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Property profile & analytics
OFF-MARKET
Commercial real estate
500 Washington Blvd Sea Girt, NJ 08750-2903
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-2683837
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Construction
FRAME
Total area
560 SF
Lot
0.22 ac (9,500 SF)
Zoning code
2E
APN
43 00077-0000-00016
UPID
US59-2683837
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
Sea Girt Fifth Avenue LLC · 1 yrs held
Sea Girt Fifth Avenue LLC
since 2024
2 recorded transactions
Zoning & alternative use
2E · Sea Girt, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
No. 09-2008 § 1; amended 8-11-2021 by Ord. No. 15-2021 ] For the purpose of this chapter, the Borough is hereby divided into Use Districts as follows: Symbol District Zone 1E 1 East Single Family 1W 1 West Single Family 2E 2 East Convenience Commercial 2W 2 West Convenience Commercial 3 3 Beach 4 4 Recreational Open Space 5 5 Affordable Housing § 17-3.2 Loca…
Zone name
East Convenience Commercial
General category
COMMERCIAL
Zone area
8.20 ac
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 Sea Girt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sea Girt 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
$2,641
Tax year 2022
Assessed value
$526,800
Assessed 2023
Previous assessed
$526,800
+0.0% YoY
Effective rate
0.50%
On assessed value
Assessed land
$504,200
Assessed improvement
$22,600
Land market value
$504,200
Improvement market value
$22,600
Total market value
$526,800
Applied tax rate
43.0000
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
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
560 SF
Lot
0.22 ac (9,500 SF)
Zoning code
2E
APN
43 00077-0000-00016
UPID
US59-2683837
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
2E · Sea Girt, NJZoning 2E · permitted uses
2E · Sea Girt, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
No. 09-2008 § 1; amended 8-11-2021 by Ord. No. 15-2021 ] For the purpose of this chapter, the Borough is hereby divided into Use Districts as follows: Symbol District Zone 1E 1 East Single Family 1W 1 West Single Family 2E 2 East Convenience Commercial 2W 2 West Convenience Commercial 3 3 Beach 4 4 Recreational Open Space 5 5 Affordable Housing § 17-3.2 Location of Districts. [Ord. #579, A III § 2] The boundaries of these districts are de
Zone name
East Convenience Commercial
General category
COMMERCIAL
Zone area
8.20 ac
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Sea Girt Fifth Avenue LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1481 OAK TREE RD, ISELIN, NJ 08830-1625
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
—
Sea Girt Fifth Avenue LLC
Sitco Sea Girt LLC
Deed
—
—
—
Steven Baragona
—
Deed Of Trust
related
$50,000 · Wells Fargo Bank
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.
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