Individually Owned 
For Sale
1 / 8
$650,000
78 1St St, Keyport, NJ 07735
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Construction
FRAME
Total area
3,787 SF
Lot
0.1 ac (4,532 SF)
Zoning code
RB
APN
24 00093-0000-00003
UPID
US59-2179649
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$340k
Owner & transaction history
since 2015
2 recorded transactions
Zoning & alternative use
RB · Keyport, NJ
Zoning description
RESIDENTIAL DISTRICT B (RB) REGULATIONS. [Amended 12-18-2018 by Ord. No. 28-18 ] Purpose. The purpose of the RB Residential District is to provide a balance of housing stock while providing a transitional buffer to the R…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 16 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$340k
Value range
$306k – $374k
±10% around blend
Estimated value / SF
$90 / SF
Confidence
High
16 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$306k
blend $340k
$374k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,787 SF
Lot area
0.1 ac
Year built
1920
Stories
4
APN
24 00093-0000-00003
Zoning
RB
Assessed value
$464,500
Annual tax
$10,848
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$10,848
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$750k
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.7 mi away · 4,294 SF
2.2 mi away · 3,490 SF
3.0 mi away · 3,713 SF
3.5 mi away · 2,709 SF
3.6 mi away · 2,948 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$340k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 46 sales
$182
-51%
Submarket 45 sales
$182
-51%
County 1093 sales
$259
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $90/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
7.87%
Selected cap rate for this commercial real estate
Derived from the Keyport market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.87%
9.0%
NOI (est.)
$51k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$650k
Move the market yield to see immediate price impact.
Value / SF
$172
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.37%7.87%8.37%
$46k
$624k
$585k
$550k
$51k
$694k
$650k
$611k
$56k
$763k
$715k
$672k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$640k
1.3 mi · Dec 2025 · $210/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$10,848
Tax year 2022
Assessed value
$464,500
Assessed 2023
Previous assessed
$464,500
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$230,900
Assessed improvement
$233,600
Land market value
$230,900
Improvement market value
$233,600
Total market value
$464,500
Applied tax rate
24.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1920
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
4
Units
1
Total area
3,787 SF
Lot
0.1 ac (4,532 SF)
Zoning code
RB
APN
24 00093-0000-00003
UPID
US59-2179649
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
RB · Keyport, NJZoning RB · permitted uses
RB · Keyport, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
RESIDENTIAL DISTRICT B (RB) REGULATIONS. [Amended 12-18-2018 by Ord. No. 28-18 ] Purpose. The purpose of the RB Residential District is to provide a balance of housing stock while providing a transitional buffer to the R…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
4
Buildings
1
Units
1
Lot
0.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RB
COMMERCIAL
Jurisdiction
Keyport, NJ
Recorded code
RB
Official district
RB
Official district profile
What the municipal code says about RB
Zoning description
RESIDENTIAL DISTRICT B (RB) REGULATIONS. [Amended 12-18-2018 by Ord. No. 28-18 ] Purpose. The purpose of the RB Residential District is to provide a balance of housing stock while providing a transitional buffer to the R…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RB in Keyport, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
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