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Property profile & analytics
OFF-MARKET Estimated value $565,000
Office buildings

809 State Rte 36 Union Beach, NJ 07735-3366

3,078 SF 0.24 ac lot Built 1991
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US59-1856746
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1991
Total area 3,078 SF
Lot 0.24 ac (10,440 SF)
Zoning code B-2
APN 50 00167-0000-00018
UPID US59-1856746
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
$360k
CAP Approach CAP
$775k
Comparable Approach Comparable
$631k
Blend (final) Blend
$565k
Owner & transaction history
Desai Capital LLC · 8 yrs held
Desai Capital LLC
since 2018
5 recorded transactions
2018
$337,500
2017
$335,000
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-2 · Union Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-2 Highway Business Zone. [ Ord. No. 324 , § 10.6; Ord. No. 2005-55 ; Ord. No. 2006-81 ; Ord. No. 2009-133 ; Ord. No. 2009-150 , § 3; Ord. No. 2016-244 § 9; amended 7-17-2025 by Ord. No. 2025-363 ] a. Permitted Uses. Uses within the following categories shall be permitted uses within the highway business zone unless otherwise specified in subsection 13-10.6…

Zone name Highway Business
General category COMMERCIAL
Zone area 16.85 ac
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