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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Industrial properties
201 Pond Ave Middlesex, NJ 08846-2220
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-0282487
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
CONCRETE BLOCKS
Total area
19,120 SF
Lot
1.01 ac (44,039 SF)
Zoning code
IND
APN
10 00259-0000-00002
UPID
US59-0282487
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
-
Lab Test Products Inc Industrial Manufacturer Production Facility
-
Seickel & Sons Inc Building Supply HVAC Service
-
ACC Coatings Industrial Manufacturer Production Facility
-
Excelsior Belting Equipment Company Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.04M
Owner & transaction history
Seickel Realty Associates LLC · 5 yrs held
Seickel Realty Associates LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
IND · Middlesex, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
l District. § 420-52 AR-3 Attached Residential District. § 420-53 SCR Senior Citizen Residential District. § 420-54 G-B General Business District. § 420-55 CLW Commercial/Light Manufacturing/Wholesale District. § 420-56 IND Industrial District. § 420-57 HI Heavy Industrial District. § 420-58 M Municipal District. Article VII Conditional Uses § 420-59 Conditi…
Zone name
Industrial
General category
INDUSTRIAL
Zone area
391.04 ac
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 Middlesex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middlesex 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
$2,185,000
ML approach
$2,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,075,000
Current use
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±10% · vs last sale $1.70M (Jun 8 2021)
Last sale anchor
$1.70M
Jun 8 2021
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
$107 / 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
$34,124
Tax year 2022
Assessed value
$1,800,000
Assessed 2023
Previous assessed
$1,800,000
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$600,000
Assessed improvement
$1,200,000
Land market value
$600,000
Improvement market value
$1,200,000
Total market value
$1,800,000
Applied tax rate
10.0000
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
1970
Construction
CONCRETE BLOCKS
Heating
NONE
Units
1
Total area
19,120 SF
Lot
1.01 ac (44,039 SF)
Zoning code
IND
APN
10 00259-0000-00002
UPID
US59-0282487
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
IND · Middlesex, NJZoning IND · permitted uses
IND · Middlesex, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
l District. § 420-52 AR-3 Attached Residential District. § 420-53 SCR Senior Citizen Residential District. § 420-54 G-B General Business District. § 420-55 CLW Commercial/Light Manufacturing/Wholesale District. § 420-56 IND Industrial District. § 420-57 HI Heavy Industrial District. § 420-58 M Municipal District. Article VII Conditional Uses § 420-59 Conditional uses. Article VIII Performance Standards § 420-60 Performance standards. Artic
Zone name
Industrial
General category
INDUSTRIAL
Zone area
391.04 ac
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
INDUSTRIAL (GENERAL) Current
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
1970
Construction
CONCRETE BLOCKS
Heating
NONE
Units
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Seickel Realty Associates LLC
Entity
Mailing address
201 POND AVE, MIDDLESEX, NJ 08846-2220
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2021
$1,700,000
Seickel Realty Associates LLC
Waterside LLC
Deed
—
Jun 22, 2020
—
Waterside LLC
—
Deed
related
$216,821 · Mgs Real Estate LLC
Feb 13, 2020
—
Waterside LLC
—
Deed
related
$20,000 · Mgs Real Estate LLC
Jan 6, 2016
—
Waterside LLC
—
Trustees Deed
related
$85,000 · Mgs Real Estate LLC
—
—
Todd Gannet
—
Deed Of Trust
related
$55,000 · Arthur Weintraub
—
—
Waterside LLC
—
Deed Of Trust
related
$20,000 · Mgs Real Estate LLC
—
—
Waterside LLC
—
Deed Of Trust
related
$216,821 · Mgs Real Estate LLC
—
—
Waterside LLC
—
Deed Of Trust
related
$750,000 · Crown Bk
—
—
Waterside LLC
—
Deed Of Trust
related
$195,000 · Sovereign Bk
—
—
Waterside LLC
—
Deed Of Trust
related
$640,000 · Oritani Bank
—
—
Waterside LLC
—
Deed Of Trust
related
$480,000 · Crown Bank
—
—
Waterside LLC
—
Deed Of Trust
related
$50,000 · Crown 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.
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