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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Industrial properties
1150 Sylvan St Linden, NJ 07036-6417
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1908257
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Construction
CONCRETE BLOCKS
Total area
7,565 SF
Lot
0.27 ac (11,639 SF)
APN
09 00580-0000-00018
UPID
US59-1908257
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
$1.90M
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.98M
Owner & transaction history
1150 Sylvan Street LLC · 1 yrs held
1150 Sylvan Street LLC
since 2025
Last sale
$2.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+8.9%
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 Linden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linden 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
$1,415,000
6.5%
$1,305,000
7%
$1,215,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,550,000
Current use
COMMERCIAL (GENERAL)
$1,685,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$1,540,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±10% · vs last sale $2.05M (Mar 1 2025)
Last sale anchor
$2.05M
Mar 1 2025
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
$261 / 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
$15,902
Tax year 2022
Assessed value
$230,000
Assessed 2023
Previous assessed
$230,000
+0.0% YoY
Effective rate
6.91%
On assessed value
Assessed land
$106,500
Assessed improvement
$123,500
Land market value
$106,500
Improvement market value
$123,500
Total market value
$230,000
Applied tax rate
9.0000
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
1966
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
7,565 SF
Lot
0.27 ac (11,639 SF)
APN
09 00580-0000-00018
UPID
US59-1908257
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
1150 Sylvan Street LLC
Entity
Mailing address
953 WYANDOTTE TRL, WESTFIELD, NJ 07090-3732
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
$2,050,000
1150 Sylvan Street LLC
Bayview Investors LLC
Deed
$2,000,000 · Bayview Investors LLC
Mar 27, 2024
$1,900,000
Bayview Investors LLC
Sylvan USA LLC
Deed
—
Jan 23, 2020
—
1150 Sylvan Realty LLC
—
Deed Of Trust
related
$700,000 · Westlawn Foundation
Aug 27, 2019
$690,000
1150 Sylvan Realty LLC
1150 Sylvan LLC
Grant Deed
related
$540,000 · 1150 Sylvan LLC
Jan 29, 1993
$209,431
Eleanor Weissbein
Unknown
Grant Deed
—
—
—
Lamar Hargrove
—
Deed Of Trust
related
$100,000 · Washington Mutual Fsb
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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