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Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Commercial real estate
535 Washington Blvd 541 Sea Girt, NJ 08750-2904
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-2651909
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
FRAME
Total area
7,820 SF
Lot
0.29 ac (12,500 SF)
APN
43 00076-0000-00006
UPID
US59-2651909
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
$2.64M
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.69M
Owner & transaction history
519 Washington Blvd Re LLC · 1 yrs held
519 Washington Blvd Re LLC
since 2025
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.5M
+15.8%
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
Method
Estimation
Statistic approach
$2,625,000
ML approach
$2,640,000
CAP Approach
CAP Return
Estimation
6%
$1,760,000
6.5%
$1,625,000
7%
$1,510,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,140,000
Current use
OFFICE BUILDING
$2,480,000
Change: +16% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,065,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$2.69M
Range $2.42M – $2.96M · ±10% · vs last sale $2.75M (Jan 29 2025)
Last sale anchor
$2.75M
Jan 29 2025
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
$344 / 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
$7,728
Tax year 2022
Assessed value
$2,542,000
Assessed 2023
Previous assessed
$2,542,000
+0.0% YoY
Effective rate
0.30%
On assessed value
Assessed land
$675,900
Assessed improvement
$1,866,100
Land market value
$675,900
Improvement market value
$1,866,100
Total market value
$2,542,000
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
1950
Construction
FRAME
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
7,820 SF
Lot
0.29 ac (12,500 SF)
APN
43 00076-0000-00006
UPID
US59-2651909
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1950
Construction
FRAME
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
519 Washington Blvd Re LLC
Entity
Mailing address
535 WASHINGTON BLVD #541, SEA GIRT, NJ 08750-2904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2025
—
519 Washington Blvd Re LLC
—
Deed
related
$7,140,000 · First Bank
Apr 29, 2025
$2,750,000
519 Washington Blvd Re LLC
519 Washington Sg LLC
Deed
—
Jun 10, 2021
$2,250,000
519 Washington Sg LLC
Gregory Zyskowski
Deed
—
Aug 16, 2005
$1
Gregory Zyskowski
Zyskowski,gregory & Teresa
Grant Deed
related
$1,100,000 · Northfield Savings
—
—
Gregs Car Waxing INC
—
Deed Of Trust
related
$1,375,000 · Oceanfirst Bk
—
—
Gregory V Zyskowski
—
Deed Of Trust
related
$1,300,000 · Manasquan Savings Bank
—
—
Gregory Zyskowski
—
Deed Of Trust
related
$200,000 · Teresa Zyskowski
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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