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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    952 Holmdel Rd Holmdel, NJ 07733-2104

    • Office buildings
    • 10,000 SF
    • 11.00 lot acres
    OFF-MARKET
    Last Sale
    Feb 12, 2020
    $3,100,000
    Value Estimations
    $3,465,000
    Show details
    Cap Rate Potential
    4.2%
    Office buildings
    Location Intelligence
    Property ID
    US59-0060688
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kinghorn Homes NJ / Real Estate Agent
    • Nathanson Real Estate Group / Real Estate Agent
    • Ron Ison / Real Estate Agency
    • Beatrice Grigoletto - Keller Williams / Real Estate Agent / Real Estate Agency
    • Agent Pico, Real Estate Specialist / Real Estate Agency

    Property Details for 952 Holmdel Rd

    Year built
    1956
    Construction
    FRAME
    Lot size
    11.00 lot acres
    Property size
    10,000 SF
    Zone code
    OL2
    Property type
    Office buildings
    APN
    20 00013-0000-00012
    APU
    2000013000000012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,845,000
      ML approach
      $3,810,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,720,000
      6.5%
      $2,510,000
      7%
      $2,330,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,366,000
      Market price range: $1.74M - $3.62M
      AI Estimate
      $3,200,000
      Market price range: $1.82M - $3.21M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,465,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $2,645,000
      Change: +7% Conversion: Easy
      COMMERCIAL (GENERAL)
      $2,595,000
      Change: +5% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Holmdel
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.1879
    Latitude
    40.3554
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $52,900
    $1,360,800
    $1,701,700
    $3,062,500
    -
    $1,360,800
    $1,701,700
    $3,062,500

    Comparable in this City

    • Value Estimation
      $620,000
      13,680 SF

      2124 State Rte 35

      OFFICE BUILDING • 13,680 SF
      2124 State Rte 35, Holmdel, NJ 07733-1084
      View Details
    • Value Estimation
      $415,000
      4,802 SF

      11 Main St

      OFFICE BUILDING • 4,802 SF
      11 Main St, Holmdel, NJ 07733-2105
      View Details
    • Value Estimation
      $315,000
      2,387 SF

      74th Un Ave

      OFFICE BUILDING • 2,387 SF
      74th Un Ave, Holmdel, NJ 07733-1117
      View Details
    • Value Estimation
      $385,000
      3,026 SF

      71 Main St

      OFFICE BUILDING • 3,026 SF
      71 Main St, Holmdel, NJ 07733-2349
      View Details
    • Value Estimation
      $985,000
      1.25 Acres

      670 Beers St, Unit 3

      CONDOMINIUM OFFICES • 1.25 Acres
      670 Beers St, Holmdel, NJ 07733-1516
      View Details
    • Value Estimation
      $875,000
      1,193 SF

      670 Beers St, Unit 4

      CONDOMINIUM OFFICES • 1,193 SF
      670 Beers St, Holmdel, NJ 07733-1516
      View Details

    Similar Nearby for Sale

    • New
      $999,000
      3,026 SF

      Holmdel Office Building For Sale

      Recently renovated office building in Holmdel, close to transportation.
      71 Main St, Holmdel, NJ 07733
      View Details
    • $1,875,000

      Holmdel Office Building For Sale

      Two-story office building on almost two acres in Holmdel.
      2135 State Route 35, Holmdel, NJ 07733
      View Details
    • $500,000

      Holmdel Medical Office Investment

      Versatile medical office space in Holmdel, suitable for investors.
      670 And 4, Holmdel, NJ 07733
      View Details
    • $299,900
      871 SF

      Holmdel Office with Exam Rooms

      First-floor office space featuring exam rooms and private staff entrance.
      721 N Beers St, Holmdel, NJ 07733
      View Details
    • $450,000

      Highway 35 Holmdel Commercial Land

      High-visibility commercial lot, 1.5 acres.
      2121 Hwy 35, Holmdel, NJ 07733
      View Details
    • $375,000
      2.16 Acres

      Highway Frontage Commercial Land

      Commercial land with high visibility on Highway 35.
      2121 Hwy, Holmdel, NJ 07733
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,600,000 SF

      Holmdel Office Space Available

      Large office building for rent in Holmdel, New Jersey.
      101 Crawfords Corner Rd, Holmdel, NJ 07733
      View Details
    • $21 SF/Yr
      18,200 SF

      Two-Story Brick Office Buildings

      Two-story office buildings with ample parking and professional landscaping.
      960 Holmdel Rd, Holmdel, NJ 07733
      View Details
    • $975 /Mo
      700 SF

      Holmdel Office Space For Rent

      700 SF Holmdel office space available for lease.
      45 Main St, Holmdel, NJ 07733
      View Details
    • $990 /Mo

      Holmdel Office Space For Rent

      Renovated 3-room office unit in Holmdel's business district.
      22 S Holmdel Rd, Holmdel, NJ 07733
      View Details
    • $28 SF/Yr
      1,488 SF

      Holmdel Office Space Available

      1488 square feet of office space for rent.
      100 Commons Way, Holmdel, NJ 07733
      View Details
    • $1,650 /Mo

      Renovated Office Space Available

      Six-room office space with planned renovations in Holmdel, NJ.
      22 S Holmdel Rd, Holmdel, NJ 07733
      View Details
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    952 Holmdel Rd
    Holmdel, NJ 07733-2104
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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