Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    444 Un Ave Middlesex, NJ 08846-1927

    • Banks
    • 4,800 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimations
    $475,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-1125935
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wells Fargo Bank / Bank / Atm
    • Wells Fargo ATM / Atm
    • Wells Fargo Advisors / Investment Service
    • ATM (Wells Fargo Bank) / Atm

    Property Details for 444 Un Ave

    Year built
    1920
    Lot size
    1.60 lot acres
    Property size
    4,800 SF
    Zone code
    GB
    Property type
    Banks
    APN
    10 00173-0000-00003
    APU
    1000173000000003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $460,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $680,000
      Market price range: $276k - $680k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Middlesex
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.511
    Latitude
    40.5717
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,723
    $900,000
    $540,000
    $1,440,000
    -
    $900,000
    $540,000
    $1,440,000

    Comparable in this City

    • Value Estimation
      $405,000
      1,870 SF

      1305 Bound Brk Rd

      FINANCIAL BUILDING • 1,870 SF
      1305 Bound Brk Rd, Middlesex, NJ 08846-1972
      View Details
    • Value Estimation
      $405,000
      2,183 SF

      1230 Bound Brk Rd

      FINANCIAL BUILDING • 2,183 SF
      1230 Bound Brk Rd, Middlesex, NJ 08846-1432
      View Details
    • Value Estimation
      $395,000
      2,365 SF

      1285 Bound Brk Rd

      FINANCIAL BUILDING • 2,365 SF
      1285 Bound Brk Rd, Middlesex, NJ 08846-1437
      View Details
    • Value Estimation
      $350,000
      2,856 SF

      101 Lincoln Blvd

      CONVENIENCE STORE • 2,856 SF
      101 Lincoln Blvd, Middlesex, NJ 08846-1045
      View Details
    • Value Estimation
      $365,000
      1,287 SF

      145 Riv Rd

      SERVICE STATION (FULL SERVICE) • 1,287 SF
      145 Riv Rd, Middlesex, NJ 08846-1051
      View Details
    • Value Estimation
      $350,000
      874 SF

      189 Lincoln Ave

      NURSERY, GREENHOUSE, FLORIST • 874 SF
      189 Lincoln Ave, Middlesex, NJ 08846-2268
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,800 SF

      Middlesex Office/Retail Opportunity

      Well-maintained office/retail building in high-traffic Middlesex location.
      138 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • Contact for pricing
      0.26 Acres

      Middlesex, NJ Commercial Space for Lease

      Brand-new mixed-use space, ideal for retail or office.
      Lincoln Blvd, Middlesex, NJ 08846
      View Details
    • $1,117,000
      6,375 SF

      Industrial/Office Building with Recent Upgrades

      Well-maintained industrial/office building with loading areas, offices, and dedicated parking.
      207 Blackford Ave, Middlesex, NJ 08846
      View Details
    • $3,830,000
      14,730 SF

      Modern Wellness Center For Sale

      14,000 SF wellness center with high-end finishes on 6 acres.
      15-17 E Railroad Ave, Middlesex, NJ 08846
      View Details
    • Contact for pricing
      0.26 Acres

      Lincoln Blvd, Middlesex, NJ 08846

      Commercial real estate • 0.26 Acres
      Lincoln Blvd, Middlesex, NJ 08846
      View Details
    • Contact for pricing
      54,000 SF

      Middlesex Warehouse with Crane Capacity

      54,000 SF warehouse with cranes and convenient highway access.
      897 South Ave, Middlesex, NJ 08846
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,429 SF

      Retail Space in Community Center

      Retail space available in community center with high-traffic location.
      125 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • $12 SF/Yr
      86,816 SF

      Middlesex Executive Office Space

      Prime Office Suite, 1,016 SF Available
      400 South Ave, Middlesex, NJ 08846
      View Details
    • $16 SF/Yr

      Office Suites Available For Rent

      Office suites available with reception, private offices, and conference area.
      1273 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • $13 SF/Yr

      Stand Alone Building Office Suites

      Two office suites available in a stand alone building.
      1251 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • Contact for pricing
      6,600 SF

      Spacious Warehouse Near I-287

      6,600 SF warehouse with high ceilings and ample space.
      166 Baekeland Ave, Middlesex, NJ 08846
      View Details
    • $13 SF/Yr
      1,600 SF

      Union Avenue Office Condo

      1600 SF Office, 18 Parking Spaces
      495 Union Ave, Middlesex, NJ 08846
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    444 Un Ave
    Middlesex, NJ 08846-1927
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.