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Property profile & analytics
OFF-MARKET
Estimated value
$6,775,000
Commercial real estate
12 Crown Plz Hazlet, NJ 07730-2441
Entity Owned
22-yr Hold
Free & Clear
Property ID
US59-2206463
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
METAL FRAME
Total area
40,000 SF
Lot
3.88 ac (169,013 SF)
Zoning code
IA
APN
18 00194- 01-00076- 04
UPID
US59-2206463
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
-
Paulson Investment Company, LLC Corporate Office Financial Advisor
-
Sun Win International LLC Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Aflac Insurance Agency
-
LoanFront, LLC Loan Service Bank
-
Admartec Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.31M
Comparable Approach
Comparable
$7.03M
Blend (final)
Blend
$6.78M
Owner & transaction history
TALENT INVESTMENT LLC
TALENT INVESTMENT LLC
Zoning & alternative use
IA · Hazlet, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.6M
+10.3%
Office building
$9.9M
+2.9%
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 Hazlet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hazlet 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,000,000
6.5%
$8,310,000
7%
$7,715,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,580,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,570,000
Change: +10% · Conversion: Moderate
OFFICE BUILDING
$9,860,000
Change: +3% · Conversion: Easy
INDUSTRIAL (GENERAL)
$8,245,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$6.78M
Range $6.10M – $7.45M · ±10%
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
$169 / 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
$114,262
Tax year 2022
Assessed value
$4,744,800
Assessed 2023
Previous assessed
$4,744,800
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$1,162,800
Assessed improvement
$3,582,000
Land market value
$1,162,800
Improvement market value
$3,582,000
Total market value
$4,744,800
Applied tax rate
18.0000
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
Off-Market
Year built
2006
Construction
METAL FRAME
Heating
NONE
Buildings
1
Stories
2
Total area
40,000 SF
Lot
3.88 ac (169,013 SF)
Zoning code
IA
APN
18 00194- 01-00076- 04
UPID
US59-2206463
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
IA · Hazlet, NJ
Zoning IA · permitted uses
IA · Hazlet, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hazlet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.6M
OFFICE BUILDING
Est. value
$9.9M
INDUSTRIAL (GENERAL)
Est. value
$8.2M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
2006
Construction
METAL FRAME
Heating
NONE
Stories
2
Buildings
1
Lot
3.88 ac
Current owner
From public records · entity-resolved
TALENT INVESTMENT LLC
Entity
Free & Clear · 0 yrs held
Mailing address
12 CROWN PLZ, HAZLET, NJ 07730-2441
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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
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