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Property profile & analytics
OFF-MARKET
Medical Office Space
53 Main St Franklin, NJ 07416-1422
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US59-0987125
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1910
Total area
1,604 SF
Lot
0.24 ac (10,629 SF)
Zoning code
B-1
APN
06 00905-0000-00015
UPID
US59-0987125
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
by Request
Owner & transaction history
Bad LLC · 11 yrs held
Bad LLC
since 2015
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
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
$6,293
Tax year 2022
Assessed value
$249,900
Assessed 2023
Previous assessed
$249,900
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$93,300
Assessed improvement
$156,600
Land market value
$93,300
Improvement market value
$156,600
Total market value
$249,900
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1910
Heating
NONE
Stories
1
Total area
1,604 SF
Lot
0.24 ac (10,629 SF)
Zoning code
B-1
APN
06 00905-0000-00015
UPID
US59-0987125
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
1910
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Bad LLC
Entity
Mailing address
53 MAIN ST, FRANKLIN, NJ 07416-1422
Ownership since
2015
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
Dec 21, 2016
—
Bad LLC
—
Deed
related
$77,000 · Sussex Bk
Jul 17, 2015
$65,000
Bad LLC
Scott,richard
Grant Deed
$58,500 · Richard Scott
—
—
Julia Van Dillen
—
Deed Of Trust
related
$132,000 · Clifton Savings & Loan Assn
—
—
Bad LLC
—
Deed Of Trust
related
$77,000 · Sussex Bk
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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