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Property profile & analytics
FOR LEASE
Commercial real estate
111 Town Square Pl Jersey City, NJ 07310
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-0673158
For Lease
Contact for pricing
111 Town Square Pl, Jersey City, NJ 07310
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
CONCRETE BLOCKS
Lot
1.27 ac (55,234 SF)
Zoning code
I-2
APN
06 07302-0000-00051
UPID
US59-0673158
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
-
Starbucks Cafe & Coffee Shop
-
HUMANS.net Corporate Office
-
Brown, LLC Law Firm
-
Edison Electricians of Jersey City Electrical Service General Contractor
-
My Digital Marketing Consultant Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
20 Riv Court W Urban Renewal C · 5 yrs held
20 Riv Court W Urban Renewal C
since 2021
5 recorded transactions
Zoning & alternative use
I-2 · Jersey City, 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 Jersey City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jersey City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,839,410
Tax year 2023
Assessed value
$105,000,000
Assessed 2024
Previous assessed
$105,000,000
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$41,233,500
Assessed improvement
$63,766,500
Land market value
$41,233,500
Improvement market value
$63,766,500
Total market value
$105,000,000
Applied tax rate
6.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Construction
CONCRETE BLOCKS
Heating
YES
Lot
1.27 ac (55,234 SF)
Zoning code
I-2
APN
06 07302-0000-00051
UPID
US59-0673158
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
I-2 · Jersey City, NJZoning I-2 · permitted uses
I-2 · Jersey City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
YES
Lot
1.27 ac
Current owner
From public records · entity-resolved
20 Riv Court W Urban Renewal C
Individual
Mailing address
111 TOWN SQ PL STE #300, JERSEY CITY, NJ 07310-1728
Mailing matches property
Yes
Owner-occupied
Yes
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
Apr 6, 2021
—
20 Riv Court W Urban Renewal C
—
Deed
related
$71,500,000 · Miscellaneous Ins Co
May 19, 2016
—
Newport Office Center I LP
—
Deed
related
$62,000,000 · Manufacturers & Traders Tr
Oct 5, 2011
—
Newport Office Center I LP
—
Deed Of Trust
related
$68,500,000 · Hsbc Bank USA
—
—
Newport Office Center I LP
—
Deed Of Trust
related
$62,000,000 · Manufacturers & Traders Tr
—
—
20 Riv Court W Urban Renewal C
—
Deed Of Trust
related
$71,500,000 · Miscellaneous Ins Co
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?”
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