Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    51 Old Camplain Rd Hillsborough, NJ 08844-4227

    • Industrial properties
    • 10,000 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimations
    $1,580,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-0435477
    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

    • Industrial properties

    Property Details for 51 Old Camplain Rd

    Year built
    1982
    Lot size
    1.01 lot acres
    Property size
    10,000 SF
    Zone code
    I1
    Property type
    Industrial properties
    APN
    10 00066-0000-00001- 01
    APU
    100006600000000101

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,870,000
      6.5%
      $1,725,000
      7%
      $1,605,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsborough
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.616
    Latitude
    40.5357
    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
    $15,071
    $176,800
    $523,200
    $700,000
    -
    $176,800
    $523,200
    $700,000

    Comparable in this City

    • Value Estimation by Request
      6.59 Acres

      282 Sunnymead Rd

      INDUSTRIAL (GENERAL) • 6.59 Acres
      282 Sunnymead Rd, Hillsborough, NJ 08844
      View Details
    • Value Estimation by Request
      6.79 Acres

      132 Stryker Ln

      INDUSTRIAL (GENERAL) • 6.79 Acres
      132 Stryker Ln, Hillsborough, NJ 08844-1937
      View Details
    • Value Estimation by Request
      4.96 Acres

      115 Stryker Ln

      INDUSTRIAL (GENERAL) • 4.96 Acres
      115 Stryker Ln, Hillsborough, NJ 08844-1910
      View Details
    • Value Estimation
      $9,165,000
      57,096 SF

      170 Township Line Rd

      INDUSTRIAL (GENERAL) • 57,096 SF
      170 Township Line Rd, Hillsborough, NJ 08844-3867
      View Details
    • Value Estimation
      $14,400,000
      138,244 SF

      95 Hamilton Rd

      INDUSTRIAL (GENERAL) • 138,244 SF
      95 Hamilton Rd, Hillsborough, NJ 08844-4671
      View Details
    • Value Estimation
      $6,655,000
      53,120 SF

      239 Homestead Rd

      INDUSTRIAL (GENERAL) • 53,120 SF
      239 Homestead Rd, Hillsborough, NJ 08844-1913
      View Details

    Similar Nearby for Sale

    • $299,900
      1.37 Acres

      Hillsborough Industrial Land - $299,900

      1.37-Acre Industrial Lot, Utilities Available
      73 Weston Rd, Hillsborough Township, NJ 08844
      View Details
    • $499,800
      Pending

      Hillsborough Industrial Condo For Sale

      2,350 SF industrial condo with office space for sale.
      14 Ilene Ct, Hillsborough, NJ 08844
      View Details
    • Contact for pricing
      13,200 SF

      Hillsborough Warehouse on US Highway

      13,200 SF warehouse property for sale in Hillsborough, NJ.
      170 Us Highway 206, Hillsborough, NJ 08844
      View Details
    • Contact for pricing
      2,200 SF

      Hillsborough Twp. Office Space

      2200 sqft office space with 10 rooms, available 2025.
      856 Us Highway 206, Hillsborough, NJ 08844
      View Details
    • $243,000
      1,280 SF

      Hillsborough Medical Office - $243K

      Turn-key medical office, 1280 sq ft, NJ.
      0 243000, Hillsborough Township, NJ 08844
      View Details
    • Contact for pricing
      3,808 SF

      Millstone Boro Investment Opportunity

      Investment property in Millstone Boro with owner financing available.
      1370 Millstone River Rd, Hillsborough, NJ 08844
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      596,315 SF

      Hillsborough Industrial Spaces

      NJ Flex Space, Warehouse, Manufacturing
      0 Stryker Ln, Hillsborough Township, NJ 08844
      View Details
    • $18 SF/Yr
      4,152 SF

      Carriage Farm: Versatile Industrial Space

      Multiple spaces, 88-2,197 sq ft. Ideal for various uses.
      2 Clerico Ln, Hillsborough Township, NJ 08844
      View Details
    • Contact for pricing
      10,000 SF

      Hillsborough Maintenance Facility with Acreage

      Maintenance facility with ample parking and convenient highway access.
      25 Old Camplain Rd, Hillsborough, NJ 08844
      View Details
    • $1,000 /Mo
      103,237 SF

      Hillsborough Office Space Available

      863 sq ft office space for small teams.
      349 Us Hwy 206, Hillsborough, NJ 08844
      View Details
    • $4,500 /Mo

      Renovated Commercial Space on Route 206

      Versatile, renovated commercial space suitable for office, educational, or service use.
      170 Township Line Rd, Hillsborough, NJ 08844
      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.
    51 Old Camplain Rd
    Hillsborough, NJ 08844-4227
    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.
    Sign Up Successful!
    You now have access to more from Realmo!