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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Industrial properties
1112 Nn Ave 18 Plainfield, NJ 07062-1624
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-0998810
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1761
Construction
CONCRETE BLOCKS
Total area
1,935 SF
Lot
0.72 ac (31,250 SF)
Zoning code
TSC
APN
12 00402-0000-00005
UPID
US59-0998810
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
-
Netherwood Station Parking Lot & Garage
-
Pee Phunk City G Recording Studio
-
Lot 2 Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.25M
Owner & transaction history
Rentard Enterprises LLC · 2 yrs held
Rentard Enterprises LLC
since 2024
Last sale
$2.3M
3 recorded transactions
Zoning & alternative use
TSC · Plainfield, 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 Plainfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainfield 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
$2,250,000
ML approach
$2,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10% · vs last sale $2.25M (Mar 21 2024)
Last sale anchor
$2.25M
Mar 21 2024
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
$1,163 / SF
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
$29,141
Tax year 2022
Assessed value
$344,500
Assessed 2023
Previous assessed
$344,500
+0.0% YoY
Effective rate
8.46%
On assessed value
Assessed land
$108,000
Assessed improvement
$236,500
Land market value
$108,000
Improvement market value
$236,500
Total market value
$344,500
Applied tax rate
12.0000
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
Off-Market
Year built
1761
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
1,935 SF
Lot
0.72 ac (31,250 SF)
Zoning code
TSC
APN
12 00402-0000-00005
UPID
US59-0998810
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
TSC · Plainfield, NJ
Zoning TSC · permitted uses
TSC · Plainfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1761
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Rentard Enterprises LLC
Entity
Mailing address
125 RIV RD #102, EDGEWATER, NJ 07020-1002
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2024
$2,250,000
Rentard Enterprises LLC
1112 North Avenue LLC
Deed
$1,800,000 · Jpmorgan Chase Bank NA
Jan 4, 2022
$775,000
1112 North Avenue LLC
Anthony Makuakane Potter
Bargain And Sale Deed
$750,000 · Rogress Direct LLC
May 26, 2010
—
Anthony Makuakane-potter
Potter Rosanne G Living Trust
Quit Claim Deed
related
—
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.
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