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Property profile & analytics
OFF-MARKET
Industrial properties
28-34 8th St 34 Frenchtown, NJ 08825-1102
Entity Owned
5-yr Hold
Property ID
US59-1931843
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE BLOCKS
Lot
0.62 ac (27,007 SF)
Zoning code
R-2
APN
11 00012-0000-00005
UPID
US59-1931843
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
Milford Investments LLC · 5 yrs held
Milford Investments LLC
since 2021
Last sale
$295,000
4 recorded transactions
Zoning & alternative use
R-2 · Frenchtown, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
nvironmental performance standards. § 50-309 Conditional uses. § 50-310 Steep slope development. § 50-311 Tree removal and replacement. Article IV District Regulations § 50-401 R-1 Low-Density Residential Zone. § 50-402 R-2 Medium-Density Residential Zone. § 50-403 R-3 Multifamily Residential Zone. § 50-404 R-4A Central Commercial Zone. § 50-405 R-4B Transit…
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
64.64 ac
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 Frenchtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frenchtown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,924
Tax year 2022
Assessed value
$135,800
Assessed 2023
Previous assessed
$135,800
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$135,800
Land market value
$135,800
Total market value
$135,800
Applied tax rate
11.0000
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
Units
1
Lot
0.62 ac (27,007 SF)
Zoning code
R-2
APN
11 00012-0000-00005
UPID
US59-1931843
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-2 · Frenchtown, NJZoning R-2 · permitted uses
R-2 · Frenchtown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
nvironmental performance standards. § 50-309 Conditional uses. § 50-310 Steep slope development. § 50-311 Tree removal and replacement. Article IV District Regulations § 50-401 R-1 Low-Density Residential Zone. § 50-402 R-2 Medium-Density Residential Zone. § 50-403 R-3 Multifamily Residential Zone. § 50-404 R-4A Central Commercial Zone. § 50-405 R-4B Transitional Commercial Zone. § 50-406 R-4C Satellite Commercial Zone. § 50-407 R-5 Low-Im
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
64.64 ac
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Milford Investments LLC
Entity
Mailing address
28 8TH ST #34, FRENCHTOWN, NJ 08825-1102
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
Apr 21, 2021
$295,000
Milford Investments LLC
8th Street Associates LLC
Deed
—
Feb 6, 2019
—
8th Street Associates LLC
—
Trustees Deed
related
$705,000 · Unity Bk
Aug 15, 2017
$112,500
8th Street Associates LLC
Abel,joseph T
Grant Deed
—
Mar 18, 2005
$175,000
Joseph T Abel
Sinclair,william & Florence B
Grant Deed
—
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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