Individually Owned 
For Lease
1 / 10
$700/Mo
44 Princeton Ave, Brick, NJ 08724
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Property summary
AI-generated overview
The property is an office suite configured with a main work area and an additional back storage area. The suite includes access to two conference rooms for tenant use and is equipped with a printer along with paper and ink. The suite’s utilities are provided as part of the building services. The building includes a professional tenant mix, including uses such as attorneys, financial planners, therapists, and accountants, and the office space may be expandable.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
BRICK
Total area
6,338 SF
Lot
0.78 ac (33,968 SF)
Zoning code
B2
APN
07 00867-0000-00009
UPID
US59-1088140
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$375k
Owner & transaction history
since 1998
2 recorded transactions
Zoning & alternative use
B2 · Brick, NJ
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 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
$375k
Value range
$338k – $413k
±10% around blend
Estimated value / SF
$59 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
70
$338k
blend $375k
$413k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,338 SF
Lot area
0.78 ac
Stories
1
APN
07 00867-0000-00009
Zoning
B2
Assessed value
$670,000
Annual tax
$16,355
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.13M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.22M
@ 6.5% CAP return
$1.13M
@ 7% CAP return
$1.05M
4
Sales comparison
Partial preview
Sales approach indication
$1.57M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.2 mi away · 6,109 SF
3.1 mi away · 6,722 SF
4.2 mi away · 4,600 SF
6.9 mi away · 5,551 SF
7.8 mi away · 7,500 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$375k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 34 sales
$261
-77%
Submarket 83 sales
$288
-79%
County 852 sales
$288
-79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $59/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 · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$670k
Move the market yield to see immediate price impact.
Value / SF
$106
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
5.00%7.00%9.00%
$42k
$844k
$603k
$469k
$47k
$938k
$670k
$521k
$52k
$1.03M
$737k
$573k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$1.18M
1.7 mi · Feb 2026 · $201/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$16,355
Tax year 2022
Assessed value
$670,000
Assessed 2023
Previous assessed
$670,000
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$286,700
Assessed improvement
$383,300
Land market value
$286,700
Improvement market value
$383,300
Total market value
$670,000
Applied tax rate
7.0000
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
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Total area
6,338 SF
Lot
0.78 ac (33,968 SF)
Zoning code
B2
APN
07 00867-0000-00009
UPID
US59-1088140
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B2 · Brick, NJZoning B2 · permitted uses
B2 · Brick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
0.78 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2
Jurisdiction
Brick, NJ
Recorded code
B2
Ownership Intelligence
Find the owner behind the property.
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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.
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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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