Realmo Analytics

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Property profile

28 Worlds Fair Dr Somerset, NJ 08873

OFF-MARKET
Industrial properties
Property ID
US59-0038420
11,915 SF 4.52 ac lot
Last sale Jul 2006 · $480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$111k
Tax billed · 2022
Assessed value · 2023$5.44M
Assessed land$1.36M
Assessed improvement$4.08M
Effective rate2.04%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$765/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$156 – $1,680
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M2
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.7
Furniture Store8.5
Garden Center8.5

Location

28 Worlds Fair Dr Somerset, NJ 08873-1391
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
243 Belmont, Somerset, NJ 08873-1217 $2,500,000 Mar 2024 16,000 SF
411 Elizabeth, Somerset, NJ 08873-1292 $2,000,000 Jun 2023 9,280 SF
31 Schoolhouse, Somerset, NJ 08873-1212 $5,050,000 Jun 2023 12,000 SF
130 Belmont, Somerset, NJ 08873-1204 $3,350,000 Apr 2023 9,950 SF
100 Randolph, Somerset, NJ 08873-1384 $27,000,000 Jul 2022 8,926 SF
50 Jiffy, Somerset, NJ 08873-3438 $18,327,500 Jun 2022 12,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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