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Property profile & analytics
FOR SALE
Commercial real estate
426 Clifton Ave Lakewood, NJ 08701
Trust Owned
16-yr Hold
~
Est. High Equity
Property ID
US59-0087677
For Sale
1 / 5
$999,000
426 Clifton Ave, Lakewood, NJ 08701
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Construction
CONCRETE BLOCKS
Total area
1,520 SF
Lot
0.03 ac (1,200 SF)
Zoning code
B2
APN
15 00093-0000-00010
UPID
US59-0087677
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
Current use
Occupant on record · Public records
-
Funding Resources Mortgage Corp. Loan Service Bank
-
Eretz Funding Ltd Loan Service Bank
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
Clifton Family Trust · 16 yrs held
Clifton Family Trust
since 2009
6 recorded transactions
Zoning & alternative use
B2 · Lakewood, 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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$5,178
Tax year 2022
Assessed value
$226,900
Assessed 2023
Previous assessed
$226,900
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$30,000
Assessed improvement
$196,900
Land market value
$30,000
Improvement market value
$196,900
Total market value
$226,900
Applied tax rate
15.0000
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
For Sale
Year built
1940
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
1,520 SF
Lot
0.03 ac (1,200 SF)
Zoning code
B2
APN
15 00093-0000-00010
UPID
US59-0087677
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B2 · Lakewood, NJ
Zoning B2 · permitted uses
B2 · Lakewood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Clifton Family Trust
Trust
Mailing address
426 CLIFTON AVE, LAKEWOOD, NJ 08701-3234
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Dec 28, 2009
—
Clifton Family Trust
Follman,yitzchok
Grant Deed
—
Dec 13, 2005
$175,000
Yitzchok Follman
Follman,david
Grant Deed
related
—
Aug 20, 1998
$105,000
David Follman
Clifton Property Corp
Grant Deed
$59,500 · Greenpoint Mortgage Corp
Jun 7, 1988
$135,000
Clifton Property Corp / Weiss
Unknown
Grant Deed
—
—
—
Yitzchok Follman
—
Deed Of Trust
related
$225,000 · Greenpoint Mortgage Funding
—
—
David Follmas
—
Deed Of Trust
related
$60,000 · Avrumy Jachimowitz
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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