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Property profile & analytics
OFF-MARKET
Estimated value
$4,995,000
Industrial properties
515-519 Rt 173 Bloomsbury, NJ 08804
Entity Owned
9-yr Hold
Free & Clear
Property ID
US59-1491544
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
39.52 ac (1,721,491 SF)
Zoning code
ROM
APN
07 00031-0000-00011- 02
UPID
US59-1491544
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Quva Pharma INC · 9 yrs held
Quva Pharma INC
since 2016
Last sale
$5.0M
4 recorded transactions
Zoning & alternative use
ROM · Bloomsbury, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ure - Residential District. § 270-159 R-2 Medium - Low Density Residential District. § 270-160 R-3 Medium Density Residential District. § 270-161 B-1 Business District. § 270-162 B-2 Highway Business District. § 270-163 ROM Research, Office and Manufacturing District. § 270-164 A-C Agriculture - Conservation District. § 270-165 PUD Planned Urban Development.…
Zone name
Research Office And Manufacturing District
General category
INDUSTRIAL
Zone area
110.15 ac
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 Bloomsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomsbury 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
—
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
$343,926
Tax year 2022
Assessed value
$9,900,000
Assessed 2023
Previous assessed
$9,900,000
+0.0% YoY
Effective rate
3.47%
On assessed value
Assessed land
$999,800
Assessed improvement
$8,900,200
Land market value
$999,800
Improvement market value
$8,900,200
Total market value
$9,900,000
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Heating
NONE
Units
1
Lot
39.52 ac (1,721,491 SF)
Zoning code
ROM
APN
07 00031-0000-00011- 02
UPID
US59-1491544
Jurisdiction
WARREN
Zoning & alternative use
ROM · Bloomsbury, NJZoning ROM · permitted uses
ROM · Bloomsbury, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ure - Residential District. § 270-159 R-2 Medium - Low Density Residential District. § 270-160 R-3 Medium Density Residential District. § 270-161 B-1 Business District. § 270-162 B-2 Highway Business District. § 270-163 ROM Research, Office and Manufacturing District. § 270-164 A-C Agriculture - Conservation District. § 270-165 PUD Planned Urban Development. § 270-166 Minimum requirements for dwellings; setback requirements; temporary livi
Zone name
Research Office And Manufacturing District
General category
INDUSTRIAL
Zone area
110.15 ac
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
39.52 ac
Current owner
From public records · entity-resolved
Quva Pharma INC
Entity
Free & Clear · 9 yrs held
Mailing address
1075 W PARK 1ST DR, SUGAR LAND, TX 77478-2576
Ownership since
2016
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
Oct 14, 2016
$4,500,000
Quva Pharma INC
Er Squibb & Sons LLC
Grant Deed
—
Jun 16, 2006
$17,000
Neil D Moorcroft
Medarex INC
Grant Deed
—
Dec 27, 2004
$1
Medarex INC
Medarex INC
Grant Deed
related
—
Oct 12, 2001
—
Medarex INC
Medarex INC
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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