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Property profile

761 Palmer Ave Holmdel, NJ 07733

FOR LEASE
Other commercial real estate
Property ID
US59-1441119
6,136 SF 0.57 ac lot Built 1987
Last sale Nov 2012
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
761 Palmer Ave, Holmdel, NJ 07733 For Lease
$1,900/Mo 515 SF available
761 Palmer Ave, Holmdel, NJ 07733
View Listing

Property summary

AI-generated overview

This first-floor office space is located in Holmdel and includes four rooms with two separate entrances. The interior area is just over 400 square feet and is arranged to accommodate a waiting room at the first entrance, with a hallway leading to a separate office accessible through the second entrance, consistent with the provided floor plan. The space is configured for office use.

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?
$19k
Tax billed · 2022
Assessed value · 2023$1.10M
Assessed land$435k
Assessed improvement$666k
Effective rate1.73%

Value estimate

· Oct 2026
$805k
$725k – $886k
Submarket $/SF estimate$1.04M
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$5k
Operating expenses−$3k
NOI · 414.74% cap applied$8k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$259/SF
County average, outlier-cleaned · 1093 recorded sales of this use type
Observed band · Q1–Q3$161 – $392
Qualifying comparables10

Cap rate analysis

How does the asset earn?
414.74%
$8k 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?
R11
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency41.5
Law Firm33.2
Dental Office19.3

Location

761 Palmer Ave Holmdel, NJ 07733
County assessor Recorded deeds · 8 transfers 10 qualifying comp sales 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
37 Main, Holmdel, NJ 07733-2105 $615,000 Dec 2022 3,913 SF
961 Holmdel, Holmdel, NJ 07733-2103 $724,500 Sep 2021 4,207 SF
51 Main, Holmdel, NJ 07733-2310 $370,000 Aug 2021 2,944 SF
2074 State Rte 35, Holmdel, NJ 07733-1031 $731,250 Sep 2020 4,772 SF
2068 State Rte 35, Holmdel, NJ 07733-1092 $731,250 Sep 2020 3,529 SF
34 Main, Holmdel, NJ 07733-2106 $1,150,000 Mar 2019 5,754 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
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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