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Property profile & analytics
OFF-MARKET
Residential income homes
42 Main St, Clinton, NJ 08809-1287
Entity Owned
6-yr Hold
Property ID
US59-2587190
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1880
Construction
FRAME
Total area
2,924 SF
Lot
0.57 ac (24,960 SF)
Zoning code
R-3
APN
05 00006-0000-00012
UPID
US59-2587190
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
-
Charles Most, PsyD Physician Medical Clinic
-
Divorce With Dignity Mediation Mediation Service
-
The Genusys Group, Inc. Computer & Electronic Repair
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Genusys Digital Forensics Law Firm
-
Dr. Laura Segal, PsyD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Band I Property Management LLC · 6 yrs held
Band I Property Management LLC
since 2019
7 recorded transactions
Zoning & alternative use
R-3 · Clinton, 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 Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$15,774
Tax year 2022
Assessed value
$488,800
Assessed 2023
Previous assessed
$488,800
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$108,500
Assessed improvement
$380,300
Land market value
$108,500
Improvement market value
$380,300
Total market value
$488,800
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1880
Construction
FRAME
Heating
NONE
Stories
2
Units
4
Total area
2,924 SF
Lot
0.57 ac (24,960 SF)
Zoning code
R-3
APN
05 00006-0000-00012
UPID
US59-2587190
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Clinton, NJ
Zoning R-3 · permitted uses
R-3 · Clinton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clinton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Construction
FRAME
Heating
NONE
Stories
2
Units
4
Lot
0.57 ac
Current owner
From public records · entity-resolved
Band I Property Management LLC
Entity
Mailing address
1202 TILTON RD #1, NORTHFIELD, NJ 08225-1809
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2019
—
Band I Property Management LLC
Bandi Property Group LLC
Quit Claim Deed
$1,485,000 · Lendingone
Jun 14, 2018
$130,000
Bandi Property Group LLC
Fannie Mae
Grant Deed
—
Jan 18, 2018
—
Federal Natl Mtg Assn
Sheriff Of Hunterdon County|luongo,angela
Trustees Deed
related
—
Jul 14, 2016
—
42 Main Street LLC
—
Deed
related
$1,350,000 · First Bk
—
—
Angela Luongo
—
Deed Of Trust
related
$313,000 · Champion Mortgage Co INC
—
—
Angela Luongo
—
Deed Of Trust
related
$30,000 · Champion Mortgage Co INC
—
—
Angela Lounga
—
Deed Of Trust
related
$544,185 · United Northern Mtg Bankers
—
—
Angela Luongo
—
Deed Of Trust
related
$333,000 · Champion Mortgage Co INC
—
—
Angela Luongo
—
Deed Of Trust
related
$215,000 · Precision Financial INC
—
—
Bandi Property Group LLC
—
Deed Of Trust
related
$200,000 · Drs Luke & Amy Austin
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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