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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Motels
128 Rte 68 Wrightstown, NJ 08562-2505
Individually Owned
2-yr Hold
Free & Clear
Property ID
US59-1579598
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1969
Construction
CONCRETE BLOCKS
Total area
5,376 SF
Lot
3.44 ac (149,846 SF)
Zoning code
AR3
APN
34 01902-0000-00004- 04
UPID
US59-1579598
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
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Delilah J Bruno · 2 yrs held
Delilah J Bruno
since 2023
Last sale
$990,000
3 recorded transactions
Zoning & alternative use
AR3 · Wrightstown, 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 Wrightstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wrightstown 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
$1,095,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$965,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$845,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$820,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$660,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $990k (Dec 19 2023)
Last sale anchor
$990k
Dec 19 2023
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
$192 / 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
$11,068
Tax year 2022
Assessed value
$386,700
Assessed 2023
Previous assessed
$372,300
+3.9% YoY
Effective rate
2.86%
On assessed value
Assessed land
$201,400
Assessed improvement
$185,300
Land market value
$201,400
Improvement market value
$185,300
Total market value
$386,700
Applied tax rate
34.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1969
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
5,376 SF
Lot
3.44 ac (149,846 SF)
Zoning code
AR3
APN
34 01902-0000-00004- 04
UPID
US59-1579598
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
AR3 · Wrightstown, NJ
Zoning AR3 · permitted uses
AR3 · Wrightstown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wrightstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$965,000
COMMERCIAL (GENERAL)
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$820,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$660,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
3.44 ac
Current owner
From public records · entity-resolved
Delilah J Bruno
Individual
Free & Clear · 2 yrs held
Mailing address
128 HALSTED ST, EAST ORANGE, NJ 07018-2612
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2023
$990,000
Delilah J Bruno
Kujo INC
Deed
—
Sep 1, 2022
—
Kujo INC
Kujo INC
Intrafamily Transfer
related
—
Jun 22, 2021
—
Kujo INC
Jakujo INC
Deed
—
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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