Individually Owned 
For Sale
1 / 80
$924,900
137 Stockton St, Hightstown, NJ 08520
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Total area
3,496 SF
Lot
0.28 ac (12,224 SF)
Zoning code
DTG
APN
04 00032-0000-00001
UPID
US59-1209639
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
since 2015
4 recorded transactions
Zoning & alternative use
DTG · Hightstown, NJ
Zoning description
DTG Downtown Gateway. § 28-3-16 RO Research Office District. § 28-3-1 Districts established. [1991 Code § 233-4; Ord. No. 93-852 ; Ord. No. 2025-05 , 5-19-2025 ; Ord. No. 2025-19 , 12-15-2025 ] A. The Borough is hereby d…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 63 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$280k
Value range
$252k – $308k
±10% around blend
Estimated value / SF
$80 / SF
Confidence
High
63 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$252k
blend $280k
$308k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,496 SF
Lot area
0.28 ac
Stories
2
APN
04 00032-0000-00001
Zoning
DTG
Assessed value
$264,100
Annual tax
$12,373
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$12,373
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$758k
Weighted, 20 comps · high confidence
Evidence
63 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.8 mi away · 2,700 SF
9.7 mi away · 2,712 SF
9.9 mi away · 2,520 SF
11.3 mi away · 2,800 SF
11.6 mi away · 2,592 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$280k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 25 sales
$247
-68%
Submarket 30 sales
$245
-67%
County 839 sales
$111
-28%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $80/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 63 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
5.42%
Selected cap rate for this commercial real estate
Derived from the Hightstown market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.42%
9.0%
NOI (est.)
$50k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$925k
Move the market yield to see immediate price impact.
Value / SF
$265
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.92%5.42%5.92%
$45k
$918k
$833k
$763k
$50k
$1.02M
$925k
$847k
$55k
$1.12M
$1.02M
$932k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
63 found
High confidence · county-verified
Closest comparable
$1.20M
5.3 mi · Jan 2026 · $397/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$12,373
Tax year 2022
Assessed value
$264,100
Assessed 2023
Previous assessed
$264,100
+0.0% YoY
Effective rate
4.68%
On assessed value
Assessed land
$102,800
Assessed improvement
$161,300
Land market value
$102,800
Improvement market value
$161,300
Total market value
$264,100
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
3,496 SF
Lot
0.28 ac (12,224 SF)
Zoning code
DTG
APN
04 00032-0000-00001
UPID
US59-1209639
Jurisdiction
MERCER
Zoning & alternative use
DTG · Hightstown, NJZoning DTG · permitted uses
DTG · Hightstown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
DTG Downtown Gateway. § 28-3-16 RO Research Office District. § 28-3-1 Districts established. [1991 Code § 233-4; Ord. No. 93-852 ; Ord. No. 2025-05 , 5-19-2025 ; Ord. No. 2025-19 , 12-15-2025 ] A. The Borough is hereby d…
General category
COMMERCIAL
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.28 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
DTG
COMMERCIAL
Jurisdiction
Hightstown, NJ
Recorded code
DTG
Official district
DTG
Official district profile
What the municipal code says about DTG
Zoning description
DTG Downtown Gateway. § 28-3-16 RO Research Office District. § 28-3-1 Districts established. [1991 Code § 233-4; Ord. No. 93-852 ; Ord. No. 2025-05 , 5-19-2025 ; Ord. No. 2025-19 , 12-15-2025 ] A. The Borough is hereby d…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DTG in Hightstown, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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