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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Commercial real estate
54 Main St High Bridge, NJ 08829-1915
Individually Owned
Free & Clear
Property ID
US59-2032015
Property summary
AI-generated overview
This 7,400 square foot industrial property in High Bridge, NJ, offers a unique blend of warehouse and office space. The main warehouse area spans 3,350 square feet, complemented by a 1,725 square foot storage area and a 700 square foot office. A large loading/staging area is accessible via a main street drive-in and an additional 8x8' door on Center Street. The property boasts 400 AMP, 3-phase electric service. Situated on a 50' x 150' lot (Block 8, Lot 3), it's zoned Downtown Business (DB). Conveniently located in downtown High Bridge, near shops and restaurants, it's also blocks from the NYC train and a mile from Route 31 and I-78. The property includes a separate 1,519 square foot, three-bedroom house, suitable for residential rental or commercial use. 2024-2025 real estate taxes are $17,895. The asking price is $895,000 ($120.95/sq ft). There's potential to acquire an adjoining property. This versatile property is ideal for a variety of businesses.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Total area
6,216 SF
Lot
0.17 ac (7,500 SF)
Zoning code
DB
APN
14 00008-0000-00003
UPID
US59-2032015
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
Current use
Occupant on record · Public records
-
J & M Manufacturing Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$643k
Blend (final)
Blend
$595k
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
DB · High Bridge, 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 High Bridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High Bridge 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
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
$96 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,154
Tax year 2023
Assessed value
$445,000
Assessed 2024
Previous assessed
$445,000
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$63,200
Assessed improvement
$381,800
Land market value
$63,200
Improvement market value
$381,800
Total market value
$445,000
Applied tax rate
14.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
6,216 SF
Lot
0.17 ac (7,500 SF)
Zoning code
DB
APN
14 00008-0000-00003
UPID
US59-2032015
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
DB · High Bridge, NJ
Zoning DB · permitted uses
DB · High Bridge, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
High Bridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
NOT AVAILABLE FROM DATA SOURCE
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 43, HIGH BRIDGE, NJ 08829-0043
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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