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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Commercial real estate
42 Main St Marlboro, NJ 07746-1428
Entity Owned
~
Est. High Equity
Property ID
US59-0116247
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Construction
CONCRETE BLOCKS
Total area
8,630 SF
Lot
3.13 ac (136,343 SF)
Zoning code
C-1
APN
30 00213- 01-00045
UPID
US59-0116247
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
by Request
CAP Approach
CAP
$1.79M
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.10M
Owner & transaction history
42 N Main St Marlboro LLC
42 N Main St Marlboro LLC
since 2025
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
C-1 · Marlboro, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.3M
+1.9%
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 Marlboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marlboro 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,940,000
6.5%
$1,790,000
7%
$1,665,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,240,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,280,000
Change: +2% · Conversion: Moderate
OFFICE BUILDING
$2,130,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.18M (Jul 3 2025)
Last sale anchor
$2.18M
Jul 3 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
$243 / 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
$33,605
Tax year 2022
Assessed value
$1,430,000
Assessed 2023
Previous assessed
$1,430,000
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$782,500
Assessed improvement
$647,500
Land market value
$782,500
Improvement market value
$647,500
Total market value
$1,430,000
Applied tax rate
30.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2000
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
1
Stories
1
Total area
8,630 SF
Lot
3.13 ac (136,343 SF)
Zoning code
C-1
APN
30 00213- 01-00045
UPID
US59-0116247
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C-1 · Marlboro, NJZoning C-1 · permitted uses
C-1 · Marlboro, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2000
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Buildings
1
Lot
3.13 ac
Current owner
From public records · entity-resolved
42 N Main St Marlboro LLC
Entity
Mailing address
42 N MAIN ST, MARLBORO, NJ 07746-1428
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
$2,175,000
42 N Main St Marlboro LLC
J Lloyd Enterprises LLC
Deed
$1,094,125 · Magyar Bank
—
—
William Mcdonagh
—
Deed Of Trust
related
$700,000 · Commerce Bk/ctrl NA
—
—
William Mcdonagh
—
Deed Of Trust
related
$700,000 · Commerce Bk/ctrl NA
—
—
William Mcdonagh
—
Deed Of Trust
related
$750,000 · Sovereign Svgs Bk
—
—
William Mcdonagh
—
Deed Of Trust
related
$1,500,000 · Commerce Bk/or
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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