Individually Owned 
For Sale
1 / 24
$95,000
2 B Connecticut Dr, Whiting, NJ 08759
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Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Construction
TYPE NOT SPECIFIED
Total area
278 SF
Lot
55.93 ac (2,436,311 SF)
Zoning code
WTRC
APN
19 00111-0000-00008
UPID
US59-2343217
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$80k
Owner & transaction history
Zoning & alternative use
WTRC · Manchester Township, NJ
Zoning description
e that Pinelands development credits be used for all dwelling units or lots in excess of that otherwise permitted without the variance. [10] [10] Editor's Note: The schedules are included at the end of this chapter . P.…
General category
UNKNOWN
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$80k
Value range
$72k – $88k
±10% around blend
Estimated value / SF
$288 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$72k
blend $80k
$88k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
278 SF
Lot area
55.93 ac
Stories
1
APN
19 00111-0000-00008
Zoning
WTRC
Assessed value
$17,995,000
Annual tax
$385,224
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$80k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 31 sales
$284
+1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $288/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
Not available
Market rent
Not available
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: replacement-cost inputs are not on file.
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.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$18.00M
Move the market yield to see immediate price impact.
Value / SF
$64,730
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
5.00%7.00%9.00%
$1.13M
$22.67M
$16.20M
$12.60M
$1.26M
$25.19M
$18.00M
$14.00M
$1.39M
$27.71M
$19.79M
$15.40M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$385,224
Tax year 2022
Assessed value
$17,995,000
Assessed 2023
Previous assessed
$17,995,000
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$5,346,100
Assessed improvement
$12,648,900
Land market value
$5,346,100
Improvement market value
$12,648,900
Total market value
$17,995,000
Applied tax rate
19.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
For Sale
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Total area
278 SF
Lot
55.93 ac (2,436,311 SF)
Zoning code
WTRC
APN
19 00111-0000-00008
UPID
US59-2343217
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
WTRC · Manchester Township, NJZoning WTRC · permitted uses
WTRC · Manchester Township, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
e that Pinelands development credits be used for all dwelling units or lots in excess of that otherwise permitted without the variance. [10] [10] Editor's Note: The schedules are included at the end of this chapter . P.…
General category
UNKNOWN
Building & site characteristics
From public records
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Lot
55.93 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
WTRC
UNKNOWN
Jurisdiction
Manchester Township, NJ
Recorded code
WTRC
Official district
WTRC
Official district profile
What the municipal code says about WTRC
Zoning description
e that Pinelands development credits be used for all dwelling units or lots in excess of that otherwise permitted without the variance. [10] [10] Editor's Note: The schedules are included at the end of this chapter . P.…
General category
UNKNOWN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for WTRC in Manchester Township, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified 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 · 5 · 30 · 100 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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