a variety of office layouts. The site covers approximately 0.98 acres and includes a dedicated parking lot. The property provides access to Route 35 and is situated near the Red Bank business district for connectivity to surrounding commercial activity. Utilities serving the building include public water and public sewer.

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 · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value · 2024$1.38M
Assessed land$570k
Assessed improvement$814k
Effective rate1.71%

Value estimate

· Oct 2026
$1.66M
$1.49M – $1.82M

Realmo valuation models over county records and 8 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 comparables8

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.1
Nail Salon12.6
Pharmacy12.3

Location

370 State Route 35, Unit 202 Red Bank, NJ 07701
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

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
810 Frnt, Red Bank, NJ 07701 $2,200,000 Feb 2026 7,175 SF
303 Broad, Red Bank, NJ 07701-2101 $6,201,462 Jul 2025 26,288 SF
350 State Rte 35, Red Bank, NJ 07701-5916 $1,700,000 May 2025 10,182 SF
315 State Rte 35, Red Bank, NJ 07701-5913 $1,500,000 Jan 2025 10,724 SF
141 Bodman, Red Bank, NJ 07701-1014 $7,400,000 Dec 2024 15,150 SF
176 Riverside, Red Bank, NJ 07701-1063 $7,400,000 Dec 2024 20,075 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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