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Property profile & analytics
OFF-MARKET
Estimated value
$310,000
Commercial real estate
3355 Us Hwy 22 Branchburg, NJ 08876-3433
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-0742910
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1966
Total area
1,305 SF
Lot
3.63 ac (158,166 SF)
Zoning code
I-1
APN
05 00009-0000-00011
UPID
US59-0742910
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
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$310k
Owner & transaction history
Summit Developers LLC · 2 yrs held
Summit Developers LLC
since 2024
Last sale
$311,850
7 recorded transactions
Zoning & alternative use
I-1 · Branchburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
I-1 INDUSTRIAL ZONE. § LDO3-18.1 Purpose. [Ord. No. 2008-1114 § 2; amended 3-27-2023 by Ord. No. 2023-1445 ] The purpose of the I-1 Industrial zone is to provide for a variety of industrial and manufacturing uses on three acre or larger lots and to protect the health, safety and welfare of the community by managing the location of extraordinarily hazardous s…
Zone name
Industrial 3 Acre
General category
INDUSTRIAL
Zone area
711.36 ac
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
$310,000
ML approach
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$310k
Range $279k – $341k · ±10% · vs last sale $312k (Apr 1 2024)
Last sale anchor
$312k
Apr 1 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
$238 / 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
$18,673
Tax year 2023
Assessed value
$998,000
Assessed 2024
Previous assessed
$998,000
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$923,000
Assessed improvement
$75,000
Land market value
$923,000
Improvement market value
$75,000
Total market value
$998,000
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
1966
Heating
NONE
Stories
1
Units
1
Total area
1,305 SF
Lot
3.63 ac (158,166 SF)
Zoning code
I-1
APN
05 00009-0000-00011
UPID
US59-0742910
Jurisdiction
SOMERSET
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Branchburg, NJZoning I-1 · permitted uses
I-1 · Branchburg, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
I-1 INDUSTRIAL ZONE. § LDO3-18.1 Purpose. [Ord. No. 2008-1114 § 2; amended 3-27-2023 by Ord. No. 2023-1445 ] The purpose of the I-1 Industrial zone is to provide for a variety of industrial and manufacturing uses on three acre or larger lots and to protect the health, safety and welfare of the community by managing the location of extraordinarily hazardous substance facilities.
Zone name
Industrial 3 Acre
General category
INDUSTRIAL
Zone area
711.36 ac
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Stories
1
Units
1
Lot
3.63 ac
Current owner
From public records · entity-resolved
Summit Developers LLC
Entity
Mailing address
929 RTE 22, RARITAN, NJ 08869
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2024
—
Summit Developers LLC
Summit Developers LLC
Intrafamily Transfer
related
—
Feb 23, 2024
$935,550
Summit Developers LLC
3355 Route 22 LLC
Deed
—
Feb 23, 2024
$311,850
Summit Developers LLC
3355 Route 22 LLC
Deed
—
Mar 25, 2004
$1,050,000
3355 Route 22 LLC
Halsted Charles E Trust
Grant Deed
$800,000 · Hilltop Community Bank
Mar 25, 2004
$800,000
Hilltop Community Bank
3355 Route 22 LLC
Grant Deed
related
—
—
—
3355 Route 22 LLC
—
Deed Of Trust
related
$850,000 · Peapack Gladstone Bank
—
—
3355 Route 22 LLC
—
Deed Of Trust
related
$850,000 · Skylands Community Bank
—
—
3355 Route 22 LLC
—
Deed Of Trust
related
$2,990,000 · Valley Nat'l Bk
—
—
3355 Route 22 LLC
—
Deed Of Trust
related
$94,323 · Hilltop 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.
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