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Property profile & analytics
FOR SALE
Commercial real estate
813 Main St Avon by the Sea, NJ 07717
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US59-2046850
For Sale
1 / 47
$1,750,000
813 Main St, Avon by the Sea, NJ 07717
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1939
Construction
CONCRETE BLOCKS
Total area
5,640 SF
Lot
0.23 ac (10,220 SF)
Zoning code
GC
APN
06 00003-0000-00004
UPID
US59-2046850
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
-
Landmark Surveying & Engineering Land Surveyor Civil Engineer
-
John Hancock Financial Network Insurance Agency
-
Doehler-Mc Evoy Financial Group Consultant Atm
-
Hardie Windows & Siding Co Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.14M
Owner & transaction history
Two Brothers · 9 yrs held
Two Brothers
since 2017
4 recorded transactions
Zoning & alternative use
GC · Avon By The Sea, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
nership. Article IV District Zoning Regulations § 113-10 Regulations Applying to All Zones. § 113-11 R - Single-Family Residential District § 113-11.1 R Single-Family Residential District - Development process. § 113-12 GC - General Commercial District. § 113-13 M-O/R - Mixed Office/Residential District § 113-14 DC - Downtown Commercial District. § 113-15 B…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
11.76 ac
Top alternative use upside
Apartment house (5+ units)
$1.5M
+1.9%
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 Avon by the Sea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon by the Sea 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,170,000
7%
$1,090,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,465,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,490,000
Change: +2% · Conversion: Moderate
OFFICE BUILDING
$1,390,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10%
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
$201 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,660
Tax year 2023
Assessed value
$1,015,200
Assessed 2024
Previous assessed
$1,015,200
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$630,000
Assessed improvement
$385,200
Land market value
$630,000
Improvement market value
$385,200
Total market value
$1,015,200
Applied tax rate
6.0000
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
For Sale
Year built
1939
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
1
Stories
1
Total area
5,640 SF
Lot
0.23 ac (10,220 SF)
Zoning code
GC
APN
06 00003-0000-00004
UPID
US59-2046850
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
GC · Avon By The Sea, NJZoning GC · permitted uses
GC · Avon By The Sea, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
nership. Article IV District Zoning Regulations § 113-10 Regulations Applying to All Zones. § 113-11 R - Single-Family Residential District § 113-11.1 R Single-Family Residential District - Development process. § 113-12 GC - General Commercial District. § 113-13 M-O/R - Mixed Office/Residential District § 113-14 DC - Downtown Commercial District. § 113-15 B - Beach District. § 113-16 MLC - Mount Laurel Compliance. Article V General Zoning
Zone name
General Commercial
General category
COMMERCIAL
Zone area
11.76 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1939
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Buildings
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Two Brothers
Individual
Mailing address
PO BOX 304, AVON BY THE SEA, NJ 07717-0304
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2017
—
Two Brothers
—
Deed
related
$112,232 · Oceanfirst Bk
—
—
Two Brothers
—
Deed Of Trust
related
$112,232 · Oceanfirst Bank
—
—
Two Brothers
—
Deed Of Trust
related
$112,232 · Oceanfirst Bk
—
—
Two Brothers
—
Deed Of Trust
related
$583,000 · 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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