Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12 Fairview Ave Edison, NJ 08817
    Back to Search
    Property profile & analytics

    12 Fairview Ave, Edison, NJ 08817

    View on Map
    • Commercial real estate
    • 0.86 lot acres
    For Sale
    $1,950,000
    View Listing →
    Secured Storage Facility on 0.85AC For Sale
    $1,950,000
    2,500 SF

    Secured Storage Facility on 0.85AC

    0.85 acre fenced lot with 2,500 SF building.

    12 Fairview Ave, Edison, NJ 8817
    View Listing
    Property ID
    US59-1923089
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 12 Fairview Ave

    Construction
    CONCRETE BLOCKS
    Lot size
    0.86 lot acres
    Zone code
    RB
    Property type
    Commercial real estate
    APN
    05 00881-0000-00001- 01
    APU
    50088100000000101

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 12, 2025 $1,075,000 12 Fairview Edison LLC 12 Fairview Ave LLC Deed $753k · East Willi Capital LLC
    May 17, 2023 $450,000 12 Fairview Ave LLC Barbara P Horn Deed $338k · Unity Bank
    Aug 16, 2019 — E Vernon Packard JR. Packard E Vernon JR. Correction Deed · related —
    Feb 24, 2010 — E Vernon Packard JR. Packard,e Vernon JR Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,200,000
      ML approach
      $1,115,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4202
    Latitude
    40.5147
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $14,002
    $179,000
    $57,400
    $236,400
    -
    $179,000
    $57,400
    $236,400

    Comparable in this City

    • Value Estimation by Request
      4,372 SF

      280 Us-1

      Individual retail properties
      280 Us-1, Edison, NJ 08817
      View Details
    • Value Estimation by Request
      18.73 Acres

      2220-30 Lincoln Hwy Rt 27th Hwy

      COMMERCIAL (GENERAL)
      2220-30 Lincoln Hwy Rt 27th Hwy, Edison, NJ 08817
      View Details
    • Value Estimation by Request
      3.99 Acres

      40 Brunswick Ave

      COMMERCIAL (GENERAL)
      40 Brunswick Ave, Edison, NJ 08817-2589
      View Details
    • Value Estimation by Request
      1.45 Acres

      81 Plainfield Ave

      COMMERCIAL (GENERAL)
      81 Plainfield Ave, Edison, NJ 08817-3717
      View Details
    • Value Estimation by Request
      2.25 Acres

      2090 State Rte 27

      COMMERCIAL (GENERAL)
      2090 State Rte 27, Edison, NJ 08817-3372
      View Details
    • Value Estimation by Request
      7.65 Acres

      116 Talmadge Rd, Unit 148

      COMMERCIAL (GENERAL)
      116 Talmadge Rd, Edison, NJ 08817-2812
      View Details

    Similar Nearby for Sale

    • $899,999
      0.20 Acres

      Edison Commercial Office Opportunity

      Prime Edison location, 2000 sqft office potential.
      State Rte 27 Hwy, Edison, NJ 08817
      View Details
    • $799,000
      0.20 Acres

      Edison Commercial Building - Prime Location

      Fully rented, renovated, investment opportunity.
      State Route 27, Edison, NJ 08817
      View Details
    • Contact for pricing
      1,750 SF

      Edison Retail/Mixed-Use Space Available

      Recently renovated retail/mixed-use space with parking in Edison, NJ.
      243 Plainfield Ave, Edison, NJ 08817
      View Details
    • Contact for pricing
      2,000 SF

      Turn-Key Edison Commercial Suite

      Renovated office/retail suite in Edison, ready for immediate occupancy.
      1663 Lincoln Hwy, Edison, NJ 08817
      View Details
    • Contact for pricing
      1,500 SF

      Edison Commercial Basement Suite

      Turn-key basement suite suitable for office or retail use.
      1981 Lincoln Hwy, Edison, NJ 08817
      View Details
    • Contact for pricing
      425 SF

      Edison Office Space Available

      Bright office space near train station and shopping center.
      1653 State Rte 27 Hwy, Edison, NJ 08817
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,872 SF

      Edison Office Space for Rent

      Office space with on-site management, food service, and abundant parking.
      100 Metroplex Dr, Edison, NJ 08817
      View Details
    • Contact for pricing

      Charming Office and Medical Spaces

      Office and medical spaces in Middlesex County, Edison, NJ.
      100 Dey Pl, Edison, NJ 08817
      View Details
    • Contact for pricing
      12,501 SF

      Edison Office Space Available

      Renovated office space with modern amenities and convenient location.
      2147 Rte 27 S, Edison, NJ 08817
      View Details
    • Contact for pricing
      42,539 SF

      Industrial Space Near Turnpike

      Available space in Class A industrial building, close to transportation.
      11 Executive Ave, Edison, NJ 08817
      View Details
    • Contact for pricing
      4,372 SF

      Edison Retail Space - US-1 Frontage

      High-visibility retail space, 4,372 sq ft.
      280 Us Highway 1, Edison, NJ 08817
      View Details
    • Contact for pricing

      Edison Industrial Property for Lease

      33,720 SF industrial building with cranes and ample power.
      75 Glendale Ave, Edison, NJ 08817
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Fairview Ave
    Edison, NJ 08817
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12 Fairview Ave, Edison, NJ, 08817
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!