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Property profile & analytics
OFF-MARKET
Commercial real estate
1600 Riv Rd Titusville, NJ 08560-1810
Entity Owned
6-yr Hold
Free & Clear
Property ID
US59-1716447
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1800
Construction
FRAME
Total area
3,360 SF
Lot
5.4 ac (235,224 SF)
Zoning code
MRC
APN
06 00060-0000-00007- 02
UPID
US59-1716447
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pine Ridge Properties LLC · 6 yrs held
Pine Ridge Properties LLC
since 2020
Last sale
$240,000
3 recorded transactions
Zoning & alternative use
MRC · Titusville, 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 Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$11,993
Tax year 2022
Assessed value
$400,700
Assessed 2023
Previous assessed
$400,700
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$268,300
Assessed improvement
$132,400
Land market value
$268,300
Improvement market value
$132,400
Total market value
$400,700
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1800
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
3,360 SF
Lot
5.4 ac (235,224 SF)
Zoning code
MRC
APN
06 00060-0000-00007- 02
UPID
US59-1716447
Jurisdiction
MERCER
Zoning & alternative use
MRC · Titusville, NJ
Zoning MRC · permitted uses
MRC · Titusville, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Titusville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1800
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
5.4 ac
Current owner
From public records · entity-resolved
Pine Ridge Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1600 RIV RD, TITUSVILLE, NJ 08560-1810
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2021
—
Pine Ridge Properties LLC
—
Deed
related
$400,000 · First Bank
Feb 4, 2020
$240,000
Pine Ridge Properties LLC
Sheriff Of Mercer County|gardee Group LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Feb 5, 2013
$351,000
Gardee Group LLC
Brymer,tilbert C & Barbara J
Grant Deed
$250,000 · Eastern Funding
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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