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Property profile & analytics
OFF-MARKET
Estimated value
$165,000
Office buildings
49 Main St Franklin, NJ 07416-1422
Entity Owned
4-yr Hold
Free & Clear
Property ID
US59-0082840
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Total area
2,847 SF
Lot
0.08 ac (3,485 SF)
Zoning code
B-1
APN
06 00905-0000-00018
UPID
US59-0082840
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
$175k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$165k
Owner & transaction history
1040 Tax Service INC · 4 yrs held
1040 Tax Service INC
since 2022
Last sale
$163,000
4 recorded transactions
Zoning & alternative use
B-1 · Franklin, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote Main Street Retail
Zone name
Main Street Retail
General category
COMMERCIAL
Zone area
14.57 ac
Source
Realmo
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$165,000
ML approach
$175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$165k
Range $149k – $182k · ±10% · vs last sale $163k (Feb 8 2022)
Last sale anchor
$163k
Feb 8 2022
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
$58 / 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
$6,297
Tax year 2022
Assessed value
$249,600
Assessed 2023
Previous assessed
$249,600
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$81,000
Assessed improvement
$168,600
Land market value
$81,000
Improvement market value
$168,600
Total market value
$249,600
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Heating
NONE
Stories
2
Units
1
Total area
2,847 SF
Lot
0.08 ac (3,485 SF)
Zoning code
B-1
APN
06 00905-0000-00018
UPID
US59-0082840
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Franklin, NJZoning B-1 · permitted uses
B-1 · Franklin, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote Main Street Retail
Zone name
Main Street Retail
General category
COMMERCIAL
Zone area
14.57 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
2
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
1040 Tax Service INC
Entity
Free & Clear · 4 yrs held
Mailing address
128 SPARTA AVE, NEWTON, NJ 07860-2615
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2022
$163,000
1040 Tax Service INC
Aaa & Sons LLC
Deed
—
Jul 8, 2014
$40,000
Aaa & Sons LLC
Nbsc Holdings INC
Grant Deed
—
Feb 12, 2013
—
Nbsc Holdings INC
Sheriff Of Sussex County
Trustees Deed
related
—
Aug 14, 2003
$185,000
Mining Town Properties LLC
Koch,paul F & Helen C
Grant Deed
$18,500 · Lakeland Bank
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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