Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13 Harts Ln East Brunswick, NJ 08816-2034
    Back to Search
    Property profile & analytics

    13 Harts Ln, East Brunswick, NJ 08816-2034

    View on Map
    • Warehouses
    • 150,000 SF
    • 16.21 lot acres
    Off-Market
    Last Sale Apr 11, 2024
    Property ID
    US59-3141447
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,175,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Raritan Pharma / Factory / Production Facility

    Property Details for 13 Harts Ln

    Lot size
    16.21 lot acres
    Zone code
    IM
    Property type
    Warehouses
    APN
    04 00031-0000-00004
    APU
    400031000000004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 11, 2024 — Solar Landscape Development LLC Frank Greek Company Eb 27 LLC Lease —
    Dec 1, 2016 — Frank Greek Co — Deed · related $45k · Provident Bk
    Jan 15, 2015 — Frank Greek Co Eb-27 LLC — Trustees Deed · related $8.4M · Provident Bk
    Nov 3, 2014 $1,300,000 Frank Greek Co Eb-27 LLC Eab Properties LLC Grant Deed —
    Jul 23, 2013 — Eab Properties LLC Buck Esther A Trust Grant Deed · related —
    Mar 28, 2007 $500,000 Buck,esther A Trust Dorsi,henry Grant Deed —
    Mar 28, 2007 — Bgh-buck LLC Bgh Associates Grant Deed · related —
    — — Bgh-buck LLC — Deed Of Trust · related $2.2M · Junton Inv Holdings LLC
    — — Frank Greek Co — Deed Of Trust · related $45k · Provident Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    East Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4062
    Latitude
    40.4479
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $232,886
    $283,700
    $1,717,900
    $2,001,600
    -
    $283,700
    $1,717,900
    $2,001,600

    Comparable in this City

    • Value Estimation by Request
      6.20 Acres

      19 Kimberly Rd

      WAREHOUSE, STORAGE
      19 Kimberly Rd, East Brunswick, NJ 08816-2010
      View Details
    • Value Estimation
      $4,205,000
      367,310 SF

      40 Cotters Ln

      WAREHOUSE, STORAGE
      40 Cotters Ln, East Brunswick, NJ 08816-2043
      View Details
    • Value Estimation by Request
      5.28 Acres

      17 Edgeboro Rd

      WAREHOUSE, STORAGE
      17 Edgeboro Rd, East Brunswick, NJ 08816-1600
      View Details
    • Value Estimation
      $42,720,000
      220,800 SF

      22 Kimberly Rd

      WAREHOUSE, STORAGE
      22 Kimberly Rd, East Brunswick, NJ 08816-2009
      View Details
    • Value Estimation
      $7,370,000
      47,588 SF

      24 Connerty Ct

      WAREHOUSE, STORAGE
      24 Connerty Ct, East Brunswick, NJ 08816-1633
      View Details
    • Value Estimation
      $825,000
      26,500 SF

      40 Edgeboro Rd

      WAREHOUSE, STORAGE
      40 Edgeboro Rd, East Brunswick, NJ 08816
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,091 SF

      Turnkey Medical Office Space

      Fully fitted medical office space for sale.
      561 Cranbury Rd, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      1,850 SF

      East Brunswick Professional Office Suite

      1,850 SF office suite in desirable East Brunswick complex.
      2 Brier Hill Ct, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      26,000 SF

      East Brunswick Professional Office Building

      Well-located office building with high visibility and convenient access.
      646 Rte 18 Hwy, East Brunswick, NJ 08816
      View Details
    • $350,000
      1,657 SF

      Turnkey Medical/Professional Office Condo

      1,657 SF East Brunswick office condo for sale.
      1 Brier Hill Ct, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      10,000 SF

      East Brunswick Adult Day Care

      10,000 SF adult day care center for lease.
      635 Cranbury Rd, East Brunswick, NJ 08816
      View Details
    • Contact for pricing

      Freestanding Office Building on Route 18

      Two-story office building with high visibility and easy access.
      702 N State Rte 18 Hwy, East Brunswick, NJ 08816
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      593,694 SF

      East Brunswick Warehouse Distribution Space

      593,695 SF warehouse with ample parking and modern amenities.
      411 Dunhams Corner Rd, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      58,000 SF

      Air Conditioned Warehouse Near Turnpike

      Warehouse space available for short-term lease near NJ Turnpike.
      300 Ryders Ln, Milltown, NJ 08816
      View Details
    • Contact for pricing
      146,570 SF

      New Industrial Construction For Lease

      146,570 SF industrial space with ample parking.
      15 Harts Ln, East Brunswick, NJ 08816
      View Details
    • Contact for pricing

      East Brunswick Warehouse Space

      Warehouse space available for lease in East Brunswick, NJ.
      17 Edgeboro Rd, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      24,640 SF

      East Brunswick Warehouse Space Available

      24,640 SF warehouse with office, tailgates, and drive-in.
      24 Connerty Ct, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      57,000 SF

      East Brunswick Industrial Facility

      57,000 SF industrial facility on 4 acres for lease.
      5-10 Lexington Ave, East Brunswick, NJ 08816
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13 Harts Ln
    East Brunswick, NJ 08816-2034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13 Harts Ln, East Brunswick, NJ, 08816
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!