New search
Property profile & analytics
OFF-MARKET
Commercial real estate
703 Richmond Ave Point Pleasant Beach, NJ 08742-3041
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-0454095
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
BRICK
Lot
0.36 ac (15,625 SF)
Zoning code
HC
APN
26 00072-0000-00001
UPID
US59-0454095
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
-
Villani & DeLuca: Carmine Villani, Esq. Law Firm
-
Ravaschiere Gina J Law Firm
-
Villani & DeLuca: Vincent C. DeLuca, Esq. Law Firm
-
Villani & DeLuca, Attorneys at Law Law Firm
-
Zonin Wealth Management Financial Advisor
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
Crv Construction LLC · 5 yrs held
Crv Construction LLC
since 2021
7 recorded transactions
Zoning & alternative use
HC · Point Pleasant Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Point Pleasant Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Point Pleasant Beach 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
$17,846
Tax year 2022
Assessed value
$1,102,300
Assessed 2023
Previous assessed
$1,102,300
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$682,500
Assessed improvement
$419,800
Land market value
$682,500
Improvement market value
$419,800
Total market value
$1,102,300
Applied tax rate
26.0000
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
BRICK
Heating
NONE
Stories
2
Units
1
Lot
0.36 ac (15,625 SF)
Zoning code
HC
APN
26 00072-0000-00001
UPID
US59-0454095
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
HC · Point Pleasant Beach, NJ
Zoning HC · permitted uses
HC · Point Pleasant Beach, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Point Pleasant Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Crv Construction LLC
Entity
Mailing address
703 RICHMOND AVE, PT PLEASANT BEACH, NJ 08742-3041
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2021
$25,000
Crv Construction LLC
Karen J Hannon
Deed
—
Dec 28, 2017
—
703 Richmond Ave Assocs LLC
703 Richmond Ave Assocs LLC
Quit Claim Deed
related
$700,000 · Bank Of America
May 28, 2004
—
703 Richmond Avenue Assocs LLC
—
Trustees Deed
related
$100,000 · Oceanfirst Bank
Dec 22, 1998
$210,000
Storino Storino
Crosbie,kathleen & James
Grant Deed
—
—
—
703 Richmond Ave Assocs LLC
—
Deed Of Trust
related
$900,000 · Oceanfirst Bank
—
—
703 Richmond Avenue Assocs LLC
—
Deed Of Trust
related
$795,000 · Manasquan Svgs Bk
—
—
703 Richamond Ave Associates
—
Deed Of Trust
related
$475,000 · Oceanfirst Bank
—
—
703 Richmond Ave Assocs LLC
—
Deed Of Trust
related
$258,876 · Oceanfirst Bank
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.
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?”
You own 703 Richmond Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
