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Property profile & analytics
FOR LEASE
Office buildings
1249 S River Rd Cranbury, NJ 08512
Entity Owned
~
Est. High Equity
Property ID
US59-3080642
For Lease
1 / 7
$22 SF/Yr
1249 S River Rd, Cranbury, NJ 08512
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
STONE
Lot
10 ac (435,600 SF)
Zoning code
ROLI
APN
02 00001-0000-00004
UPID
US59-3080642
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
-
FedEx Drop Box Postal Service Courier Service
-
Alpha Staff Employment Agency
-
New Century Tax & Accounting Services LLC Tax Preparation
-
OptimizeRx Corporation (NJ Office) Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Make A Smile Foundation Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
Mintex Realty LLC
Mintex Realty LLC
since 2026
7 recorded transactions
Zoning & alternative use
ROLI · Cranbury, 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 Cranbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cranbury 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
—
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
$182,407
Tax year 2022
Assessed value
$10,236,100
Assessed 2023
Previous assessed
$10,236,100
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,500,000
Assessed improvement
$8,736,100
Land market value
$1,500,000
Improvement market value
$8,736,100
Total market value
$10,236,100
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2007
Construction
STONE
Heating
NONE
Stories
3
Units
1
Lot
10 ac (435,600 SF)
Zoning code
ROLI
APN
02 00001-0000-00004
UPID
US59-3080642
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
ROLI · Cranbury, NJ
Zoning ROLI · permitted uses
ROLI · Cranbury, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cranbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
STONE
Heating
NONE
Stories
3
Units
1
Lot
10 ac
Current owner
From public records · entity-resolved
Mintex Realty LLC
Entity
Mailing address
PO BOX 7450, EAST BRUNSWICK, NJ 08816-7450
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2026
$3,349,500
Mintex Realty LLC
Exit 8a Office Building Joint Venture
Deed
$9,500,000 · Provident Bank
Apr 21, 2026
$507,500
Mintex Realty LLC
Exit 8a Office Building Joint Venture
Deed
—
Apr 21, 2026
$609,000
Mintex Realty LLC
Exit 8a Office Building Joint Venture
Deed
—
May 22, 2019
—
Gordon Exit 8a Associates LLC
—
Deed
related
$9,500,000 · Provident Bk
Mar 16, 2011
—
Sd Exit 8a LLC
Stanley Diamond Ents INC
Grant Deed
—
Sep 12, 2007
$1,026,698
Summit Exit 8a LLC
Summit Associates INC
Grant Deed
—
Apr 12, 2007
—
Diamond Exit 8a LLC
Stanley Diamond LLC
Quit Claim Deed
related
—
Jan 9, 2007
—
Gordon Exit 8a Assocs LLC
—
Grant Deed
related
$13,856,962 · Bank Of America California NA
Jun 30, 2006
$600,000
Stanley Diamond LLC
Gordon Exit 8a Associates LLC
Grant Deed
—
Jun 26, 2006
$600,000
Summit Associates INC
Gordon Exit 8a Associates LLC
Grant Deed
—
Nov 1, 2005
$396,000
Stanley Diamond Ents INC
Gordon Exit 8a Associates LLC
Grant Deed
—
—
—
Gordon Exit 8a Associates LLC
—
Deed Of Trust
related
$9,500,000 · Provident Bk
—
—
Gordon Exit 8a Associates LLC
—
Deed Of Trust
related
$11,737,500 · Oceanfirst Bank
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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