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Property profile & analytics
OFF-MARKET Estimated value $975,000
Commercial real estate

11 Lndg Ln New Brunswick, NJ 08901

5,818 SF 10.56 ac lot
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US59-1389309
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 5,818 SF
Lot 10.56 ac (459,994 SF)
Zoning code C-R
APN 13 00436-0000-00004- 01
UPID US59-1389309
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
  • Riverview Guest House Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$775k
Comparable Approach Comparable
$919k
Blend (final) Blend
$975k
Owner & transaction history
COUNTY OF MIDDLESEX A MUNICPAL CORPO
COUNTY OF MIDDLESEX A MUNICPAL CORPO
Zoning & alternative use
C-R · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-R Zone (Corporate Retreat). a. Intent. The intent and purpose of this district is to recognize the particular environmental features of land area fronts on the D & R Canal, while providing the opportunity for reasonable, environmentally-sensitive development in character with the existing development in the district. The district borders the environmentall…

Zone name Corporate Retreat
General category COMMERCIAL
Zone area 16.43 ac
Source municipal code
Top alternative use upside
Apartment house (5+ units) $1.5M +21.3%
Industrial (general) $1.3M +6.0%
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