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Property profile & analytics
OFF-MARKET
Estimated value
$8,030,000
Industrial properties
201 11th St Piscataway, NJ 08854-1926
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1958552
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1962
Total area
46,080 SF
Lot
4.82 ac (209,959 SF)
Zoning code
LI1
APN
17 00805-0000-00031
UPID
US59-1958552
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
$9.13M
CAP Approach
CAP
$7.96M
Comparable Approach
Comparable
$7.76M
Blend (final)
Blend
$8.03M
Owner & transaction history
256 Pacific Street LLC · 3 yrs held
256 Pacific Street LLC
since 2023
Last sale
$8.2M
3 recorded transactions
Zoning & alternative use
LI1 · Piscataway, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.6M
+20.9%
Apartment house (5+ units)
$11.4M
+8.9%
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 Piscataway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Piscataway 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
$9,885,000
ML approach
$9,130,000
CAP Approach
CAP Return
Estimation
6%
$8,620,000
6.5%
$7,955,000
7%
$7,390,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,425,000
Current use
OFFICE BUILDING
$12,600,000
Change: +21% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,355,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,330,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$8.03M
Range $7.23M – $8.83M · ±10% · vs last sale $8.20M (Jun 14 2023)
Last sale anchor
$8.20M
Jun 14 2023
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
$174 / 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
$92,066
Tax year 2022
Assessed value
$4,380,000
Assessed 2023
Previous assessed
$4,380,000
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$3,370,000
Assessed improvement
$1,010,000
Land market value
$3,370,000
Improvement market value
$1,010,000
Total market value
$4,380,000
Applied tax rate
17.0000
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
Year built
1962
Heating
NONE
Total area
46,080 SF
Lot
4.82 ac (209,959 SF)
Zoning code
LI1
APN
17 00805-0000-00031
UPID
US59-1958552
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LI1 · Piscataway, NJ
Zoning LI1 · permitted uses
LI1 · Piscataway, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Piscataway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.4M
OFFICE BUILDING
Est. value
$12.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.4M
COMMERCIAL (GENERAL)
Est. value
$10.3M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (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
1962
Heating
NONE
Lot
4.82 ac
Current owner
From public records · entity-resolved
256 Pacific Street LLC
Entity
Mailing address
201 11TH ST, PISCATAWAY, NJ 08854-1926
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2023
$8,200,000
256 Pacific Street LLC
Binsky & Snyder LLC
Deed
$3,000,000 · Provident Bank
Apr 21, 2020
—
Binsky & Snyder LLC
—
Deed
related
$12,000,000 · Td Bank NA
Jan 25, 2019
$1,086,804
Binsky & Snyder LLC
Leasenet LLC
Grant Deed
—
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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