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Property profile & analytics
OFF-MARKET
Estimated value
$4,700,000
Industrial properties
154 Tices Ln East Brunswick, NJ 08816-2015
Entity Owned
Free & Clear
Property ID
US59-3157805
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1969
Total area
10,070 SF
Lot
1.89 ac (82,328 SF)
Zoning code
PI
APN
04 00029- 01-00001- 12
UPID
US59-3157805
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
-
American Jet Stream Inc Factory Production Facility
-
Sample Service Company HVAC Service General Contractor
-
York Management Services Business Management Consultant
-
Dps Molding Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.70M
Owner & transaction history
Garas Developments Group INC
Garas Developments Group INC
since 2026
Last sale
$4.3M
4 recorded transactions
Zoning & alternative use
PI · East Brunswick, 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 East Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Brunswick 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
$5,155,000
ML approach
$5,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.70M
Range $4.23M – $5.17M · ±10% · vs last sale $4.28M (Oct 4 2023)
Last sale anchor
$4.28M
Oct 4 2023
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
$467 / SF
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
$36,650
Tax year 2022
Assessed value
$315,000
Assessed 2023
Previous assessed
$315,000
+0.0% YoY
Effective rate
11.63%
On assessed value
Assessed land
$66,200
Assessed improvement
$248,800
Land market value
$66,200
Improvement market value
$248,800
Total market value
$315,000
Applied tax rate
4.0000
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
Year built
1969
Heating
NONE
Units
1
Total area
10,070 SF
Lot
1.89 ac (82,328 SF)
Zoning code
PI
APN
04 00029- 01-00001- 12
UPID
US59-3157805
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
PI · East Brunswick, NJ
Zoning PI · permitted uses
PI · East Brunswick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Brunswick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Units
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Garas Developments Group INC
Entity
Free & Clear · 0 yrs held
Mailing address
59 46TH ST, WEEHAWKEN, NJ 07086-7160
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
Mar 30, 2026
$4,100,000
Garas Developments Group INC
Hache Investment Group LLC
Deed
—
Oct 4, 2023
$4,275,000
Hache Investment Group LLC
Gms Properties At 154 Tices LLC
Deed
$1,500,000 · Bogota Sla
Nov 4, 2015
$1,200,000
Gms Properties & 154 Tices LLC
D 154 LLC
Grant Deed
$960,000 · United Teletech Fin'l FCU
Oct 13, 2005
$1,100,000
D 154 LLC
Taggart,william F & Arlene
Grant Deed
$880,000 · Pnc Bk/oh
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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