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    Property profile & analytics

    15 Prospect Ln Colonia, NJ 07067-3010

    • Office buildings
    • 14,480 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $645,000
    Location Intelligence
    Property ID
    US59-0980272
    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.

    Current Use by Public Records

    • All In Counseling / Counselor
    • M Hassanali CPA LLC / Accountant
    • Davenport & Associates PA / Tax Preparation Service
    • Dr. Glenn Bager / Chiropractor / Practitioner Service Location
    • Dr. James Albani / Practitioner Service Location / Dentist

    Property Details for 15 Prospect Ln

    Year built
    1969
    Lot size
    0.67 lot acres
    Property size
    14,480 SF
    Zone code
    B-3
    Property type
    Office buildings
    APN
    25 00461- 01-00020
    APU
    25004610100020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $720,000
      6.5%
      $755,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $710,000
      Geo Method
      $860,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $700,000
      Retail
      $825,000
      Mixed-Use
      $845,000
      Hospitality
      $915,000
      Educational
      $845,000
      Residential Income
      $865,000
      Energy
      $730,000
      Income-Based Land
      $770,000
      Food Service
      $795,000

    Location Insight

    • Map
    • Local Demand
    City
    Colonia
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2936
    Latitude
    40.5931
    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
    $43,983
    $117,000
    $264,000
    $381,000
    -
    $117,000
    $264,000
    $381,000

    Comparable in this City

    • Value Estimation by Request
      0.68 Acres

      795 Inman Ave

      OFFICE BUILDING • 0.68 Acres
      795 Inman Ave, Colonia, NJ 07067-1438
      View Details
    • Value Estimation
      $595,000
      10,400 SF

      1503 Saint Georges Ave

      OFFICE BUILDING • 10,400 SF
      1503 Saint Georges Ave, Colonia, NJ 07067-3425
      View Details
    • Value Estimation by Request
      1,998 SF

      719 Inman Ave

      OFFICE BUILDING • 1,998 SF
      719 Inman Ave, Colonia, NJ 07067-1432
      View Details
    • Value Estimation by Request
      1,464 SF

      689 Inman Ave

      OFFICE BUILDING • 1,464 SF
      689 Inman Ave, Colonia, NJ 07067-1528
      View Details
    • Value Estimation by Request
      1,833 SF

      1107 Saint Georges Ave

      OFFICE BUILDING • 1,833 SF
      1107 Saint Georges Ave, Colonia, NJ 07067-4121
      View Details
    • Value Estimation by Request
      0.24 Acres

      602 Inman Ave

      OFFICE BUILDING • 0.24 Acres
      602 Inman Ave, Colonia, NJ 07067-1000
      View Details

    Similar Nearby for Sale

    • $550,000
      1,314 SF

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      Mixed-use building with office space and apartment in desirable location.
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      Residential Land in Colonia, NJ

      Vacant land suitable for building a new home on 0.929 acres.
      14 Parson Pl, Colonia, NJ 07067
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    • $299,000

      Colonia Business Opportunity: Prime Location

      Established Business, High-Traffic Area, $299,000
      1111 Saint George Ave, Colonia, NJ 07067
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    Similar Nearby for Lease

    • Contact for pricing

      Colonia Retail Land Opportunity

      Prime 0.72-acre site, ideal for restaurant or retail.
      571 Inman Ave, Woodbridge Township, NJ 07067
      View Details
    • Contact for pricing
      407 SF

      Colonia Retail Space Available

      Retail spaces available on the second floor.
      800 Inman Ave, Colonia, NJ 07067
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Colonia, NJ

      Retail space with high visibility and easy access.
      571 Inman Ave, Colonia, NJ 07067
      View Details
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    15 Prospect Ln
    Colonia, NJ 07067-3010
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    Realmo Value Estimation

    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.

    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.

    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
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