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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Commercial real estate
5507 Ocean Ave Wildwood Crest, NJ 08260
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-2008230
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
CONCRETE BLOCKS
Lot
0.92 ac (40,001 SF)
Zoning code
M-1A
APN
15 00006- 04-00001
UPID
US59-2008230
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Aqua Beach Resort LLC · 3 yrs held
Aqua Beach Resort LLC
since 2023
4 recorded transactions
Zoning & alternative use
M-1A · Wildwood Crest, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to permit hotels, motels, condotels and multi family development with access to the Atlantic Ocean and to preserve and promote the enhancement of hotel or motel type facilities for service to the tourist industry.
Zone name
Hotel Motel And Multifamily
General category
RESIDENTIAL
Zone area
37.61 ac
Source
Realmo
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 Wildwood Crest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wildwood Crest 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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
—
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
$143,693
Tax year 2023
Assessed value
$10,220,000
Assessed 2024
Previous assessed
$10,220,000
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$3,000,000
Assessed improvement
$7,220,000
Land market value
$3,000,000
Improvement market value
$7,220,000
Total market value
$10,220,000
Applied tax rate
15.0000
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
5
Units
1
Lot
0.92 ac (40,001 SF)
Zoning code
M-1A
APN
15 00006- 04-00001
UPID
US59-2008230
Jurisdiction
CAPE MAY
Zoning & alternative use
M-1A · Wildwood Crest, NJZoning M-1A · permitted uses
M-1A · Wildwood Crest, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to permit hotels, motels, condotels and multi family development with access to the Atlantic Ocean and to preserve and promote the enhancement of hotel or motel type facilities for service to the tourist industry.
Zone name
Hotel Motel And Multifamily
General category
RESIDENTIAL
Zone area
37.61 ac
Source
Realmo
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
5
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Aqua Beach Resort LLC
Entity
Mailing address
5501 OCEAN AVE, WILDWOOD CREST, NJ 08260-4323
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
Aqua Beach Resort LLC
—
Deed
related
$3,200,000 · Sturdy Savings Bank
—
—
Aqua Beach Resort LLC
—
Deed Of Trust
related
$2,500,000 · Cape Bk
—
—
Aqua Beach Resort LLC
—
Loan Modification
related
$2,214,855 · Susquehanna Bk
—
—
Aqua Beach Resort LLC
—
Deed Of Trust
related
$700,000 · Susquehanna Patriot Bk
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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