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Property profile

48 South St Eatontown, NJ 07724

FOR SALE
Office buildings
Property ID
US59-1036166
1,804 SF 0.25 ac lot Built 1910
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use commercial property is located in Eatontown within the B-2 Business Zone and is situated with visibility from Route 35. The building area is 1,804 square feet. The B-2 zoning district allows a range of uses, including offices, personal services, and live-in professional spaces, subject to confirmation of permitted uses with the municipality. The property’s surrounding area includes nearby redevelopment activity, including renovations at Monmouth Mall (which includes residential…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$559k
Assessed land$223k
Assessed improvement$336k
Effective rate1.63%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$17k
Operating expenses−$9k
NOI · 4.25% cap applied$28k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$247/SF
County average, outlier-cleaned · 105 recorded sales of this use type
Observed band · Q1–Q3$174 – $362

Cap rate analysis

How does the asset earn?
4.25%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.4
Auto Parts Store16.5
Wholesale Shop15.5

Location

48 South St Eatontown, NJ 07724
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30 Ss, Eatontown, NJ 07724-3405 $425,000 May 2024 1,701 SF
44 Monmouth, Eatontown, NJ 07724-2343 $675,000 Dec 2023 2,770 SF
70 Apple, Tinton Falls, NJ 07724-2679 $4,360,000 Sep 2023 30,000 SF
350 Broad, Eatontown, NJ 07724-1616 $240,000 Jan 2021 1,620 SF
86 Broad, Eatontown, NJ 07724-1518 $550,000 Apr 2019 3,696 SF
766 Shrewsbury, Tinton Falls, NJ 07724-3001 $9,900,000 Jan 2019 43,876 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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