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Property profile & analytics
OFF-MARKET
Estimated value
$4,900,000
Commercial real estate
400 State Rte 18, East Brunswick, NJ 08816-2303
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0348294
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Total area
19,934 SF
Lot
3.34 ac (145,490 SF)
Zoning code
HC2
APN
04 00055- 01-00001- 01
UPID
US59-0348294
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
$5.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.06M
Blend (final)
Blend
$4.90M
Owner & transaction history
Sd Mcd West Ferris Realty LLC · 1 yrs held
Sd Mcd West Ferris Realty LLC
since 2025
Last sale
$4.6M
6 recorded transactions
Zoning & alternative use
HC2 · East Brunswick, NJ
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 East Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Brunswick 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
$5,140,000
ML approach
$5,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,540,000
Current use
OFFICE BUILDING
$5,525,000
Change: 0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,910,000
Change: -11% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,440,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$4.90M
Range $4.41M – $5.39M · ±10% · vs last sale $4.60M (Mar 18 2025)
Last sale anchor
$4.60M
Mar 18 2025
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
$246 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$138,631
Tax year 2022
Assessed value
$1,191,500
Assessed 2023
Previous assessed
$1,191,500
+0.0% YoY
Effective rate
11.63%
On assessed value
Assessed land
$397,600
Assessed improvement
$793,900
Land market value
$397,600
Improvement market value
$793,900
Total market value
$1,191,500
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1970
Heating
NONE
Units
1
Total area
19,934 SF
Lot
3.34 ac (145,490 SF)
Zoning code
HC2
APN
04 00055- 01-00001- 01
UPID
US59-0348294
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
HC2 · East Brunswick, NJ
Zoning HC2 · permitted uses
HC2 · East Brunswick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Brunswick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1970
Heating
NONE
Units
1
Lot
3.34 ac
Current owner
From public records · entity-resolved
Sd Mcd West Ferris Realty LLC
Entity
Mailing address
400 STATE RTE 18TH #402, EAST BRUNSWICK, NJ 08816-2303
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
—
Sd Mcd West Ferris Realty LLC
Sd Mcd East Brunswick Realty 407 Ll
Deed
related
—
Oct 6, 2016
—
County Of Middlesex
Sd-mcd West Ferris Rlty LLC
Grant Deed
related
—
Oct 19, 2011
$4,600,000
Sd-mcd East Brunswick Realty
Mcdonagh Realty LLC
Grant Deed
$4,750,000 · Ally Bank
Jan 9, 2008
—
Mcdonagh Realty LLC
—
Trustees Deed
related
$3,200,000 · Daimler Chrysler Svcs/n Americ
Jul 22, 2005
—
Mcdonagh Realty LLC
—
Trustees Deed
related
$5,250,000 · Commerce Bk
Feb 23, 2005
$1
Mcdonagh Realty LLC
Mcdonagh Realty LLC
Grant Deed
related
—
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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