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Property profile & analytics
OFF-MARKET
Estimated value
$2,105,000
Gas stations
2890 Us Hwy 1st 1 Lawrence Township, NJ 08648-2417
Entity Owned
4-yr Hold
Free & Clear
Property ID
US59-1315818
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1989
Construction
BRICK
Total area
1,104 SF
Lot
0.95 ac (41,250 SF)
Zoning code
HC
APN
07 03601-0000-00023
UPID
US59-1315818
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
$2.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.11M
Owner & transaction history
Karikan Lawrenceville Owner LLC · 4 yrs held
Karikan Lawrenceville Owner LLC
since 2021
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
HC · Lawrence Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lawrence Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence Township 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
$2,245,000
ML approach
$2,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.11M
Range $1.89M – $2.32M · ±10% · vs last sale $2.00M (Dec 27 2021)
Last sale anchor
$2.00M
Dec 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
$1,907 / 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
$35,599
Tax year 2022
Assessed value
$1,194,200
Assessed 2023
Previous assessed
$1,194,200
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$686,300
Assessed improvement
$507,900
Land market value
$686,300
Improvement market value
$507,900
Total market value
$1,194,200
Applied tax rate
7.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Total area
1,104 SF
Lot
0.95 ac (41,250 SF)
Zoning code
HC
APN
07 03601-0000-00023
UPID
US59-1315818
Jurisdiction
MERCER
Zoning & alternative use
HC · Lawrence Township, NJ
Zoning HC · permitted uses
HC · Lawrence Township, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lawrence Township. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Karikan Lawrenceville Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
544 47TH AVE, LONG ISLAND CITY, NY 11101-5415
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
$2,000,000
Karikan Lawrenceville Owner LLC
Hb Lawrenceville Nj LLC
Deed
—
Sep 19, 2011
$1,245,509
Hb Lawrenceville Nj LLC
2890 Brunswick Pike Lawrencevi
Grant Deed
—
Jan 11, 2011
—
2890 Brunswick Pike Lawrencevi
—
Deed Of Trust
related
$175,000,000 · Key Bank NA
Jul 9, 2008
—
2890 Brunswick Pike Lawrencevi
—
Deed Of Trust
related
$145,000 · Bank Of America
Mar 16, 2005
$1
2890 Brunswick Pike Lawrencevi
Exxon Mobil Corp
Grant Deed
$75,000,000 · Silver Point Financial LLC
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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