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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Individual retail properties
273 New Brunswick Ave, Perth Amboy, NJ 08861-4024
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-0188139
Property profile
Verified
Property type
Individual retail properties
Use group
LIQUOR STORE
Year built
1905
Construction
BRICK
Total area
5,664 SF
Lot
0.12 ac (5,400 SF)
Zoning code
C-1
APN
16 00157-0000-00017
UPID
US59-0188139
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
-
Mid State Services Excavating Contractor Property Maintenance
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.20M
Owner & transaction history
Pankaj Vedawala · 2 yrs held
Pankaj Vedawala
since 2023
4 recorded transactions
Zoning & alternative use
C-1 · Perth Amboy, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+21.2%
Auto repair, garage
$1.0M
+13.3%
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 Perth Amboy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perth Amboy 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,345,000
6.5%
$1,245,000
7%
$1,155,000
Alternative Use
Use
Estimation
RETAIL STORES
$905,000
Current use
MEDICAL BUILDING
$1,095,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,025,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$905,000
Change: 0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$760,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10%
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
$212 / 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
$19,980
Tax year 2022
Assessed value
$671,600
Assessed 2023
Previous assessed
$671,600
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$154,000
Assessed improvement
$517,600
Land market value
$154,000
Improvement market value
$517,600
Total market value
$671,600
Applied tax rate
16.0000
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
Individual retail properties
Use group
LIQUOR STORE
Status
Off-Market
Year built
1905
Construction
BRICK
Heating
NONE
Stories
2
Total area
5,664 SF
Lot
0.12 ac (5,400 SF)
Zoning code
C-1
APN
16 00157-0000-00017
UPID
US59-0188139
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C-1 · Perth Amboy, NJ
Zoning C-1 · permitted uses
C-1 · Perth Amboy, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perth Amboy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$905,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$905,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$760,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1905
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Pankaj Vedawala
Individual
Mailing address
2015 LINCOLN HWY, PERTH AMBOY, NJ
Ownership since
2023
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 20, 2023
—
Pankaj Vedawala
Glenntex INC
Deed
—
Jan 20, 2022
$850,000
Glenntex INC
New Bruns Investemnt LLC
Deed
—
Jul 1, 2019
$700,000
New Bruns Investment LLC
Minaya,antonio
Grant Deed
$400,000 · Antonio Minaya
Jul 28, 2008
—
Minaya,antonio
Minaya,rafael
Quit Claim 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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