Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    153 Cooper Ave Iselin, NJ 08830-2060

    • Residential income homes
    • 5,032 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    $755,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-0742867
    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

    • Residential income homes

    Property Details for 153 Cooper Ave

    Year built
    1925
    Lot size
    0.24 lot acres
    Property size
    5,032 SF
    Zone code
    R-6
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    25 00373- 02-00024- 02
    APU
    2500373020002402

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $977,000
      Market price range: $977k - $1.55M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,240,000
      Current use
      COMMERCIAL (GENERAL)
      $1,130,000
      Change: -9% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $1,120,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Iselin
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3203
    Latitude
    40.5712
    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
    $22,022
    $27,400
    $164,300
    $191,700
    -
    $27,400
    $164,300
    $191,700

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      247 State Rte 27

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.13 Acres
      247 State Rte 27, Iselin, NJ 08830-1620
      View Details
    • Value Estimation
      $1,290,000
      8,840 SF

      820 Grn St

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,840 SF
      820 Grn St, Iselin, NJ 08830-2919
      View Details
    • Value Estimation by Request
      2.29 Acres

      43 Brown Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2.29 Acres
      43 Brown Ave, Iselin, NJ 08830
      View Details
    • Value Estimation
      $3,520,000
      10,368 SF

      1499 Oak Tree Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 10,368 SF
      1499 Oak Tree Rd, Iselin, NJ 08830-1543
      View Details
    • Value Estimation
      $15,905,000
      1.06 Acres

      444 State Rte 27

      APARTMENT HOUSE (UNDER 5 UNITS) • 1.06 Acres
      444 State Rte 27, Iselin, NJ 08830-1773
      View Details
    • Value Estimation by Request
      18.82 Acres

      210 Cheryl Dr, Unit 1426

      APARTMENT HOUSE (UNDER 5 UNITS) • 18.82 Acres
      210 Cheryl Dr, Iselin, NJ 08830-3158
      View Details

    Similar Nearby for Sale

    • $749,000
      2,244 SF

      Multifamily in Prime Iselin Location

      Multifamily property with income potential in a sought-after rental market.
      24 Maple Rd, Iselin, NJ 08830
      View Details
    • Contact for pricing
      0.29 Acres

      Iselin Commercial Space - Prime Location

      1400 SF Retail Space, Vanilla Box Delivery
      Green St, Iselin, NJ 08830
      View Details
    • Contact for pricing
      7,200 SF

      Retail Property with High Visibility

      Retail property with 4,200 SF and 60+ parking spaces.
      670 Us Highway 1 N, Iselin, NJ 08830
      View Details
    • $975,000
      1,500 SF

      Iselin Mixed-Use Corner Property

      Mixed-use property on a busy corner with commercial and residential features.
      1610 Oak Tree Rd, Iselin, NJ 08830
      View Details
    • Contact for pricing
      0.57 Acres

      Iselin Retail End Cap Opportunity

      High-Visibility Corner Retail Space, 1150 SF
      Green St, Iselin, NJ 08830
      View Details
    • Contact for pricing
      400 SF

      Iselin Commercial Land Opportunity

      400 SF Commercial Land for Lease
      838 Grn St, Woodbridge Township, NJ 08830
      View Details

    Similar Nearby for Lease

    • $3,185 /Mo

      Luxury Apartments Near Metropark Station

      Upscale apartments with modern amenities and convenient transit access.
      3 Ronson Rd, Iselin, NJ 08830
      View Details
    • Contact for pricing
      410,788 SF

      Woodbridge Retail Plaza Opportunity

      High-traffic retail space, NJ.
      675 Rte 1, Woodbridge Township, NJ 08830
      View Details
    • $6 SF/Yr
      3,600 SF

      Iselin Executive Office Suite

      Move-in ready, 900 sq ft office space
      894 Grn St, Woodbridge Township, NJ 08830
      View Details
    • Contact for pricing
      27,016 SF

      Class A Office Space Available

      Modern office building with amenities and convenient parking.
      194 S Wood Ave, Iselin, NJ 08830
      View Details
    • Contact for pricing
      11,989 SF

      Office Space Near Metro Park

      Office space available in a coveted location near Metro Park.
      485 Us Highway 1 S, Iselin, NJ 08830
      View Details
    • Contact for pricing
      13,154 SF

      Oak Tree Road Executive Suite

      Prime Office Space, Garden State Parkway Visibility
      1477 Oak Tree Rd, Woodbridge Township, NJ 08830
      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.
    153 Cooper Ave
    Iselin, NJ 08830-2060
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.