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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Commercial real estate
501 Main St Belmar, NJ 07719-2138
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US59-0644667
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1947
Total area
1,232 SF
Lot
0.17 ac (7,452 SF)
Zoning code
CBD2
APN
07 00056-0000-00004
UPID
US59-0644667
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
-
Strollos Italian Ice Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$488k
Blend (final)
Blend
$770k
Owner & transaction history
Epk Ents Of Belmar LLC · 6 yrs held
Epk Ents Of Belmar LLC
since 2020
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
CBD2 · Belmar, 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 Belmar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmar 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
Method
Estimation
Statistic approach
$925,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $750k (Apr 27 2020)
Last sale anchor
$750k
Apr 27 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$625 / SF
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
$8,430
Tax year 2022
Assessed value
$621,200
Assessed 2023
Previous assessed
$621,200
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$454,500
Assessed improvement
$166,700
Land market value
$454,500
Improvement market value
$166,700
Total market value
$621,200
Applied tax rate
7.0000
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
1947
Heating
NONE
Buildings
1
Total area
1,232 SF
Lot
0.17 ac (7,452 SF)
Zoning code
CBD2
APN
07 00056-0000-00004
UPID
US59-0644667
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
CBD2 · Belmar, NJ
Zoning CBD2 · permitted uses
CBD2 · Belmar, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmar. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Buildings
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Epk Ents Of Belmar LLC
Entity
Mailing address
72 INLT TER, BELMAR, NJ 07719-2151
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2020
$750,000
Epk Ents Of Belmar LLC
Bsok Partners LLC
Grant Deed
$250,000 · Louis V Filoso
Jan 15, 2020
—
Bsok Partners LLC
—
Deed
related
$200,000 · Manasquan Bk
Dec 29, 2016
—
Bsok Partners LLC
—
Trustees Deed
related
$100,000 · William J Shipers
May 29, 2015
$650,000
Bsok Partners LLC
Belmar 501 LLC
Grant Deed
$450,000 · Belmar 500 LLC
Feb 21, 2006
—
Belmar 501 LLC
Filoso,louis V
Quit Claim Deed
related
—
—
—
Belmar 501 LLC
—
Deed Of Trust
related
$219,843 · Amboy Nat'l Bk
—
—
Belmar 501 LLC
—
Deed Of Trust
related
$225,000 · Kearny Fsb
—
—
Bsok Partners LLC
—
Deed Of Trust
related
$200,000 · Manasquan Bk
—
—
Belmar 501 LLC
—
Deed Of Trust
related
$225,000 · Amboy National 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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