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Property profile & analytics
OFF-MARKET
Estimated value
$4,190,000
Industrial properties
12 Perrine Rd Monmouth Junction, NJ 08852-2717
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US59-3045157
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1975
Construction
TYPE NOT SPECIFIED
Total area
48,854 SF
Lot
11.51 ac (501,158 SF)
Zoning code
OR
APN
21 00079-0000-00013- 01
UPID
US59-3045157
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.19M
Owner & transaction history
575 Manila Avenue Assocs LLC · 13 yrs held
575 Manila Avenue Assocs LLC
since 2013
7 recorded transactions
Zoning & alternative use
OR · Monmouth Junction, 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 Monmouth Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monmouth Junction 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
$86 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$73,847
Tax year 2023
Assessed value
$1,401,000
Assessed 2024
Previous assessed
$1,401,000
+0.0% YoY
Effective rate
5.27%
On assessed value
Assessed land
$920,400
Assessed improvement
$480,600
Land market value
$920,400
Improvement market value
$480,600
Total market value
$1,401,000
Applied tax rate
21.0000
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
1975
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Total area
48,854 SF
Lot
11.51 ac (501,158 SF)
Zoning code
OR
APN
21 00079-0000-00013- 01
UPID
US59-3045157
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
OR · Monmouth Junction, NJ
Zoning OR · permitted uses
OR · Monmouth Junction, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monmouth Junction. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Lot
11.51 ac
Current owner
From public records · entity-resolved
575 Manila Avenue Assocs LLC
Entity
Mailing address
12 PERRINE RD, MONMOUTH JCT, NJ 08852-2717
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
—
575 Manila Associates LLC
—
Deed
related
$300,000 · Manasquan Bank
May 8, 2024
—
575 Manila Associates LLC
—
Deed
related
$500,000 · Manasquan Bank
Sep 7, 2023
—
575 Manila Associates LLC
—
Deed
related
$500,000 · Manasquan Bank
Jun 11, 2013
—
575 Manila Avenue Assocs LLC
Avn Holdings LLC
Grant Deed
related
—
Oct 27, 2005
$3,007,500
Avn Holdings LLC
11-12 Perrine Road Associates
Grant Deed
related
$2,000,000 · Commerce Bk
—
—
575 Manila Associates LLC
—
Deed Of Trust
related
$2,000,000 · Manasquan Savings Bank
—
—
575 Manila Associates LLC
—
Deed Of Trust
related
$600,000 · Manasquan Bk
—
—
Avn Holdings LLC
—
Deed Of Trust
related
$3,000,000 · Manasquan Svgs Bk
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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