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Property profile & analytics
FOR LEASE
Industrial properties
390 New Albany Rd Moorestown, NJ 08057
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-3205341
For Lease
$5,125,000
390 New Albany Rd, Moorestown, NJ 08057
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1960
Lot
7.91 ac (344,560 SF)
APN
22 01500-0000-00001
UPID
US59-3205341
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
-
Tubedec Industrial Manufacturer Production Facility
-
Socially Savvy Advertising Agency Marketing & Advertising
-
CCL Tube Industrial Manufacturer Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.13M
Owner & transaction history
Frg X Nj1 LP · 4 yrs held
Frg X Nj1 LP
since 2021
Last sale
$4.3M
7 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 Moorestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorestown 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
$6,140,000
ML approach
$5,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.13M
Range $4.61M – $5.64M · ±10% · vs last sale $4.30M (Nov 3 2021)
Last sale anchor
$4.30M
Nov 3 2021
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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$57,679
Tax year 2022
Assessed value
$2,118,200
Assessed 2023
Previous assessed
$2,118,200
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$782,400
Assessed improvement
$1,335,800
Land market value
$782,400
Improvement market value
$1,335,800
Total market value
$2,118,200
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
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1960
Heating
NONE
Stories
1
Lot
7.91 ac (344,560 SF)
APN
22 01500-0000-00001
UPID
US59-3205341
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
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
1960
Heating
NONE
Stories
1
Lot
7.91 ac
Current owner
From public records · entity-resolved
Frg X Nj1 LP
Entity
Mailing address
310 SAW ML LN APT 8A, HORSHAM, PA 19044-1917
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
$4,300,000
Frg X Nj1 LP
Ccl Label INC
Bargain And Sale Deed
—
Feb 25, 2021
—
Ccl Label INC
390 New Albany Road Associates LLC
Correction Deed
related
—
Jan 6, 2021
—
Avery Products Corp
390 New Albany Road Associates
Quit Claim Deed
related
—
Aug 18, 2005
—
390 New Albany Road Associates
—
Deed Of Trust
related
$13,000,000 · Sovereign Bank
Jun 29, 2004
$1,700,000
390 New Albany Road Assocs LLC
Sonoco Products
Grant Deed
—
—
—
390 New Albany Road Associates
—
Deed Of Trust
related
$2,000,000 · Sovereign Bank
—
—
390 New Albany Road Associates
—
Deed Of Trust
related
$3,000,000 · Beneficial Mutual Savings
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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