Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Industrial properties
2 Crisman Rd Columbia, NJ 07832-2709
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US59-1588090
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
TYPE NOT SPECIFIED
Lot
6.26 ac (272,686 SF)
Zoning code
GCI
APN
04 00505-0000-00001- 03
UPID
US59-1588090
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
-
10-31 Inc Industrial Manufacturer Production Facility
-
Art Display Essentials Production Facility
-
Museum Display Products And Services Museum Tourist Attraction
-
MuseumRails Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Jessevan LLC · 14 yrs held
Jessevan LLC
since 2012
7 recorded transactions
Zoning & alternative use
GCI · Columbia, 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 Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbia 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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$38,672
Tax year 2022
Assessed value
$1,369,900
Assessed 2023
Previous assessed
$1,369,900
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$207,600
Assessed improvement
$1,162,300
Land market value
$207,600
Improvement market value
$1,162,300
Total market value
$1,369,900
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
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
6.26 ac (272,686 SF)
Zoning code
GCI
APN
04 00505-0000-00001- 03
UPID
US59-1588090
Jurisdiction
WARREN
Zoning & alternative use
GCI · Columbia, NJZoning GCI · permitted uses
GCI · Columbia, 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
6.26 ac
Current owner
From public records · entity-resolved
Jessevan LLC
Entity
Mailing address
17 MAINES LN, BLAIRSTOWN, NJ 07825-9675
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2018
—
Craig C Vokoun
—
Deed
related
$100,000 · Farm Credit Svcs
Jul 17, 2012
—
Jessevan LLC
Stender,lynne
Grant Deed
related
—
Dec 20, 2002
—
Blairstown Township (nj)
Stender,lynne
Grant Deed
related
—
Feb 6, 2002
—
Lynne Stender
Stender,a W
Quit Claim Deed
related
—
—
—
Lynne Stender
—
Deed Of Trust
related
$175,000 · First Hope Bank
—
—
Craig C Vokoun
—
Deed Of Trust
related
$100,000 · Farm Credit Svcs
—
—
Lynne Stender
—
Deed Of Trust
related
$200,000 · First Hope Bank
—
—
Jessevan LLC
—
Deed Of Trust
related
$530,600 · Pnc Bank
—
—
Lynne Stender
—
Deed Of Trust
related
$118,000 · First Hope 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2 Crisman Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
