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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Industrial properties
190 Whitman Ave Edison, NJ 08817-4724
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1702349
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
TYPE NOT SPECIFIED
Lot
6.91 ac (301,000 SF)
Zoning code
LI
APN
05 00197-0000-00003- 03
UPID
US59-1702349
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
-
Allergy Be Gone Textile Manufacturer
-
winged bull consulting Consultant
-
Today Concept Tomorrow Success Production Facility
-
Consolidated Shipping Solutions Shipping Company Freight Service
-
WAREHOUSE BY US Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
Whitman Group LLC · 3 yrs held
Whitman Group LLC
since 2022
Last sale
$913,674
7 recorded transactions
Zoning & alternative use
LI · Edison, 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 Edison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edison 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
$965,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $914k (Sep 6 2022)
Last sale anchor
$914k
Sep 6 2022
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
$186,705
Tax year 2022
Assessed value
$3,152,200
Assessed 2023
Previous assessed
$3,152,200
+0.0% YoY
Effective rate
5.92%
On assessed value
Assessed land
$1,105,600
Assessed improvement
$2,046,600
Land market value
$1,105,600
Improvement market value
$2,046,600
Total market value
$3,152,200
Applied tax rate
5.0000
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
Off-Market
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Lot
6.91 ac (301,000 SF)
Zoning code
LI
APN
05 00197-0000-00003- 03
UPID
US59-1702349
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · Edison, NJZoning LI · permitted uses
LI · Edison, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Lot
6.91 ac
Current owner
From public records · entity-resolved
Whitman Group LLC
Entity
Mailing address
1315 STELTON RD, PISCATAWAY, NJ 08854-5265
Ownership since
2022
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
Sep 6, 2022
—
Whitman Group LLC
Dm Investments Of Whitman Avenue Ll
Quit Claim Deed
related
$5,000,000 · Td Bank NA
Jan 17, 2018
—
Whitman Group LLC
—
Deed
related
$3,000,000 · Td Bk NA
Oct 29, 2004
$100
Dm Investments Of Whitman Aven
Dileo,victor P
Grant Deed
related
—
Aug 23, 2004
$913,674
Dileo,victor P
Jsm At Centennial LLC
Grant Deed
—
Aug 23, 2004
$100
Jsm At Whitman Ave LLC
Dm Investments Of Whitman Ave
Grant Deed
related
—
Mar 1, 2004
$4,400,000
Dm Investments Of Whitman Avenue
Whitman Realty LLC
Grant Deed
related
—
—
—
Whitman Group LLC
—
Deed Of Trust
related
$5,000,000 · Miscellaneous Ins Co
—
—
Whitman Group LLC
—
Deed Of Trust
related
$3,000,000 · Td Bk NA
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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