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Property profile & analytics
OFF-MARKET
Estimated value
$4,595,000
Industrial properties
1500 Jersey St South Plainfield, NJ 07080-1457
Individually Owned
~
Est. High Equity
Property ID
US59-1161015
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
1.32 ac (57,412 SF)
Zoning code
M3
APN
22 00457-0000-00001- 01
UPID
US59-1161015
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
Current use
Occupant on record · Public records
-
CubeSmart Self Storage Storage Facility
-
New Jersey Paving Corportation General Contractor Construction Company
-
AAA Storage Depot Storage Facility
-
Dinoco Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.60M
Owner & transaction history
South Plainfield Drive Up Storage L
South Plainfield Drive Up Storage L
since 2026
Last sale
$4.1M
4 recorded transactions
Zoning & alternative use
M3 · South Plainfield, 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 South Plainfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Plainfield 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
$5,225,000
ML approach
$5,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.60M
Range $4.14M – $5.05M · ±10% · vs last sale $4.06M (Aug 23 2021)
Last sale anchor
$4.06M
Aug 23 2021
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
—
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
$42,841
Tax year 2022
Assessed value
$649,600
Assessed 2023
Previous assessed
$649,600
+0.0% YoY
Effective rate
6.59%
On assessed value
Assessed land
$130,300
Assessed improvement
$519,300
Land market value
$130,300
Improvement market value
$519,300
Total market value
$649,600
Applied tax rate
22.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.32 ac (57,412 SF)
Zoning code
M3
APN
22 00457-0000-00001- 01
UPID
US59-1161015
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
M3 · South Plainfield, NJ
Zoning M3 · permitted uses
M3 · South Plainfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Plainfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.32 ac
Current owner
From public records · entity-resolved
South Plainfield Drive Up Storage L
Individual
Mailing address
360 3RD AVE APT #8, NEW YORK, NY 10016-9045
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
$4,725,000
South Plainfield Drive Up Storage L
Bh S Plainfield Ss LLC
Deed
$4,725,000 · Starwood Mortgage Capital LLC
Aug 23, 2021
$4,062,500
Bh S Plainfield Ss LLC
Aaa Storage Depot LLC
Deed
$4,375,000 · Oceanfirst Bank
Dec 5, 2011
—
Stonebridge Bk
Aaa Storage Depot LLC
Deed In Lieu Of Foreclosure
related
—
Jul 13, 2006
$1
Aaa Storage Depot LLC
Clark,larry
Grant Deed
related
—
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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