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Property profile & analytics
OFF-MARKET
Commercial real estate

249 Somerset St New Brunswick, NJ 08901-4125

4,340 SF 0.08 ac lot Built 1912
Entity Owned ~ Est. High Equity
Property ID
US59-0929083
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1912
Construction FRAME
Total area 4,340 SF
Lot 0.08 ac (3,300 SF)
Zoning code C-1
APN 13 00419-0000-00008
UPID US59-0929083
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
Jajo Group LLC
Jajo Group LLC
since 2026
Last sale
$950,000
3 recorded transactions
2026
$950,000
2015
$530,000
1969
Price N/A
Zoning & alternative use
C-1 · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-1 Neighborhood Commercial District. a. Intent. The intent and purpose of these districts is to provide for the expansion and preserve the integrity of neighborhood oriented commercial uses and mixed multi-family residential uses. The commercial uses should offer convenience goods and services whereas the mixed multi-family residential uses should consist o…

Zone name Neighborhood Commercial
General category COMMERCIAL
Zone area 36.41 ac
Source municipal code
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