Entity Owned Property summary
AI-generated overview
The property is a two-building office park totaling approximately 600,000 square feet on 20.39 acres. It is configured as a multi-amenity office campus with institutional-grade construction and landscaped grounds, and it includes common-area features such as attended lobbies and covered parking, along with building services and operational systems including an energy management system. On-site amenities include a full-service cafeteria and café, a fitness center, and a conference center, with security personnel, on-site property management, and a helipad. The site is immediately adjacent to nearby hospitality and retail/recreation uses, including a Marriott hotel and the Bridgewater Commons Lifestyle Center and Mall, as well as Lifetime Fitness and an AC Hotel. It has access to major roadways including I-287, I-78, and Routes 22 and 206. The buildings are Energy Star rated and are associated with BOMA awards, including BOMA NJ Building of the Year, BOMA 360, and TOBY recognition for a suburban office park (Mid-Rise).
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
9.91 ac (431,680 SF)
Zoning code
C2
APN
06 00552-0000-00004- 02
UPID
US59-3030405
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Engineering Consultant Architecture Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$67.57M
Owner & transaction history
since 2022
Last sale
$64.3M
5 recorded transactions
Zoning & alternative use
C2 · Bridgewater, NJ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$67.57M
Value range
$60.81M – $74.32M
±10% around blend
Confidence
Property data
63
Market benchmarks
33
Comparable evidence
60
$60.81M
blend $67.57M
$74.32M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
9.91 ac
APN
06 00552-0000-00004- 02
Zoning
C2
Assessed value
$39,346,000
Annual tax
$807,773
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$67.57M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 25 sales
$206
N/A
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$64.25M
Move the market yield to see immediate price impact.
Value / SF
N/A
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$4.05M
$80.96M
$57.82M
$44.98M
$4.50M
$89.95M
$64.25M
$49.97M
$4.95M
$98.95M
$70.68M
$54.97M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$807,773
Tax year 2022
Assessed value
$39,346,000
Assessed 2023
Previous assessed
$39,346,000
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$945,000
Assessed improvement
$38,401,000
Land market value
$945,000
Improvement market value
$38,401,000
Total market value
$39,346,000
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
9.91 ac (431,680 SF)
Zoning code
C2
APN
06 00552-0000-00004- 02
UPID
US59-3030405
Jurisdiction
SOMERSET
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C2 · Bridgewater, NJZoning C2 · permitted uses
C2 · Bridgewater, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Heating
NONE
Lot
9.91 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Bridgewater, NJ
Recorded code
C2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Bridgewater, NJ.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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