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Property profile & analytics
OFF-MARKET
Commercial real estate
23 Broad St Branchville, NJ 07826-5603
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US59-0696111
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
4,218 SF
Lot
0.28 ac (12,197 SF)
Zoning code
R-2
APN
03 00202-0000-00030
UPID
US59-0696111
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kme Real Estate Holdings LLC · 8 yrs held
Kme Real Estate Holdings LLC
since 2017
4 recorded transactions
Zoning & alternative use
R-2 · Branchville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
by Ord. No. 2-79 ; 8-1-2018 by Ord. No. 07-2018 ] The Borough of Branchville is hereby divided into the following districts as listed below: Residential 1 District, known as "R-1 Zone" Residential 2 District, known as "R-2 Zone" Residential 3 District, known as "R-3 Zone" Commercial District, known as "C Zone" Professional and Office District, known as "O Zo…
Zone name
Residential 2
General category
RESIDENTIAL
Zone area
9.48 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 Branchville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Branchville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$5,664
Tax year 2022
Assessed value
$240,000
Assessed 2023
Previous assessed
$240,000
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$88,200
Assessed improvement
$151,800
Land market value
$88,200
Improvement market value
$151,800
Total market value
$240,000
Applied tax rate
3.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Units
1
Total area
4,218 SF
Lot
0.28 ac (12,197 SF)
Zoning code
R-2
APN
03 00202-0000-00030
UPID
US59-0696111
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-2 · Branchville, NJZoning R-2 · permitted uses
R-2 · Branchville, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
by Ord. No. 2-79 ; 8-1-2018 by Ord. No. 07-2018 ] The Borough of Branchville is hereby divided into the following districts as listed below: Residential 1 District, known as "R-1 Zone" Residential 2 District, known as "R-2 Zone" Residential 3 District, known as "R-3 Zone" Commercial District, known as "C Zone" Professional and Office District, known as "O Zone" Highway Commercial District, known as "HC Zone" Planned Residential Zone Distr
Zone name
Residential 2
General category
RESIDENTIAL
Zone area
9.48 ac
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Kme Real Estate Holdings LLC
Entity
Mailing address
16 MINISINK DR, MONTAGUE, NJ 07827-3161
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2017
$210,000
Kme Real Estate Holdings LLC
Roy Co INC
Grant Deed
related
$157,500 · Sussex Bk
Feb 18, 2005
$825,000
Franlin Mutual Insurance Co
Roy,richard M
Grant Deed
—
Feb 18, 2005
$1
Richard M Roy
Roy Co INC
Grant Deed
related
—
Dec 22, 2004
$1
Roy Co INC
Roy Co INC
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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