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Property profile & analytics
OFF-MARKET
Estimated value
$3,080,000
Residential income homes
20 Claire Ave Woodbridge, NJ 07095-3757
Entity Owned
3-yr Hold
Property ID
US59-1157592
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1928
Total area
11,262 SF
Lot
0.33 ac (14,490 SF)
Zoning code
R-6
APN
25 00563- 45-00048
UPID
US59-1157592
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
$3.28M
CAP Approach
CAP
$2.90M
Comparable Approach
Comparable
$2.19M
Blend (final)
Blend
$3.08M
Owner & transaction history
Tmg Wprc LLC · 3 yrs held
Tmg Wprc LLC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
R-6 · Woodbridge, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.1M
+11.0%
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 Woodbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbridge 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
$3,180,000
ML approach
$3,280,000
CAP Approach
CAP Return
Estimation
6%
$3,140,000
6.5%
$2,900,000
7%
$2,695,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,775,000
Current use
OFFICE BUILDING
$3,080,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,525,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,505,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.08M
Range $2.77M – $3.39M · ±10% · vs last sale $3.02M (Aug 10 2022)
Last sale anchor
$3.02M
Aug 10 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
$273 / SF
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
$40,225
Tax year 2022
Assessed value
$324,500
Assessed 2023
Previous assessed
$324,500
+0.0% YoY
Effective rate
12.40%
On assessed value
Assessed land
$48,000
Assessed improvement
$276,500
Land market value
$48,000
Improvement market value
$276,500
Total market value
$324,500
Applied tax rate
25.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1928
Heating
NONE
Units
1
Total area
11,262 SF
Lot
0.33 ac (14,490 SF)
Zoning code
R-6
APN
25 00563- 45-00048
UPID
US59-1157592
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-6 · Woodbridge, NJ
Zoning R-6 · permitted uses
R-6 · Woodbridge, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1928
Heating
NONE
Units
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Tmg Wprc LLC
Entity
Mailing address
5308 13TH AVE #288, BROOKLYN, NY 11219-5198
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
—
Tmg Wprc LLC
Swv 490 Rahway LLC
Deed
$3,941,000 · Realty Capital Finance LLC
Aug 10, 2022
$3,015,000
Sww 490 Rahway LLC
Sww 490 Rahway LLC
Deed
related
—
Sep 11, 2020
$1,738,378
Sww 490 Rahway LLC
Lease Rentals At Gables LLC
Grant Deed
—
Feb 19, 2019
—
Lease Rentals At Claire LLC
Lease John D
Correction Deed
related
—
Jul 11, 2018
—
Lease Rentals At Claire LLC
Lease John D
Quit Claim Deed
related
—
Jan 19, 1993
$675,000
John Lease
The Gables
Grant Deed
$480,000 · Sellers Financed
—
—
Lease,john D & Maria D
—
Deed Of Trust
related
$400,000 · Union Ctr Nat'l Bk
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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