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    Property profile & analytics

    10 Independence Blvd Warren, NJ 07059

    • Office buildings
    • 13.07 lot acres
    For Lease
    View listing
    Value Estimation
    $20,465,000
    Last Sale
    Mar 28, 2023
    $22,000,000
    Location Intelligence
    Property ID
    US59-1842612
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • High Point Solutions / Software Company
    • Fountainhead Advisors / Financial Consultant / Insurance Broker
    • FormTech Printing / Commercial Printer / Custom Label Printer
    • IMA Clinical Research - Warren / Research Institute
    • Cipla USA / Corporate Office

    Property Details for 10 Independence Blvd

    Lot size
    13.07 lot acres
    Zone code
    OR
    Property type
    Office buildings
    APN
    20 00002-0000-00002- 01
    APU
    200000200000000201

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $19,765,000

    • CAP approach

      CAP return
      Estimation
      6%
      $20,195,000
      6.5%
      $23,375,000
      7%
      $20,210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $22,115,000
      Geo Method
      $21,380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $18,025,000
      Retail
      $18,410,000
      Mixed-Use
      $22,165,000
      Hospitality
      $17,830,000
      Educational
      $20,750,000
      Residential Income
      $20,915,000
      Energy
      $21,945,000
      Income-Based Land
      $19,370,000
      Food Service
      $17,225,000

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5725
    Latitude
    40.6509
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $257,118
    $3,133,700
    $9,160,300
    $12,294,000
    -
    $3,133,700
    $9,160,300
    $12,294,000

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      25 Independence Blvd

      OFFICE BUILDING • 5.00 Acres
      25 Independence Blvd, Warren, NJ 07059-2720
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    • Value Estimation by Request
      5.92 Acres

      15 Independence Blvd

      OFFICE BUILDING • 5.92 Acres
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    • Value Estimation by Request
      115.79 Acres

      15 Mountainview Rd

      OFFICE BUILDING • 115.79 Acres
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      10.45 Acres

      20 Independence Blvd

      OFFICE BUILDING • 10.45 Acres
      20 Independence Blvd, Warren, NJ 07059-2731
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    • Value Estimation by Request
      95,000 SF

      30 Technology Dr

      Life science properties • 95,000 SF
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    • Value Estimation by Request

      151 Mount Bethel Rd

      Office space
      151 Mount Bethel Rd, Warren, NJ 07059
      View Details

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    Similar Nearby for Lease

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      35,217 SF

      Four-Story Office Building For Rent

      120,528-SF office building on 10.3 acres available for rent.
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      14,541 SF

      Class A Office Space Available

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      31,125 SF

      Warren Office Space Available

      31,125 square foot office space for rent.
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    • $19 SF/Yr
      1,545 SF

      Warren NJ Executive Office Space

      Prime Warren Office, 1545 sq ft
      513 Warrenville Rd, Warren, NJ 07059
      View Details
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    10 Independence Blvd
    Warren, NJ 07059
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    Realmo Value Estimation

    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.

    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.

    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
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