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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Residential income homes
25 Hillside Ave, Metuchen, NJ 08840-2064
Entity Owned
4-yr Hold
Property ID
US59-3149833
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1920
Total area
1,692 SF
Lot
0.53 ac (23,117 SF)
Zoning code
B1
APN
09 00118-0000-00019- 01
UPID
US59-3149833
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
-
Downtown Metro Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
Hillside Metuchen Apartments LLC · 4 yrs held
Hillside Metuchen Apartments LLC
since 2021
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
B1 · Metuchen, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$650,000
+56.3%
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
$1,365,000
ML approach
$1,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$650,000
Change: +56% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10% · vs last sale $1.06M (Oct 27 2021)
Last sale anchor
$1.06M
Oct 27 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
$624 / 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
$142,798
Tax year 2022
Assessed value
$2,160,000
Assessed 2023
Previous assessed
$2,160,000
+0.0% YoY
Effective rate
6.61%
On assessed value
Assessed land
$500,000
Assessed improvement
$1,660,000
Land market value
$500,000
Improvement market value
$1,660,000
Total market value
$2,160,000
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
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1920
Heating
NONE
Stories
2
Units
1
Total area
1,692 SF
Lot
0.53 ac (23,117 SF)
Zoning code
B1
APN
09 00118-0000-00019- 01
UPID
US59-3149833
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B1 · Metuchen, NJ
Zoning B1 · permitted uses
B1 · 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
OFFICE BUILDING
Est. value
$650,000
OFFICE BUILDING
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
1920
Heating
NONE
Stories
2
Units
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Hillside Metuchen Apartments LLC
Entity
Mailing address
3010 BORDENTOWN AVE, PARLIN, NJ 08859-1181
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2021
—
Hillside Metuchen Apartments LLC
Hillside Metuchen Apartments LLC
Intrafamily Transfer
related
—
Dec 2, 2016
—
Hillside Metuchen Apartments L
—
Trustees Deed
related
$2,400,000 · Corporate Headquarters
Jun 9, 2016
$1,062,500
Hillside Metuchen Apartments
Main Street Metuchen Ltd
Grant Deed
$1,250,000 · Two River Cmnty Bk
Jun 15, 2005
$150,000
Main Street Metuchen Ltd
Main Street Metuchen Ltd
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.
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