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Property profile & analytics
OFF-MARKET
Estimated value
$3,485,000
Commercial real estate
54 Main St Clinton, NJ 08809-1268
Entity Owned
4-yr Hold
Free & Clear
Property ID
US59-0913793
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1997
Total area
16,984 SF
Lot
1.97 ac (85,813 SF)
Zoning code
C-4
APN
05 00022-0000-00020
UPID
US59-0913793
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
$3.30M
CAP Approach
CAP
$2.77M
Comparable Approach
Comparable
$4.51M
Blend (final)
Blend
$3.49M
Owner & transaction history
J&c Ventures 2021 LLC · 4 yrs held
J&c Ventures 2021 LLC
since 2021
Last sale
$3.6M
3 recorded transactions
Zoning & alternative use
C-4 · Clinton, 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 Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton 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
$3,535,000
ML approach
$3,300,000
CAP Approach
CAP Return
Estimation
6%
$3,005,000
6.5%
$2,770,000
7%
$2,575,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,685,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,985,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$3.49M
Range $3.14M – $3.83M · ±10% · vs last sale $3.55M (Dec 7 2021)
Last sale anchor
$3.55M
Dec 7 2021
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
$205 / 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
$106,349
Tax year 2022
Assessed value
$3,361,500
Assessed 2023
Previous assessed
$3,361,500
+0.0% YoY
Effective rate
3.16%
On assessed value
Assessed land
$689,500
Assessed improvement
$2,672,000
Land market value
$689,500
Improvement market value
$2,672,000
Total market value
$3,361,500
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1997
Heating
NONE
Units
1
Total area
16,984 SF
Lot
1.97 ac (85,813 SF)
Zoning code
C-4
APN
05 00022-0000-00020
UPID
US59-0913793
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
C-4 · Clinton, NJ
Zoning C-4 · permitted uses
C-4 · Clinton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clinton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Units
1
Lot
1.97 ac
Current owner
From public records · entity-resolved
J&c Ventures 2021 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 100, FRENCHTOWN, NJ 08825-0100
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
$3,550,000
J&c Ventures 2021 LLC
Goldstar Properties LLC
Deed
—
Mar 18, 2005
$3,420,000
Goldstar Properties LLC
Century Dev LLC
Grant Deed
—
—
—
Goldstar Properties LLC
—
Deed Of Trust
related
$200,000 · Unity 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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