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Property profile & analytics
OFF-MARKET
Estimated value
$3,680,000
Commercial real estate
510 Roseld Ave Deal, NJ 07723-1439
Individually Owned
14-yr Hold
Free & Clear
Property ID
US59-1164256
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1942
Total area
18,556 SF
Lot
163.4 ac (7,117,704 SF)
Zoning code
R-1
APN
37 00040-0000-00001
UPID
US59-1164256
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
$3.86M
Comparable Approach
Comparable
$2.91M
Blend (final)
Blend
$3.68M
Owner & transaction history
Twp Ocean · 14 yrs held
Twp Ocean
since 2011
7 recorded transactions
Zoning & alternative use
R-1 · Deal, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.9M
+1.9%
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 Deal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deal 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,175,000
6.5%
$3,855,000
7%
$3,580,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,810,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,905,000
Change: +2% · Conversion: Moderate
OFFICE BUILDING
$4,575,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$3.68M
Range $3.31M – $4.05M · ±10%
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
$198 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$275,683
Tax year 2023
Assessed value
$18,198,900
Assessed 2024
Previous assessed
$18,198,900
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$13,072,000
Assessed improvement
$5,126,900
Land market value
$13,072,000
Improvement market value
$5,126,900
Total market value
$18,198,900
Applied tax rate
37.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1942
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Total area
18,556 SF
Lot
163.4 ac (7,117,704 SF)
Zoning code
R-1
APN
37 00040-0000-00001
UPID
US59-1164256
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-1 · Deal, NJ
Zoning R-1 · permitted uses
R-1 · Deal, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deal. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.6M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1942
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Lot
163.4 ac
Current owner
From public records · entity-resolved
Twp Ocean
Individual
Free & Clear · 14 yrs held
Mailing address
510 ROSELD AVE, DEAL, NJ 07723-1439
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Dec 24, 2025
—
Hollywood Golf Club
—
Deed
related
$1,000,000 · Td Bank NA
Dec 18, 2025
—
Hollywood Golf Club
—
Deed
related
$1,500,000 · Td Bank NA
Nov 15, 2011
—
Twp Ocean
Ocean Twp
Quit Claim Deed
related
—
Oct 24, 2011
—
Hollywood Golf Club
—
Grant Deed
related
$5,850,000 · Two River Community Bank
—
—
Hollywood Golf Club
—
Deed Of Trust
related
$1,400,000 · Two River Community Bank
—
—
Hollywood Golf Club
—
Loan Modification
related
$1,795,000 · Two River Cmnty Bk
—
—
Hollywood Golf Club
—
Deed Of Trust
related
$350,000 · Central Jersey Bank & Trust Co
—
—
Hollywood Golf Club
—
Deed Of Trust
related
$2,350,000 · Central Jersey Bank & Trust Co
—
—
Hollywood Golf Club
—
Deed Of Trust
related
$350,000 · Central Jersey Bank & Trust Co
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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