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Property profile & analytics
OFF-MARKET
Estimated value
$14,055,000
Industrial properties
235 Willow Brk Rd Freehold, NJ 07728-2882
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-1277576
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1960
Total area
216,780 SF
Lot
29.69 ac (1,293,296 SF)
Zoning code
M-1
APN
17 00049-0000-00046- 02
UPID
US59-1277576
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
$11.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.31M
Blend (final)
Blend
$14.06M
Owner & transaction history
235 Willowbrook LLC · 4 yrs held
235 Willowbrook LLC
since 2021
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
M-1 · Freehold, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Freehold submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freehold 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
$17,785,000
ML approach
$11,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.06M
Range $12.65M – $15.46M · ±10% · vs last sale $14.50M (Sep 16 2021)
Last sale anchor
$14.50M
Sep 16 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
$65 / 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
$272,692
Tax year 2022
Assessed value
$21,678,000
Assessed 2023
Previous assessed
$21,678,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$13,460,500
Assessed improvement
$8,217,500
Land market value
$13,460,500
Improvement market value
$8,217,500
Total market value
$21,678,000
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
1960
Heating
NONE
Buildings
1
Total area
216,780 SF
Lot
29.69 ac (1,293,296 SF)
Zoning code
M-1
APN
17 00049-0000-00046- 02
UPID
US59-1277576
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Freehold, NJ
Zoning M-1 · permitted uses
M-1 · Freehold, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Freehold. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Buildings
1
Lot
29.69 ac
Current owner
From public records · entity-resolved
235 Willowbrook LLC
Entity
Mailing address
1735 JERSEY AVE, NORTH BRUNSWICK, NJ 08902-1492
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
—
235 Willowbrook LLC
—
Deed
related
$56,000,000 · Israel Discount Bank Of New York
Apr 11, 2022
—
235 Willowbrook LLC
—
Deed
related
$16,800,000 · Valley Bank
Dec 27, 2021
—
235 Willow Brook LLC
—
Deed
related
$20,000,000 · White Oak Commercial Finance LLC
Sep 16, 2021
$14,500,000
235 Willowbrook LLC
Gannett Satellite Information Netwo
Special Warranty Deed
—
May 14, 2021
—
Gannett Satellite Information Netwo
—
Deed
related
$497,094,000 · Alter Domus Products Corp
Mar 27, 2020
—
Gannett Satellite Information
—
Deed
related
$1,792,000 · Cortland Products Corp
—
—
Gannett Satellite Information
—
Deed Of Trust
related
$1,792,000 · Cortland Products Corp
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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