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Property profile & analytics
FOR LEASE
Industrial properties
473 Ridge Rd, Dayton, NJ 08810
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1716959
For Lease
$27,155,000
473 Ridge Rd, Dayton, NJ 08810
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Total area
336,146 SF
Lot
26.46 ac (1,152,458 SF)
Zoning code
I-3
APN
21 00041-0000-00015- 062
UPID
US59-1716959
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
-
Freeze (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$27.16M
Owner & transaction history
473 Ridge Road Properties LLC · 1 yrs held
473 Ridge Road Properties LLC
since 2025
5 recorded transactions
Zoning & alternative use
I-3 · Dayton, 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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$81 / 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
$369,587
Tax year 2022
Assessed value
$7,314,200
Assessed 2023
Previous assessed
$7,314,200
+0.0% YoY
Effective rate
5.05%
On assessed value
Assessed land
$2,248,800
Assessed improvement
$5,065,400
Land market value
$2,248,800
Improvement market value
$5,065,400
Total market value
$7,314,200
Applied tax rate
21.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1980
Heating
NONE
Units
1
Total area
336,146 SF
Lot
26.46 ac (1,152,458 SF)
Zoning code
I-3
APN
21 00041-0000-00015- 062
UPID
US59-1716959
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
I-3 · Dayton, NJ
Zoning I-3 · permitted uses
I-3 · Dayton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dayton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
1
Lot
26.46 ac
Current owner
From public records · entity-resolved
473 Ridge Road Properties LLC
Entity
Mailing address
437 MADISON AVE FL, NEW YORK, NY 10022-7001
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
May 21, 2025
—
473 Ridge Road Properties LLC
473 Ridge Road Properties LLC
Deed
related
—
Jul 2, 2018
$25,000,000
473 Ridge Road Property LLC
473 Ridge Road LLC
Deed
$58,800,000 · Citi Real Estate Funding INC
Mar 10, 2017
—
473 Ridge Road LLC
—
Deed
related
$16,000,000 · Td Bk NA
Jan 24, 2007
$15,924,617
473 Ridge Road LLC
Mcmaster-carr Supply
Grant Deed
$14,000,000 · Miscellaneous Ins Co
—
—
473 Ridge Road LLC
—
Deed Of Trust
related
$16,000,000 · Td Bk NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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