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Property profile & analytics
OFF-MARKET Estimated value $850,000
Residential income homes

1 Adams Pl New Brunswick, NJ 08901-3538

3,600 SF 0.18 ac lot Built 1950
Entity Owned 2-yr Hold
Property ID
US59-0726149
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1950
Construction BRICK
Total area 3,600 SF
Lot 0.18 ac (7,700 SF)
Zoning code R-5A
APN 13 00559-0000-00009- 01
UPID US59-0726149
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
$925k
Comparable Approach Comparable
$919k
Blend (final) Blend
$850k
Owner & transaction history
461 Union LLC · 2 yrs held
461 Union LLC
since 2023
Last sale
$750,000
4 recorded transactions
2023
$750,000
2017
$540,000
2010
$520,000
1969
Price N/A
Zoning & alternative use
R-5A · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-5A Single-Family and Two-Family Residential District. a. Intent. The intent and purpose of this district is to provide for the expansion and preservation of the integrity of medium density single-family and two-family residential areas within the community by prohibiting the further development of garden apartments and apartment buildings and the conversio…

Zone name Single And Two Family Residential
General category RESIDENTIAL
Zone area 558.90 ac
Source municipal code
Top alternative use upside
Office building $1.0M +11.7%
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