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Property profile

40 Broad St Red Bank, NJ 07701

FOR LEASE
Commercial real estate
Property ID
US59-1618483
7,686 SF 0.07 ac lot
Last sale Apr 2024 · $3,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2022

What does the county charge?
$56k
Tax billed · 2022
Assessed value · 2023$2.90M
Assessed land$700k
Assessed improvement$2.20M
Effective rate1.92%

Value estimate

· Oct 2026
$3.55M
$3.20M – $3.91M
AI approach$3.55M
Submarket $/SF estimate$3.20M
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$4k
Operating expenses−$18k
NOI · 107,050.00% cap applied$43k

Realmo valuation models over county records and 12 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 comparables12

Cap rate analysis

How does the asset earn?
107,050.00%
$43k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store8.2
Convenience Store7.9
Shoe Repair7.7

Location

40 Broad St Red Bank, NJ 07701
County assessor Recorded deeds · 2 transfers 12 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
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
57 Frnt, Red Bank, NJ 07701 $2,500,000 Jan 2025 4,819 SF
141 Bodman, Red Bank, NJ 07701-1014 $7,400,000 Dec 2024 15,150 SF
140 Maple, Red Bank, NJ 07701-1716 $1,325,000 Nov 2024 3,943 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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