Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

110 Belmont Dr 120 Somerset, NJ 08873

OFF-MARKET
Other industrial properties
Property ID
US59-0642407
9,950 SF 7.85 ac lot
Last sale Apr 2005 · $12,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Industrial facility offering 152,000 square feet of space on 7.86 acres, located in Franklin Township, New Jersey. Configured for use as a warehouse and for industrial and distribution operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$187k
Tax billed · 2022
Assessed value · 2023$9.20M
Assessed land$2.36M
Assessed improvement$6.85M
Effective rate2.04%

Value estimate

· Oct 2026
$11.14M
$10.03M – $12.25M
AI approach$9.52M
Submarket $/SF estimate$7.80M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$765/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$156 – $1,680
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.2
Auto Parts Store12.2
Auto Repair Shop11.6

Location

110 Belmont Dr, Unit 120 Somerset, NJ 08873-1204
County assessor Recorded deeds · 3 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28 Worlds Fair, Somerset, NJ 08873-1391 $4,600,000 Aug 2024 11,915 SF
411 Elizabeth, Somerset, NJ 08873-1292 $2,000,000 Jun 2023 9,280 SF
31 Schoolhouse, Somerset, NJ 08873-1212 $5,050,000 Jun 2023 12,000 SF
130 Belmont, Somerset, NJ 08873-1204 $3,350,000 Apr 2023 9,950 SF
100 Randolph, Somerset, NJ 08873-1384 $27,000,000 Jul 2022 8,926 SF
50 Jiffy, Somerset, NJ 08873-3438 $18,327,500 Jun 2022 12,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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