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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Office buildings
142 Livingston Ave New Brunswick, NJ 08901-3087
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1815991
Property summary
AI-generated overview
This exceptional newly renovated 3,464 square foot office space is located at 142 Livingston Avenue #7 in New Brunswick, NJ, 08901. The property, identified by APN 1300180000000017, is a single-tenant commercial space within a three-story building, zoned C-3A. Ideal for professionals such as attorneys or therapists, or business owners, this executive office suite offers a large, open shared waiting area complete with a desk for tenant use. Convenient access to a conference room and kitchen facilities is included. A significant advantage is the inclusion of all utilities in the rent, paid by the landlord. The property features a secure, gated parking area with eight spaces available. The 0.168 square foot lot provides ample space for the building. This exceptional location offers proximity to public transportation, the downtown area, the courthouse, and a hospital, making it an extremely desirable location. The space is available immediately.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
3,464 SF
Lot
0.17 ac (7,320 SF)
Zoning code
C-3A
APN
13 00180-0000-00017
UPID
US59-1815991
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
-
Law Offices of Eric B. Morrell Law Firm
-
keri petrone Medical Clinic
-
Well Life Rx, LLC Psychotherapist
-
Yeni Mendez Romero - State Farm Insurance Agent Insurance Agency
-
Rodriguez Law Firm Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$860k
Owner & transaction history
Mendez Romero Group LLC · 1 yrs held
Mendez Romero Group LLC
since 2025
Last sale
$835,000
7 recorded transactions
Zoning & alternative use
C-3A · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 New Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Brunswick 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
$905,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$870,000
7%
$810,000
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $835k (May 21 2025)
Last sale anchor
$835k
May 21 2025
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
$248 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$12,818
Tax year 2022
Assessed value
$515,000
Assessed 2023
Previous assessed
$515,000
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$256,200
Assessed improvement
$258,800
Land market value
$256,200
Improvement market value
$258,800
Total market value
$515,000
Applied tax rate
13.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
3,464 SF
Lot
0.17 ac (7,320 SF)
Zoning code
C-3A
APN
13 00180-0000-00017
UPID
US59-1815991
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C-3A · New Brunswick, NJ
Zoning C-3A · permitted uses
C-3A · New Brunswick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Brunswick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mendez Romero Group LLC
Entity
Mailing address
36 TREETOPS CIR, PRINCETON, NJ 08540-8581
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2025
$835,000
Mendez Romero Group LLC
The Livingston Group LLC
Deed
$801,000 · Magyar Bank
Sep 9, 2015
—
Livingston Group LLC
Gallehdari,yaghoub & Beata
Grant Deed
related
—
Nov 20, 2014
$455,000
Andres Minaya
Bcb Cmnty Bk
Grant Deed
$500,000 · Yaghoub & Beata Gallehdari
Oct 30, 2014
$251,000
Bcb Cmnty Bk
Sheriff Of Middlesex County|rjs 22 Realty LLC
Trustees Deed
related
—
Dec 18, 2012
—
Rjs22 Realty LLC
—
Trustees Deed
related
$100,000 · First Constitution Bank
Jun 16, 2005
—
Rjs22 Realty LLC
Simon,richard J
Grant Deed
related
—
—
—
Rjs 22 Realty LLC
—
Deed Of Trust
related
$450,000 · Bcb Community 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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