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Property profile & analytics
FOR SALE
Commercial real estate
33 E State St, Trenton, NJ 08608
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1842160
For Sale
1 / 2
$250,000
33 E State St, Trenton, NJ 08608
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
TYPE NOT SPECIFIED
Total area
5,532 SF
Lot
0.08 ac (3,480 SF)
APN
11 00102-0000-00021
UPID
US59-1842160
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
-
Property Management & Construction County Government Office Real Estate
-
Development For Small Bus Division State Government Office
-
Division of Revenue and Enterprise Services State Government Office
-
NJ Dept Treasury - Apostilles Government Office
-
ApostilleX.com New Jersey Apostille Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Om Namo Bhagavate Vasudevaya Realty · 1 yrs held
Om Namo Bhagavate Vasudevaya Realty
since 2024
Last sale
$260,000
4 recorded transactions
Zoning & alternative use
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 Trenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trenton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,396
Tax year 2023
Assessed value
$258,600
Assessed 2024
Previous assessed
$258,600
+0.0% YoY
Effective rate
5.57%
On assessed value
Assessed land
$79,900
Assessed improvement
$178,700
Land market value
$79,900
Improvement market value
$178,700
Total market value
$258,600
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Sale
Year built
1950
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Units
1
Total area
5,532 SF
Lot
0.08 ac (3,480 SF)
APN
11 00102-0000-00021
UPID
US59-1842160
Jurisdiction
MERCER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Om Namo Bhagavate Vasudevaya Realty
Entity
Mailing address
106 HONEYSUCKLE DR, EWING, NJ 08638-1841
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2024
$260,000
Om Namo Bhagavate Vasudevaya Realty
31 33 E State St LLC
Deed
$100,000 · State St LLC
Feb 23, 2024
—
Tremen Limited Liability Company
—
Deed
related
$2,100,000 · Grand Bank NA
Jul 13, 2021
—
Jon Gul Enterprises LLC
Jon G Enterprises Pa
Deed
related
$385,871 · 1st Constitution Bank
Mar 9, 2006
$360,000
31-33 E State Street LLC
Richman,eta
Grant Deed
$250,000 · Independence Community 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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