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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Motels
400 Rte 70 Lakehurst, NJ 08733-2824
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-2076034
Property profile
Verified
Property type
Motels
Use group
MOTEL
Construction
CONCRETE BLOCKS
Total area
10,346 SF
Lot
0.59 ac (25,700 SF)
Zoning code
B-2
APN
14 00030-0000-00001
UPID
US59-2076034
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
$1.60M
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Lakehurst Hospitality INC · 6 yrs held
Lakehurst Hospitality INC
since 2020
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
B-2 · Lakehurst, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lakehurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakehurst 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
$1,595,000
CAP Approach
CAP Return
Estimation
6%
$1,255,000
6.5%
$1,155,000
7%
$1,075,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,635,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,010,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$770,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.30M (Jul 9 2020)
Last sale anchor
$1.30M
Jul 9 2020
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
$121 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$26,402
Tax year 2023
Assessed value
$1,240,700
Assessed 2024
Previous assessed
$1,240,700
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$266,500
Assessed improvement
$974,200
Land market value
$266,500
Improvement market value
$974,200
Total market value
$1,240,700
Applied tax rate
14.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
10,346 SF
Lot
0.59 ac (25,700 SF)
Zoning code
B-2
APN
14 00030-0000-00001
UPID
US59-2076034
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Lakehurst, NJ
Zoning B-2 · permitted uses
B-2 · Lakehurst, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakehurst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$770,000
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Lakehurst Hospitality INC
Entity
Mailing address
850 RTE 70, LAKEHURST, NJ 08733-2734
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2020
$1,300,000
Lakehurst Hospitality INC
Narayan Hospitality LLC
Grant Deed
$900,000 · Lakehurst Hospitality INC
Jul 5, 2000
$600,000
Narayan Hospitality LLC
Ben-jean Enterprises INC
Grant Deed
related
$773,500 · Valley National Bank
—
—
Narayan Hospitality LLC
—
Deed Of Trust
related
$800,000 · Interbay Funding LLC
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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