Technical
Financial
Distress signals
Property profile

16 Condict St New Brunswick, NJ 08901

OFF-MARKET
Turn key restaurants
Property ID
US59-0075978
1,680 SF 0.04 ac lot Built 1955
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1955
Total area 1,680 SF
Lot 0.04 ac (1,736 SF)
Zoning code C-3B
APN 13 00050-0000-00001
UPID US59-0075978

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

16 Condict St New Brunswick, NJ 08901-1803
New Brunswick metro Census 5200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2017
Price N/A
2015
Price N/A
2011
$100,000
2007
$100,000
2007
$300,000
2007
$300,000

Zoning & alternative use

C-3B · New Brunswick, NJ
Zoning description

C-3B Community Commercial/Office District. a. Intent and Bulk Standards: i. The intent and purpose of these districts is to provide for the expansion and preserve the integrity of community oriented commercial, professio…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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