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Property profile & analytics
OFF-MARKET
Commercial real estate
419 State Rte 71 Spring Lake, NJ 07762-1830
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US59-2064335
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Total area
1,856 SF
Lot
0.17 ac (7,500 SF)
Zoning code
240
APN
48 00034-0000-00003
UPID
US59-2064335
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Srb Properties LLC · 10 yrs held
Srb Properties LLC
since 2016
6 recorded transactions
Zoning & alternative use
240 · Spring Lake, 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 Spring Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,025
Tax year 2022
Assessed value
$531,000
Assessed 2023
Previous assessed
$531,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$275,000
Assessed improvement
$256,000
Land market value
$275,000
Improvement market value
$256,000
Total market value
$531,000
Applied tax rate
48.0000
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
1960
Heating
NONE
Buildings
1
Total area
1,856 SF
Lot
0.17 ac (7,500 SF)
Zoning code
240
APN
48 00034-0000-00003
UPID
US59-2064335
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
240 · Spring Lake, NJ
Zoning 240 · permitted uses
240 · Spring Lake, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Buildings
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Srb Properties LLC
Entity
Mailing address
419 STATE RTE 71, SPRING LAKE, NJ 07762-1830
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jul 14, 2016
$400,000
Srb Properties LLC
419 Associates LLC
Grant Deed
$300,000 · Unity Bk
Mar 1, 2013
$400,000
419 Associates LLC
Fgs Partners LLC
Grant Deed
$264,800 · Rumson Fair Haven Bank & Trust
May 15, 2007
$510,000
Fgs Partners LLC
Springwood Lake LLC
Grant Deed
—
Sep 8, 2004
$425,000
Springwood Lake LLC
Mulligan,elizabeth C
Grant Deed
—
—
—
Fgs Partners Lc
—
Deed Of Trust
related
$2,333 · Craig R Miller
—
—
Fgs Partners LLC
—
Deed Of Trust
related
$110,000 · Springwood Lake 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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