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Property profile & analytics
OFF-MARKET
Estimated value
$6,775,000
Industrial properties
230 Liberty St Metuchen, NJ 08840-1218
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-0108998
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
39,888 SF
Lot
2.44 ac (106,345 SF)
Zoning code
LI
APN
09 00037-0000-00010
UPID
US59-0108998
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
-
LPBS corp. Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.91M
CAP Approach
CAP
$6.89M
Comparable Approach
Comparable
$5.07M
Blend (final)
Blend
$6.78M
Owner & transaction history
Liberty 230 LLC · 5 yrs held
Liberty 230 LLC
since 2020
Last sale
$6.4M
7 recorded transactions
Zoning & alternative use
LI · Metuchen, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$9.8M
+10.7%
Commercial (general)
$8.9M
+0.7%
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 Metuchen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Metuchen 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
$7,980,000
ML approach
$7,910,000
CAP Approach
CAP Return
Estimation
6%
$7,460,000
6.5%
$6,890,000
7%
$6,395,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,880,000
Current use
APARTMENT HOUSE (5+ UNITS)
$9,830,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,940,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$6.78M
Range $6.10M – $7.45M · ±10% · vs last sale $6.40M (Nov 16 2020)
Last sale anchor
$6.40M
Nov 16 2020
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
$170 / 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
$99,388
Tax year 2022
Assessed value
$1,560,000
Assessed 2023
Previous assessed
$1,560,000
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$350,000
Assessed improvement
$1,210,000
Land market value
$350,000
Improvement market value
$1,210,000
Total market value
$1,560,000
Applied tax rate
9.0000
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
39,888 SF
Lot
2.44 ac (106,345 SF)
Zoning code
LI
APN
09 00037-0000-00010
UPID
US59-0108998
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · Metuchen, NJ
Zoning LI · permitted uses
LI · Metuchen, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Metuchen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.8M
COMMERCIAL (GENERAL)
Est. value
$8.9M
INDUSTRIAL (GENERAL) Current
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
Liberty 230 LLC
Entity
Mailing address
250 LIBERTY ST, METUCHEN, NJ 08840-1218
Ownership since
2020
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
Nov 16, 2020
$6,400,000
Liberty 230 LLC
230 Liberty Strett LLC
Bargain And Sale Deed
$4,400,000 · 1st Constitution Bank
Jun 26, 2018
—
230 Liberty Street LLC
—
Deed
related
$2,450,000 · Jpmorgan Chase Bank NA
Dec 9, 2016
—
230 Liberty Street LLC
—
Deed
related
$1,850,000 · Trenton Busn Assistance
Feb 1, 2016
$4,400,000
230 Liberty Street LLC
Nys Collection Realty LLC
Grant Deed
$2,259,500 · Other Institutional Lenders
Nov 15, 2005
$2,590,000
Nys Collection Realty LLC
Cantor,edward A
Grant Deed
$1,295,000 · Signature Bk
—
—
230 Liberty Street LLC
—
Deed Of Trust
related
$1,850,000 · Trenton Busn Assistance
—
—
Nys Collection Realty LLC
—
Deed Of Trust
related
$1,067,000 · New Jersey Busn Fin
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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