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Property profile & analytics
OFF-MARKET Estimated value $1,735,000
Commercial real estate

120 Sandford St New Brunswick, NJ 08901-2768

11,206 SF 3 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US59-0975988
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 11,206 SF
Lot 3 ac (130,680 SF)
Zoning code R-6
APN 13 00237-0000-00001
UPID US59-0975988
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
  • Dani Auto Service Auto Repair Shop Vehicle Inspection Center
  • Azteca Auto Repairs Auto Repair Shop
  • JVH's Auto Repair Auto Repair Shop
  • New Brunswick Auto Repairs Auto Repair Shop
  • R & R Auto Serivces Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.49M
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$1.74M
Owner & transaction history
Brunswick Investment
Brunswick Investment
1 recorded transaction
1969
Price N/A
Zoning & alternative use
R-6 · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-6 Multi-Family Residential District. a. Intent. The intent ad purpose of this district is to provide for the expansion and preservation of the integrity of high density single-family, two-family and medium density multi-family residential areas within the community by encouraging the conversion of non-permitted uses to permitted uses within this zone to el…

Zone name Multifamily Residential
General category RESIDENTIAL
Zone area 237.78 ac
Source municipal code
Top alternative use upside
Apartment house (5+ units) $2.9M +21.3%
Industrial (general) $2.5M +6.0%
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