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Property profile & analytics
OFF-MARKET
Estimated value
$340,000
Commercial real estate
3290 Us Hwy 22 Branchburg, NJ 08876-3432
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-1239359
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1963
Construction
FRAME
Total area
2,876 SF
Lot
1.1 ac (47,916 SF)
Zoning code
O
APN
05 00005-0000-00017
UPID
US59-1239359
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
by Request
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$340k
Owner & transaction history
3290 Route 22 LLC · 6 yrs held
3290 Route 22 LLC
since 2020
1 recorded transaction
Zoning & alternative use
O · Branchburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Bulk Requirements. § LDO3-20.4 Payment to Affordable Housing Trust Fund in Lieu of Construction of Low and Moderate Income Housing. § LDO3-20.5 Stormwater Management and Drainage. § LDO3-20.6 Other Standards. § LDO3-21 O OFFICE ZONE. § LDO3-21.1 Purpose. § LDO3-21.2 Permitted Uses. § LDO3-21.3 Area and Bulk Requirements. § LDO3-22 NONCONFORMING USES AND STRU…
Zone name
Office
General category
COMMERCIAL
Zone area
76.97 ac
Top alternative use upside
Office building
$595,000
+14.0%
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 Branchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Branchburg 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%
$805,000
6.5%
$745,000
7%
$690,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$520,000
Current use
OFFICE BUILDING
$595,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$340k
Range $306k – $374k · ±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
$118 / 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
$10,927
Tax year 2023
Assessed value
$618,000
Assessed 2024
Previous assessed
$618,000
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$330,000
Assessed improvement
$288,000
Land market value
$330,000
Improvement market value
$288,000
Total market value
$618,000
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1963
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
2,876 SF
Lot
1.1 ac (47,916 SF)
Zoning code
O
APN
05 00005-0000-00017
UPID
US59-1239359
Jurisdiction
SOMERSET
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
O · Branchburg, NJZoning O · permitted uses
O · Branchburg, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Bulk Requirements. § LDO3-20.4 Payment to Affordable Housing Trust Fund in Lieu of Construction of Low and Moderate Income Housing. § LDO3-20.5 Stormwater Management and Drainage. § LDO3-20.6 Other Standards. § LDO3-21 O OFFICE ZONE. § LDO3-21.1 Purpose. § LDO3-21.2 Permitted Uses. § LDO3-21.3 Area and Bulk Requirements. § LDO3-22 NONCONFORMING USES AND STRUCTURES. § LDO3-22.1 Continuance of Nonconforming Uses or Structures. § LDO3-22.2
Zone name
Office
General category
COMMERCIAL
Zone area
76.97 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$520,000
OFFICE BUILDING
Est. value
$595,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
3290 Route 22 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1625 STATE RTE 10, MORRIS PLAINS, NJ 07950-2905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2020
—
3290 Route 22 LLC
James M Weichert
Grant Deed
—
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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