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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Industrial properties
715 Old Shr Rd Forked River, NJ 08731-5905
Entity Owned
~
Est. High Equity
Property ID
US59-1694848
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Lot
1.03 ac (44,954 SF)
Zoning code
M1
APN
13 01002-0000-00001- 19
UPID
US59-1694848
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
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
J & T Property Management Lllp
J & T Property Management Lllp
since 2025
Last sale
$745,000
7 recorded transactions
Zoning & alternative use
M1 · Forked River, 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 Forked River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forked River 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
$930,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $745k (Jan 22 2021)
Last sale anchor
$745k
Jan 22 2021
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 2022Property tax & assessments
Tax year 2022
Tax billed
$14,067
Tax year 2022
Assessed value
$621,600
Assessed 2023
Previous assessed
$621,600
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$216,300
Assessed improvement
$405,300
Land market value
$216,300
Improvement market value
$405,300
Total market value
$621,600
Applied tax rate
13.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
NONE
Units
1
Lot
1.03 ac (44,954 SF)
Zoning code
M1
APN
13 01002-0000-00001- 19
UPID
US59-1694848
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
M1 · Forked River, NJ
Zoning M1 · permitted uses
M1 · Forked River, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forked River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Units
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
J & T Property Management Lllp
Entity
Mailing address
715 OLD SHR RD, FORKED RIVER, NJ 08731-5905
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
—
J & T Property Management Lllp
Blaze Emergency Equipment LLC
Quitclaim Deed
related
—
Jan 22, 2021
$745,000
Blaze Emergency Equipment LLC
Ronald & Grace Faillace LLC
Grant Deed
—
Feb 6, 1990
$310,000
Dominick Robertozzi
Unknown
Grant Deed
—
—
—
Ronald & Grace Faillace LLC
—
Deed Of Trust
related
$504,000 · Oceanfirst Bank
—
—
Ronald & Grace Faillace LLC
—
Deed Of Trust
related
$100,000 · Oceanfirst Bank
—
—
Ronald & Grace Faillace LLC
—
Deed Of Trust
related
$560,000 · Oceanfirst Bank
—
—
Ronald Faillace
—
Deed Of Trust
related
$150,000 · Bank Of America
—
—
Ronald & Grace Faillace LLC
—
Deed Of Trust
related
$250,000 · Us Small Business Admn
—
—
Ronald & Grace Faillace LLC
—
Deed Of Trust
related
$250,000 · Us Small Business Admn
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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