Back to Search
Property profile & analytics
FOR LEASE
Industrial properties
104 E Park St Bordentown, NJ 08505
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-2033458
For Lease
1 / 2
$13,220,000
104 E Park St, Bordentown, NJ 08505
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
FRAME
Lot
14.3 ac (622,908 SF)
Zoning code
C/I
APN
03 01601-0000-00021
UPID
US59-2033458
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
$11.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.22M
Owner & transaction history
Bordentown Estates LLC · 5 yrs held
Bordentown Estates LLC
since 2021
Last sale
$13.9M
5 recorded transactions
Zoning & alternative use
C/I · Bordentown, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bordentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bordentown 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
by Request
ML approach
$11,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.22M
Range $11.90M – $14.54M · ±10% · vs last sale $13.91M (Jun 15 2021)
Last sale anchor
$13.91M
Jun 15 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
$190,904
Tax year 2022
Assessed value
$5,600,000
Assessed 2023
Previous assessed
$5,600,000
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$1,000,000
Assessed improvement
$4,600,000
Land market value
$1,000,000
Improvement market value
$4,600,000
Total market value
$5,600,000
Applied tax rate
3.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Construction
FRAME
Heating
NONE
Stories
2
Lot
14.3 ac (622,908 SF)
Zoning code
C/I
APN
03 01601-0000-00021
UPID
US59-2033458
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
C/I · Bordentown, NJ
Zoning C/I · permitted uses
C/I · Bordentown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bordentown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
2
Lot
14.3 ac
Current owner
From public records · entity-resolved
Bordentown Estates LLC
Entity
Mailing address
1449 37TH ST STE #414, BROOKLYN, NY 11218-4383
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2021
—
Bordentown Estates LLC
Cranberry Park LLC
Assignment Of Deed
$10,000,000 · First Commerce Bank
Jun 15, 2021
$13,909,999
Bordentown Estates LLC
Cranberry Park LLC
Bargain And Sale Deed
—
Aug 8, 2020
—
Cranberry Park LLC
—
Deed
related
$4,000,000 · M&t Bk
Jun 14, 2017
$2,750,000
Cranberry Park LLC
Ocean Spray Cranberries INC
Grant Deed
related
$4,000,000 · M&t Bk
—
—
Cranberry Park LLC
—
Loan Modification
related
$4,000,000 · M&t Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
