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Property profile & analytics
OFF-MARKET
Commercial real estate
514 Garfield Ave Avon By The Sea, NJ 07717-1157
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-1507233
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
1,728 SF
Lot
0.04 ac (1,850 SF)
Zoning code
DC
APN
06 00025- 01-00007- 02
UPID
US59-1507233
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
-
Shore Children's Dental Care Dental Office
-
Dr. Jocelyn Jeffries, DDS Dental Office
-
Dr. Binni Patel Dental Office
-
Martin Henry Rabinovich Dental Office
-
Irvin Bruce Sherman Dental Office
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
GARFIELD ONE LLC
GARFIELD ONE LLC
Zoning & alternative use
DC · Avon By The Sea, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
113-11 R - Single-Family Residential District § 113-11.1 R Single-Family Residential District - Development process. § 113-12 GC - General Commercial District. § 113-13 M-O/R - Mixed Office/Residential District § 113-14 DC - Downtown Commercial District. § 113-15 B - Beach District. § 113-16 MLC - Mount Laurel Compliance. Article V General Zoning Provisions…
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
24.74 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 Avon By The Sea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon By The Sea 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
$3,650
Tax year 2022
Assessed value
$432,000
Assessed 2023
Previous assessed
$432,000
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$180,000
Assessed improvement
$252,000
Land market value
$180,000
Improvement market value
$252,000
Total market value
$432,000
Applied tax rate
6.0000
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
1900
Heating
NONE
Total area
1,728 SF
Lot
0.04 ac (1,850 SF)
Zoning code
DC
APN
06 00025- 01-00007- 02
UPID
US59-1507233
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
DC · Avon By The Sea, NJZoning DC · permitted uses
DC · Avon By The Sea, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
113-11 R - Single-Family Residential District § 113-11.1 R Single-Family Residential District - Development process. § 113-12 GC - General Commercial District. § 113-13 M-O/R - Mixed Office/Residential District § 113-14 DC - Downtown Commercial District. § 113-15 B - Beach District. § 113-16 MLC - Mount Laurel Compliance. Article V General Zoning Provisions § 113-17 Accessory Buildings. § 113-18 Landscaping, Hedges and Fences. § 113-19 Li
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
24.74 ac
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
0.04 ac
Current owner
From public records · entity-resolved
GARFIELD ONE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2 SECRETARIAT DR, COLTS NECK, NJ 07722-1816
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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