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Property profile & analytics

35 Orlando Dr Raritan, NJ 08869

  • Industrial properties
  • 1.50 lot acres
Value Estimation
Location Intelligence
Property ID
US59-1238649
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • BnB Associates / Internet Cafe

Property Details for 35 Orlando Dr

Year built
1940
Construction
CONCRETE BLOCKS
Lot size
1.50 lot acres
Property type
Industrial properties
APN
16 00116- 02-00007
APU
16001160200007

Description

This exceptional commercial property located at 35 Orlando, Raritan, NJ, presents a significant opportunity for businesses seeking a modern and functional workspace. The freestanding building boasts a substantial 6,043 square feet of space, ideal for a variety of industrial or commercial uses. High ceilings throughout the building provide ample vertical space, maximizing storage and operational efficiency. The property also includes updated office spaces, offering a comfortable and professional environment for administrative tasks and client meetings. A key advantage is the generous parking provision, ensuring convenient access for employees and visitors alike. The property sits on a sizable 1.5-acre lot, providing ample room for expansion or outdoor storage, if needed. The asking price for this well-maintained and strategically located industrial building is $3,000,000. This represents a compelling investment opportunity in a thriving Raritan, NJ location. The property's combination of size, modern amenities, and convenient parking makes it an attractive option for businesses seeking to establish or expand their operations. Serious inquiries are encouraged to explore this exceptional property further.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $395,000
  • CAP approach

    CAP return
    Estimation
    6%
    $530,000
    6.5%
    $520,000
    7%
    $555,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $610,000
    Geo Method
    $510,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $500,000
    Retail
    $655,000
    Mixed-Use
    $630,000
    Hospitality
    $540,000
    Educational
    $520,000
    Residential Income
    $570,000
    Energy
    $570,000
    Income-Based Land
    $520,000
    Food Service
    $590,000

Location Insight

  • Map
  • Local Demand
City
Raritan
County
Somerset
State
New Jersey
Longitude
-74.6325
Latitude
40.5653
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$16,214
$247,500
$338,700
$586,200
-
$247,500
$338,700
$586,200
More about this property
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