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Property profile & analytics
FOR SALE
Commercial real estate
18 Mountain Ave Bound Brook, NJ 08805
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-0280010
No photos on file
For Sale
$750,000
18 Mountain Ave, Bound Brook, NJ 08805
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Construction
BRICK
Lot
0.11 ac (4,750 SF)
APN
04 00010-0000-00019
UPID
US59-0280010
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
18 Bound Brook LLC · 3 yrs held
18 Bound Brook LLC
since 2023
Last sale
$460,000
7 recorded transactions
Zoning & alternative use
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 Bound Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bound Brook 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
$7,351
Tax year 2022
Assessed value
$310,100
Assessed 2023
Previous assessed
$277,600
+11.7% YoY
Effective rate
2.37%
On assessed value
Assessed land
$224,300
Assessed improvement
$85,800
Land market value
$224,300
Improvement market value
$85,800
Total market value
$310,100
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1910
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Lot
0.11 ac (4,750 SF)
APN
04 00010-0000-00019
UPID
US59-0280010
Jurisdiction
SOMERSET
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1910
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
18 Bound Brook LLC
Entity
Mailing address
3 FERGUSON RD, WARREN, NJ 07059-6965
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2025
—
18 Bound Brook LLC
—
Deed
related
$500,000 · Allstate Realty LLC
Feb 10, 2023
—
18 Bound Brook LLC
—
Deed
related
$385,000 · Jacob M Deutsch
Jan 18, 2023
$460,000
18 Bound Brook LLC
Jeffrey Burke
Deed
$385,000 · Jacob M Deutsch
Jun 14, 2016
$185,000
18 Mountain Ave Lc
Pournaras,spyridon & Phyllis
Grant Deed
$110,000 · Spyridon & Phyllis Pournaras
Jul 7, 2014
—
Spyridon Pournaras
—
Trustees Deed
related
$4,000 · Myg Trust
—
—
Spyridon Pournaras
—
Deed Of Trust
related
$20,000 · Frank Chiaravalli
—
—
Spyridon Pournaras
—
Deed Of Trust
related
$75,000 · Frank Chiaravalli
—
—
Spyridem Pournaras
—
Deed Of Trust
related
$105,000 · Frank Chiaravalli
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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