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Property profile & analytics
OFF-MARKET
Estimated value
$11,085,000
Commercial real estate
600 Hope Rd, Tinton Falls, NJ 07724-1275
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US59-1964400
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Construction
METAL FRAME
Total area
53,298 SF
Lot
5.03 ac (219,107 SF)
Zoning code
IO25
APN
49 00114-0000-00005- 01
UPID
US59-1964400
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
-
Mariah's Cookies Restaurant Take-out & Catering
-
ATM Atm
-
Sonesta Select Tinton Falls Eatontown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.07M
Comparable Approach
Comparable
$12.27M
Blend (final)
Blend
$11.09M
Owner & transaction history
Ekdant Tintonfalls LLC
Ekdant Tintonfalls LLC
since 2025
Last sale
$10.5M
1 recorded transaction
Zoning & alternative use
IO25 · Tinton Falls, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$14.1M
+25.4%
Office building
$13.1M
+17.0%
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 Tinton Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tinton Falls 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%
$11,990,000
6.5%
$11,070,000
7%
$10,280,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,235,000
Current use
APARTMENT HOUSE (5+ UNITS)
$14,085,000
Change: +25% · Conversion: Moderate
OFFICE BUILDING
$13,140,000
Change: +17% · Conversion: Easy
INDUSTRIAL (GENERAL)
$10,985,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$11.09M
Range $9.98M – $12.19M · ±10% · vs last sale $10.50M (Jul 9 2025)
Last sale anchor
$10.50M
Jul 9 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
$208 / 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
$170,111
Tax year 2023
Assessed value
$10,781,800
Assessed 2024
Previous assessed
$10,781,800
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$2,420,000
Assessed improvement
$8,361,800
Land market value
$2,420,000
Improvement market value
$8,361,800
Total market value
$10,781,800
Applied tax rate
49.0000
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
1986
Construction
METAL FRAME
Heating
NONE
Buildings
1
Stories
3
Total area
53,298 SF
Lot
5.03 ac (219,107 SF)
Zoning code
IO25
APN
49 00114-0000-00005- 01
UPID
US59-1964400
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
IO25 · Tinton Falls, NJ
Zoning IO25 · permitted uses
IO25 · Tinton Falls, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tinton Falls. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$11.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.1M
OFFICE BUILDING
Est. value
$13.1M
INDUSTRIAL (GENERAL)
Est. value
$11.0M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1986
Construction
METAL FRAME
Heating
NONE
Stories
3
Buildings
1
Lot
5.03 ac
Current owner
From public records · entity-resolved
Ekdant Tintonfalls LLC
Entity
Mailing address
1717 PO BOX 460389TH ST STE #3820, HOUSTON, TX 77056-8389
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2025
$10,500,000
Ekdant Tintonfalls LLC
Hptcy Properties Trust
Deed
$5,000,000 · Gbank
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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