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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Residential income homes
1 Battle Rd Princeton, NJ 08540-4901
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-3156954
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1923
Construction
TYPE NOT SPECIFIED
Total area
5,375 SF
Lot
122 ac (5,314,320 SF)
Zoning code
R1
APN
14 00038- 01-00007
UPID
US59-3156954
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
$2.02M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.76M
Owner & transaction history
John Rego · 4 yrs held
John Rego
since 2021
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
R1 · Princeton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+223.5%
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 Princeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Princeton 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
$2,020,000
ML approach
$2,015,000
CAP Approach
CAP Return
Estimation
6%
$1,585,000
6.5%
$1,460,000
7%
$1,355,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,970,000
Change: +224% · Conversion: Moderate
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10% · vs last sale $1.80M (Sep 30 2021)
Last sale anchor
$1.80M
Sep 30 2021
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
$327 / 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
$38,185
Tax year 2022
Assessed value
$1,570,100
Assessed 2023
Previous assessed
$1,570,100
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$547,000
Assessed improvement
$1,023,100
Land market value
$547,000
Improvement market value
$1,023,100
Total market value
$1,570,100
Applied tax rate
14.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1923
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Units
1
Total area
5,375 SF
Lot
122 ac (5,314,320 SF)
Zoning code
R1
APN
14 00038- 01-00007
UPID
US59-3156954
Jurisdiction
MERCER
Zoning & alternative use
R1 · Princeton, NJ
Zoning R1 · permitted uses
R1 · Princeton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Princeton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.0M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1923
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Units
1
Lot
122 ac
Current owner
From public records · entity-resolved
John Rego
Individual
Mailing address
7 LOST TRL, LAWRENCEVILLE, NJ 08648-1083
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$1,800,000
John Rego
M D S Brooks Bend Fmaily LP
Deed
—
Aug 27, 2015
—
Mds Brooks Bend Family LP
Mds Brooks Bend Family LP
Quit Claim Deed
related
—
Aug 14, 1996
$923,000
Lucia H Degrazia
Martindell,anne
Grant Deed
—
—
—
M D S Brooks Bend Family
—
Deed Of Trust
related
$149,406 · Sun National Bank
—
—
Mds Brooks Bend Family
—
Deed Of Trust
related
$260,000 · Bank Of Princeton
—
—
Mds Brooks Bend Family LLC
—
Deed Of Trust
related
$800,000 · Bank Of Princeton
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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