Entity Owned
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For Sale
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425 Carr Ave, Keansburg, NJ 07734
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Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Construction
CONCRETE BLOCKS
Total area
29,138 SF
Lot
0.98 ac (42,885 SF)
Zoning code
LI
APN
23 00162-0000-00012- 01
UPID
US59-2113175
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.73M
CAP Approach
CAP
$4.30M
Comparable Approach
Comparable
$4.38M
Blend (final)
Blend
$3.47M
Owner & transaction history
since 2021
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
LI · Keansburg, NJ
Zoning description
Regulations Controlling the LI Light Industrial Zone District. [Ord. #1045, § 5.12] a. Purpose. The LI Light Industrial Zone District has been established to allow for the development of light industrial, manufacturing,…
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.47M
Value range
$3.12M – $3.82M
±10% around blend
Estimated value / SF
$119 / SF
Confidence
High
9 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
90
$3.12M
blend $3.47M
$3.82M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
29,138 SF
Lot area
0.98 ac
Year built
1989
Stories
1
APN
23 00162-0000-00012- 01
Zoning
LI
Assessed value
$2,341,000
Annual tax
$58,528
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.30M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.66M
@ 6.5% CAP return
$4.30M
@ 7% CAP return
$3.99M
4
Sales comparison
Partial preview
Sales approach indication
$10.48M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.9 mi away · 34,532 SF
19.8 mi away · 21,550 SF
20.3 mi away · 24,193 SF
20.8 mi away · 26,796 SF
22.8 mi away · 30,200 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.47M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 54 sales
$206
-42%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $119/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.10%
Implied, in-place cap rate for this industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.10%
9.0%
NOI (est.)
$198k *
Last sale · Oct 2021
$2.83M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.44M
Move the market yield to see immediate price impact.
Value / SF
$84
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.60%8.10%8.60%
$178k
$2.34M
$2.20M
$2.07M
$198k
$2.60M
$2.44M
$2.30M
$218k
$2.86M
$2.69M
$2.53M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$11.00M
11.8 mi · May 2026 · $440/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$58,528
Tax year 2022
Assessed value
$2,341,000
Assessed 2023
Previous assessed
$2,341,000
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$351,900
Assessed improvement
$1,989,100
Land market value
$351,900
Improvement market value
$1,989,100
Total market value
$2,341,000
Applied tax rate
23.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1989
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
1
Stories
1
Total area
29,138 SF
Lot
0.98 ac (42,885 SF)
Zoning code
LI
APN
23 00162-0000-00012- 01
UPID
US59-2113175
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · Keansburg, NJZoning LI · permitted uses
LI · Keansburg, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Regulations Controlling the LI Light Industrial Zone District. [Ord. #1045, § 5.12] a. Purpose. The LI Light Industrial Zone District has been established to allow for the development of light industrial, manufacturing,…
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Buildings
1
Lot
0.98 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
LI
INDUSTRIAL
Jurisdiction
Keansburg, NJ
Recorded code
LI
Official district
LI
Official district profile
What the municipal code says about LI
Zoning description
Regulations Controlling the LI Light Industrial Zone District. [Ord. #1045, § 5.12] a. Purpose. The LI Light Industrial Zone District has been established to allow for the development of light industrial, manufacturing,…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in Keansburg, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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