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Property profile & analytics
OFF-MARKET
Estimated value
$4,745,000
Office buildings
1 Pluckemin Way Bedminster, NJ 07921-1541
Entity Owned
5-yr Hold
Free & Clear
Property ID
US59-1918964
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1919
Lot
2.47 ac (107,759 SF)
Zoning code
VN
APN
01 00057-0000-00007
UPID
US59-1918964
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
-
Scotwork North America Business Management Consultant
-
Plucky Wines Specialty Food Shop Wine and Liquor Store
-
Sordoni Construction Co. General Contractor
-
Kessler Rehabilitation Clinic Rehabilitation Center
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.75M
Owner & transaction history
Sunflower Realty Investors LLC · 5 yrs held
Sunflower Realty Investors LLC
since 2021
Last sale
$4.8M
3 recorded transactions
Zoning & alternative use
VN · Bedminster, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Maximum Building Height. § 13-404.4 Area and Yard Requirements for the "MF" District. § 13-404.5 Minimum Off-Street Parking. § 13-404.6 Permitted Signs. § 13-404.7 Low and Moderate Income Housing Requirements. § 13-405 "VN" VILLAGE NEIGHBORHOOD. § 13-405.1 Principal Permitted Uses on the Land and in Buildings. § 13-405.2 Accessory Uses Permitted. § 13-405.3…
Zone name
Village Neighborhood
General category
RESIDENTIAL
Zone area
78.58 ac
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 Bedminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedminster 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
$4,580,000
ML approach
$4,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.75M
Range $4.27M – $5.22M · ±10% · vs last sale $4.75M (Apr 28 2021)
Last sale anchor
$4.75M
Apr 28 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
—
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
$65,218
Tax year 2022
Assessed value
$4,785,000
Assessed 2023
Previous assessed
$4,750,000
+0.7% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,234,000
Assessed improvement
$3,551,000
Land market value
$1,234,000
Improvement market value
$3,551,000
Total market value
$4,785,000
Applied tax rate
1.0000
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
1919
Heating
NONE
Stories
2
Units
1
Rooms
8
Bathrooms
2
Lot
2.47 ac (107,759 SF)
Zoning code
VN
APN
01 00057-0000-00007
UPID
US59-1918964
Jurisdiction
SOMERSET
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
VN · Bedminster, NJZoning VN · permitted uses
VN · Bedminster, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Maximum Building Height. § 13-404.4 Area and Yard Requirements for the "MF" District. § 13-404.5 Minimum Off-Street Parking. § 13-404.6 Permitted Signs. § 13-404.7 Low and Moderate Income Housing Requirements. § 13-405 "VN" VILLAGE NEIGHBORHOOD. § 13-405.1 Principal Permitted Uses on the Land and in Buildings. § 13-405.2 Accessory Uses Permitted. § 13-405.3 Maximum Building Height. § 13-405.3A Maximum Building Size. § 13-405.4 Area and Ya
Zone name
Village Neighborhood
General category
RESIDENTIAL
Zone area
78.58 ac
Building & site characteristics
From public records
Year built
1919
Heating
NONE
Stories
2
Units
1
Rooms
8
Bathrooms
2
Lot
2.47 ac
Current owner
From public records · entity-resolved
Sunflower Realty Investors LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2 SUNFLOWER DR, UPPER SADDLE RIVER, NJ 07458-2041
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
—
Sunflower Realty Investors LLC
—
Deed
related
$3,562,500 · Unity Bank
Apr 28, 2021
$4,750,000
Sunflower Realty Investors LLC
Prism Realty Investors LLC
Bargain And Sale Deed
—
Nov 9, 2011
—
Prism Realty Investors LLC
Prism Realty Investors
Quit Claim Deed
$4,700,000 · Team Capital 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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