Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    54 Nj-12 Flemington, NJ 08822

    Property Lookup

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

    54 Nj-12 Flemington, NJ 08822

    View on Map
    • Warehouses
    • 50,000 SF
    • 4.30 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 54 Nj-12

    Lot size
    4.30 lot acres
    Property size
    50,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.8632
    Latitude
    40.501

    Comparable in this City

    • Value Estimation by Request
      50,000 SF

      20 Minneakoning Rd

      Distribution properties • 50,000 SF
      20 Minneakoning Rd, Flemington, NJ 08822
      View Details
    • Value Estimation by Request
      8.57 Acres

      3 Foster Ln

      INDUSTRIAL (GENERAL) • 8.57 Acres
      3 Foster Ln, Flemington, NJ 08822-7255
      View Details
    • Value Estimation by Request
      8.01 Acres

      97 Riv Rd

      INDUSTRIAL (GENERAL) • 8.01 Acres
      97 Riv Rd, Flemington, NJ 08822-5732
      View Details
    • Value Estimation
      $500,000
      38.30 Acres

      500 Us Hwy 202

      INDUSTRIAL (GENERAL) • 38.30 Acres
      500 Us Hwy 202, Flemington, NJ 08822-6031
      View Details
    • Value Estimation by Request
      12.78 Acres

      324 Us-202

      Land • 12.78 Acres
      324 Us-202, Flemington, NJ 08822
      View Details
    • Value Estimation by Request

      198 Us-202

      Land
      198 Us-202, Flemington, NJ 08822
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Industrial Land with Mixed-Use Buildings

      16,160 SF mixed-use buildings on 7 acres.
      165 River Rd, Flemington, NJ 08822
      View Details
    • Contact for pricing
      2,106 SF

      Warehouse with Highway Location

      2106 SF warehouse with permitted storage and highway access.
      44 Ste B, Flemington, NJ 08822
      View Details
    • Contact for pricing

      Modern Industrial/Flex Business Park

      87,250 SF industrial/flex/hi-tech/office park on 8.5 acres.
      8 Bartles Corner Rd, Flemington, NJ 08822
      View Details
    • $2,950,000
      9,999 SF

      Kingwood Township Land For Sale

      45+ acre property with road frontage and business park zoning.
      550 Barbertown Point Breeze Rd, Flemington, NJ 08822
      View Details
    • Contact for pricing
      0.73 Acres

      Spacious Garage with Crane/Hoist

      Large bay garage with crane, bath, and ample parking.
      18 Allen St, Flemington, NJ 08822
      View Details
    • Contact for pricing
      2,340 SF

      Second Floor Storage/Warehouse Space

      Large 2,340 SF second-floor storage/warehouse space available for sale.
      925 Ste 3C, Flemington, NJ 08822
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      69,400 SF

      New Industrial Flex Space Available

      New construction industrial flex space with highway access.
      11 Royal Rd, Flemington, NJ 08822
      View Details
    • $1.00 SF/Yr
      69,400 SF

      New Industrial Flex Space Available

      New construction industrial flex space with easy highway access.
      11 Royal Rd, Flemington, NJ 08822
      View Details
    • Contact for pricing
      32,500 SF

      Industrial Space in Flemington Junction

      Industrial space with easy access to major routes.
      115 River Rd, Flemington, NJ 08822
      View Details
    • Contact for pricing

      Flemington Warehouse & Office Space

      Warehouse and office spaces available for lease in Flemington, NJ.
      115 River Rd, Flemington, NJ 08822
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    54 Nj-12
    Flemington, NJ 08822
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!