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Property profile & analytics
FOR LEASE
Industrial properties
18 Microlab Rd Livingston, NJ 07039
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US59-0521809
For Lease
1 / 15
$7,237/Mo
18 Microlab Rd, Livingston, NJ 07039
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
1.53 ac (66,647 SF)
Zoning code
C-I
APN
10 00100-0000-00013
UPID
US59-0521809
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
-
Solnyshko Day Care Center Daycare Center
-
Vanco Construction Inc. Construction Company General Contractor
-
Vanco Millwork Inc General Contractor Renovation Specialist
-
Social Behavior Learning Solutions Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
Vanco Development LLC · 6 yrs held
Vanco Development LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-I · Livingston, 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 Livingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livingston 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
by Request
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
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
—
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
$49,840
Tax year 2022
Assessed value
$2,136,300
Assessed 2023
Previous assessed
$2,136,300
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$606,000
Assessed improvement
$1,530,300
Land market value
$606,000
Improvement market value
$1,530,300
Total market value
$2,136,300
Applied tax rate
10.0000
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
For Lease
Heating
NONE
Units
1
Lot
1.53 ac (66,647 SF)
Zoning code
C-I
APN
10 00100-0000-00013
UPID
US59-0521809
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
C-I · Livingston, NJ
Zoning C-I · permitted uses
C-I · Livingston, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Livingston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
Vanco Development LLC
Entity
Mailing address
18 MICROLAB RD, LIVINGSTON, NJ 07039-1639
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2019
—
Vanco Development LLC
—
Deed
related
$1,575,000 · Peapack Gladstone Bank
Oct 25, 2016
—
Vanco Dev LLC
—
Deed
related
—
Jan 15, 2004
—
Vanco Dev LLC
—
Trustees Deed
related
$350,000 · First Morris Bank
—
—
Vanco Dev LLC
—
Deed Of Trust
related
$61,247 · Wells Fargo Bk
—
—
Vanco Dev LLC
—
Deed Of Trust
related
$227,247 · Wells Fargo Bk
—
—
Vanco Dev LLC
—
Deed Of Trust
related
—
—
—
Vanco Dev LLC
—
Deed Of Trust
related
$300,000 · First Morris Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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