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Property profile & analytics
OFF-MARKET Estimated value $2,095,000
Residential income homes

175 Remsen Ave New Brunswick, NJ 08901-2685

14,700 SF 0.23 ac lot Built 2002
Entity Owned 16-yr Hold Absentee Owner
Property ID
US59-3015596
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 2002
Construction TYPE NOT SPECIFIED
Total area 14,700 SF
Lot 0.23 ac (10,000 SF)
Zoning code R-5A
APN 13 00218-0000-00005- 01
UPID US59-3015596
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
  • Affects Hair Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.10M
Owner & transaction history
Khatri Associates 175 LLC · 16 yrs held
Khatri Associates 175 LLC
since 2009
1 recorded transaction
2009
$1.5M
Zoning & alternative use
R-5A · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-5A Single-Family and Two-Family Residential District. a. Intent. The intent and purpose of this district is to provide for the expansion and preservation of the integrity of medium density single-family and two-family residential areas within the community by prohibiting the further development of garden apartments and apartment buildings and the conversio…

Zone name Single And Two Family Residential
General category RESIDENTIAL
Zone area 558.90 ac
Source municipal code
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