Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

675 Route 72 E Manahawkin, NJ 08050

FOR SALE
Office buildings
Property ID
US59-1043694
10,398 SF 1.74 ac lot
Last sale Oct 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a renovated office suite within a maintained office complex in Manahawkin, New Jersey, located on Route 72. The space contains approximately 1,350 square feet and includes new interior finishes such as carpeting and an updated bathroom. It is configured for professional office use and has suitability for medical, legal, and general business office functions. The complex setting includes off-street parking and is positioned near major regional access points, approximately 2 miles east of the LBI bridge and about 2 miles east of the Garden State Parkway.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$39k
Tax billed · 2022
Assessed value · 2023$1.67M
Assessed land$383k
Assessed improvement$1.29M
Effective rate2.35%

Value estimate

· Oct 2026
$2.51M
$2.25M – $2.76M
CAP approach$2.61M
Submarket $/SF estimate$2.19M
NOI build-up
Gross scheduled income$312k
Vacancy & credit loss−$100k
Operating expenses−$53k
NOI · 8.84% cap applied$159k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$238/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$166 – $349

Cap rate analysis

How does the asset earn?
8.84%
$159k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HC
JurisdictionOCEAN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.7
Locksmith8.6
Convenience Store8.2

Location

675 Route 72 E Manahawkin, NJ 08050
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 10 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1155 Rte 72nd W, Manahawkin, NJ 08050-2482 $1,075,000 Aug 2020 5,774 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved