Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,945,000
Commercial real estate
1270 State Rte 35 Middletown, NJ 07748-2038
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1584054
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Total area
15,120 SF
Lot
7.2 ac (313,632 SF)
Zoning code
B-3
APN
32 00805-0000-00027
UPID
US59-1584054
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
$8.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.95M
Owner & transaction history
Middletown Medical Center LLC · 3 yrs held
Middletown Medical Center LLC
since 2022
Last sale
$7.7M
7 recorded transactions
Zoning & alternative use
B-3 · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$8,075,000
ML approach
$8,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.95M
Range $7.15M – $8.74M · ±10% · vs last sale $7.70M (Sep 13 2022)
Last sale anchor
$7.70M
Sep 13 2022
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
$525 / 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
$68,720
Tax year 2022
Assessed value
$3,875,600
Assessed 2023
Previous assessed
$3,875,600
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$1,800,000
Assessed improvement
$2,075,600
Land market value
$1,800,000
Improvement market value
$2,075,600
Total market value
$3,875,600
Applied tax rate
32.0000
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
1972
Heating
NONE
Buildings
1
Units
1
Total area
15,120 SF
Lot
7.2 ac (313,632 SF)
Zoning code
B-3
APN
32 00805-0000-00027
UPID
US59-1584054
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Middletown, NJ
Zoning B-3 · permitted uses
B-3 · Middletown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Buildings
1
Units
1
Lot
7.2 ac
Current owner
From public records · entity-resolved
Middletown Medical Center LLC
Entity
Mailing address
1270 PO BOX 811, MIDDLETOWN, NJ 07748-0811
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2022
$7,700,000
Middletown Medical Center LLC
Jsj Partners LLC
Deed
$6,200,000 · Jsj Partners LLC
Aug 29, 2019
—
Jsj Partners LLC
—
Deed
related
$500,000 · Two River Cmnty Bk
Jul 22, 2019
—
Jsj Partuers LLC
Medical Health Ctr Realty At M
Grant Deed
related
—
Jun 15, 2017
—
Medical Health Center Realty & M
—
Deed
related
$500,000 · Two River Cmnty Bk
Mar 16, 2009
—
Jersey Ctrl Power & Light Co
Medical Health Center At Middl
Grant Deed
related
—
Mar 4, 2008
—
Medical Health Center Realty
—
Trustees Deed
related
$3,100,000 · Two River Cmnty Bk
Dec 19, 2006
—
Medical Health Ctr Realty Of Midd
—
Trustees Deed
related
$500,000 · Rumson Fair Haven Bank & Trust
—
—
Medical Health Ctr Realty Of Midd
—
Deed Of Trust
related
$1,800,000 · Rumson Fair Haven Bank & Trust
—
—
Jsj Partners LLC
—
Deed Of Trust
related
$500,000 · Two River Cmnty Bk
—
—
Medical Health Center Realty & M
—
Deed Of Trust
related
$500,000 · Two River Cmnty Bk
—
—
Medical Health Center Pa
—
Deed Of Trust
related
$343,224 · Rumson Fair Haven Bank & Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1270 State Rte 35?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
