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Property profile & analytics
OFF-MARKET Estimated value $585,000
Commercial real estate

3 Albany St New Brunswick, NJ 08901

17 ac lot
Entity Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US59-2158244
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 17 ac (740,520 SF)
Zoning code O-1
APN 13 00036- 01-00001- 01
UPID US59-2158244
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
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k
Owner & transaction history
Nj Department Of Transportatio · 20 yrs held
Nj Department Of Transportatio
since 2006
1 recorded transaction
2006
$259,000
Zoning & alternative use
O-1 · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

O-1 General Office District. a. Intent. The intent and purpose of this district is to provide for the expansion and preserve the integrity of the large-scale office development uses. b. Principal Permitted Uses. i. Professional and general office buildings. ii. Research and development offices and laboratories. c. Permitted Accessory Uses. i. Parking decks a…

Zone name General Office
General category UNKNOWN
Zone area 38.94 ac
Source municipal code
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