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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Commercial real estate
400 Morris Ave Long Branch, NJ 07740-6518
Entity Owned
Free & Clear
Property ID
US59-0126597
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Construction
CONCRETE BLOCKS
Total area
7,650 SF
Lot
0.17 ac (7,500 SF)
Zoning code
R-4
APN
27 00230-0000-00013
UPID
US59-0126597
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$850k
Owner & transaction history
400 Chapel Hill LLC
400 Chapel Hill LLC
since 2026
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
R-4 · Long Branch, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
One-family homes in accordance with the regulations of the R-4 District regulations. (2) Home professional offices. (3) Professional offices. (4) Home occupation. (5) Funeral home. (6) Municipal buildings, parks and playgrounds. (7) Temporary buildings for uses incidental to construction work, provided that such buildings are removed upon completion and aban…
Zone name
One Family Residential
General category
RESIDENTIAL
Zone area
723.65 ac
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 Long Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Branch 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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Jan 18 2024)
Last sale anchor
$850k
Jan 18 2024
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
$111 / 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
$7,746
Tax year 2022
Assessed value
$486,000
Assessed 2023
Previous assessed
$486,000
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$177,600
Assessed improvement
$308,400
Land market value
$177,600
Improvement market value
$308,400
Total market value
$486,000
Applied tax rate
27.0000
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
1946
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
1
Stories
2
Total area
7,650 SF
Lot
0.17 ac (7,500 SF)
Zoning code
R-4
APN
27 00230-0000-00013
UPID
US59-0126597
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-4 · Long Branch, NJZoning R-4 · permitted uses
R-4 · Long Branch, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
One-family homes in accordance with the regulations of the R-4 District regulations. (2) Home professional offices. (3) Professional offices. (4) Home occupation. (5) Funeral home. (6) Municipal buildings, parks and playgrounds. (7) Temporary buildings for uses incidental to construction work, provided that such buildings are removed upon completion and abandonment of the construction work. B. Permitted accessory uses. Permitted accessory uses shall be as specified in the C-1 Commercial District, § 345-30B . C. Area and bulk requirements. Area and bulk requirements shall be as specified in § 345-7 . [1] [1]
Zone name
One Family Residential
General category
RESIDENTIAL
Zone area
723.65 ac
Building & site characteristics
From public records
Year built
1946
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Buildings
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
400 Chapel Hill LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7 AULDWOOD LN, RUMSON, NJ 07760-1102
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
400 Chapel Hill LLC
400 Chapel Hill LLC
Deed
related
—
Jan 18, 2024
$850,000
400 Chapel Hill LLC
400 Morris Ave LLC
Deed
—
Jan 22, 2018
—
156 Long Branch Ave LLC
—
Grant Deed
related
$1,800,000 · Nve Bk
Dec 14, 2015
—
400 Morris Ave LLC
Garden Road Homes LLC
Grant Deed
related
$355,000 · Grand Bk
Apr 27, 2015
$350,000
Garden Road Homes LLC
Crown Real Estate Holdings INC
Grant Deed
$400,000 · Shore Real Estate Ventures LLC
Nov 18, 2008
—
Crown Real Estate Holdings INC
Guadagno,kimberly M
Grant Deed
related
—
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.
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