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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Commercial real estate
304 Frnt St Belvidere, NJ 07823-1524
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-0148093
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1888
Construction
FRAME
Total area
5,073 SF
Lot
0.05 ac (2,378 SF)
Zoning code
B
APN
03 00016-0000-00002
UPID
US59-0148093
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$498k
Blend (final)
Blend
$550k
Owner & transaction history
304 Front St LLC · 2 yrs held
304 Front St LLC
since 2024
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
B · Belvidere, 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 Belvidere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belvidere 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
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Jan 12 2024)
Last sale anchor
$550k
Jan 12 2024
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
$108 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,157
Tax year 2023
Assessed value
$330,000
Assessed 2024
Previous assessed
$330,000
+0.0% YoY
Effective rate
3.08%
On assessed value
Assessed land
$75,000
Assessed improvement
$255,000
Land market value
$75,000
Improvement market value
$255,000
Total market value
$330,000
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1888
Construction
FRAME
Heating
NONE
Stories
3
Units
1
Total area
5,073 SF
Lot
0.05 ac (2,378 SF)
Zoning code
B
APN
03 00016-0000-00002
UPID
US59-0148093
Jurisdiction
WARREN
Zoning & alternative use
B · Belvidere, NJ
Zoning B · permitted uses
B · Belvidere, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belvidere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1888
Construction
FRAME
Heating
NONE
Stories
3
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
304 Front St LLC
Entity
Mailing address
304 FRNT ST, BELVIDERE, NJ 07823-1524
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jan 12, 2024
$550,000
304 Front St LLC
Thomas Cullen
Deed
$405,000 · Manasquan Bank
Sep 19, 2005
$450,000
Thomas Cullen
Northwest Associates LLC
Grant Deed
$250,000 · Lakeland Bank
Jan 13, 2004
—
Northwest Associates LLC
Westview Developers LLC
Quit Claim Deed
related
—
Apr 7, 2003
$190,000
Westview Developers LLC
Old Belle Apartments LLC
Grant Deed
$56,639 · Barbara A Cook
—
—
Westview Developers LLC
—
Deed Of Trust
related
$250,000 · Lakeland Bank
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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