Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2 Taylor Ave East Brunswick, NJ 08816-1435

    • Residential income homes
    • 61,724 SF
    • 9.70 lot acres
    OFF-MARKET
    Value Estimations
    $8,480,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-1189104
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cveb / Apartment Building
    • MN General Contracting / Hardware & Home Improvement / Kitchen & Bath Showroom

    Property Details for 2 Taylor Ave

    Year built
    1960
    Lot size
    9.70 lot acres
    Property size
    61,724 SF
    Zone code
    R3
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    04 00022-0000-00027
    APU
    400022000000027

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $13,740,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    East Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4103
    Latitude
    40.4644
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $282,928
    $560,000
    $1,871,700
    $2,431,700
    -
    $560,000
    $1,871,700
    $2,431,700

    Comparable in this City

    • Value Estimation by Request
      2,537 SF

      2 1st St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,537 SF
      2 1st St, East Brunswick, NJ 08816-2376
      View Details
    • Value Estimation by Request
      3,040 SF

      305 Old Brg Tpke

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,040 SF
      305 Old Brg Tpke, East Brunswick, NJ 08816-2377
      View Details
    • Value Estimation by Request
      2,722 SF

      247 Old Brg Tpke

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,722 SF
      247 Old Brg Tpke, East Brunswick, NJ 08816-2395
      View Details
    • Value Estimation by Request
      0.54 Acres

      15 Civic Ctr Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.54 Acres
      15 Civic Ctr Dr, East Brunswick, NJ 08816-3589
      View Details
    • Value Estimation
      $20,455,000
      7.23 Acres

      85 Tices Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 7.23 Acres
      85 Tices Ln, East Brunswick, NJ 08816-2162
      View Details
    • Value Estimation by Request
      29.98 Acres

      15 Civic Ctr Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 29.98 Acres
      15 Civic Ctr Dr, East Brunswick, NJ 08816-3589
      View Details

    Similar Nearby for Sale

    • $389,000

      Luxury Penthouse in 55+ Community

      Elegant penthouse in Cedar Village, East Brunswick, a 55+ community.
      2302 Cedar Vlg Blvd Blvd, East Brunswick, NJ 08816
      View Details
    • $379,995

      Updated Condo with Modern Amenities

      Updated condo featuring modern amenities, close to shopping and transportation.
      344 Danbury Ln, East Brunswick, NJ 08816
      View Details
    • $605,000
      1,835 SF

      Bright Townhouse with Home Office

      Corner lot townhouse featuring a study, updated kitchen, and scenic views.
      199 Stults Ln, East Brunswick, NJ 08816
      View Details
    • $599,000
      1,978 SF

      Spacious Townhome in Lexington Village

      Freshly painted end-unit townhome with private backyard and convenient location.
      21 Clark Ct, East Brunswick, NJ 08816
      View Details
    • $379,995

      Updated Condo with Amenities

      Updated condo with modern features, community amenities, and convenient location.
      344 Danbury Ln, East Brunswick, NJ 08816
      View Details
    • $580,000

      Prime East Brunswick Office Building

      Two-Story Office, High Visibility
      702 State Rte 18 Hwy, East Brunswick, NJ 08816
      View Details

    Similar Nearby for Lease

    • $54 SF/Yr
      200 SF

      Emerson Street Executive Office Suite

      Prime Location, 200 sq ft Office
      16 Emerson St, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      35,000 SF

      Route 18 Retail Opportunity

      Retail space with drive-thru in high-traffic Route 18 corridor.
      275 State Route 18, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      30,000 SF

      East Brunswick Office Sublease Opportunity

      Sublease opportunity with flexible terms in East Brunswick, New Jersey.
      1200 Tices Ln, East Brunswick, NJ 08816
      View Details
    • $0.02 SF/Yr
      12,000 SF

      State Route 18 Office Space

      Prime East Brunswick Office - 2800 SF
      214 State Rte 18 Hwy, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      10,000 SF

      East Brunswick Adult Day Care

      10,000 SF adult day care center for lease.
      635 Cranbury Rd, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      12,500 SF

      Dominant Shopping Center on Route 18

      Established shopping center with high traffic and anchor tenants.
      50 W Prospect St, East Brunswick, NJ 08816
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Taylor Ave
    East Brunswick, NJ 08816-1435
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.