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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Commercial real estate
307 Lincoln Ave Washington, NJ 07882-4074
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1540280
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
7,500 SF
Lot
6.05 ac (263,538 SF)
Zoning code
HC
APN
22 00066-0000-00020- 02
UPID
US59-1540280
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
Current use
Occupant on record · Public records
-
Prime Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.67M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.42M
Owner & transaction history
Prime Storage Washington LLC · 8 yrs held
Prime Storage Washington LLC
since 2017
7 recorded transactions
Zoning & alternative use
HC · Washington, 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 Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,810,000
6.5%
$1,670,000
7%
$1,550,000
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10%
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
$189 / 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
$82,140
Tax year 2023
Assessed value
$2,036,200
Assessed 2024
Previous assessed
$2,036,200
+0.0% YoY
Effective rate
4.03%
On assessed value
Assessed land
$372,500
Assessed improvement
$1,663,700
Land market value
$372,500
Improvement market value
$1,663,700
Total market value
$2,036,200
Applied tax rate
22.0000
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
Heating
NONE
Units
1
Total area
7,500 SF
Lot
6.05 ac (263,538 SF)
Zoning code
HC
APN
22 00066-0000-00020- 02
UPID
US59-1540280
Jurisdiction
WARREN
Zoning & alternative use
HC · Washington, NJ
Zoning HC · permitted uses
HC · Washington, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
6.05 ac
Current owner
From public records · entity-resolved
Prime Storage Washington LLC
Entity
Mailing address
83 RAILROAD PL #85, SARATOGA SPRINGS, NY 12866-2124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
—
Prime Storage Washington LLC
—
Deed
related
$1,180,000 · Citi Real Estate Funding INC
Oct 1, 2019
—
Prime Storage Washington LLC
—
Deed
related
$70,000,000 · Rialto Mtg Fin
Oct 25, 2017
—
Prime Storage Washington LLC
—
Grant Deed
related
$48,000,000 · Arbor Realty SR
Sep 25, 2017
$9,398,952
Prime Storage Washington LLC
Washinton Storae LLC
Grant Deed
related
$48,000,000 · Rialto Mtg Fin
Nov 17, 2005
$1
Washington Realty LLC
Washington Storage LLC
Grant Deed
—
—
—
Washington Storage LLC
—
Deed Of Trust
related
$4,450,000 · C-iii Com'l Mtg
—
—
Prime Storage Washington LLC
—
Deed Of Trust
related
$70,000,000 · Rialto Mtg Fin
—
—
Washington Storage Of Nj LLC
—
Deed Of Trust
related
$3,900,000 · Wells Fargo Bank NA Wells Fargo Bank NA
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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