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Property profile & analytics
OFF-MARKET
Estimated value
$11,285,000
Industrial properties
594 Jersey Ave New Brunswick, NJ 08901-3569
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1920778
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
4.98 ac (216,929 SF)
Zoning code
I-2
APN
13 00598-0000-00009- 01
UPID
US59-1920778
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
-
Mommy's Best Friend II Child Care and Preschool Daycare Center
-
Milcasa - Smart Renovation Building Supply
-
New Brunswick Veterinarian Care Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.29M
Owner & transaction history
Re 594 Realty LLC · 1 yrs held
Re 594 Realty LLC
since 2025
Last sale
$12.0M
6 recorded transactions
Zoning & alternative use
I-2 · New Brunswick, 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 New Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Brunswick 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
$10,930,000
ML approach
$10,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.29M
Range $10.16M – $12.41M · ±10% · vs last sale $11.95M (Feb 6 2025)
Last sale anchor
$11.95M
Feb 6 2025
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
—
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
$169,252
Tax year 2022
Assessed value
$6,800,000
Assessed 2023
Previous assessed
$6,800,000
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$899,700
Assessed improvement
$5,900,300
Land market value
$899,700
Improvement market value
$5,900,300
Total market value
$6,800,000
Applied tax rate
13.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Units
1
Lot
4.98 ac (216,929 SF)
Zoning code
I-2
APN
13 00598-0000-00009- 01
UPID
US59-1920778
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
I-2 · New Brunswick, NJ
Zoning I-2 · permitted uses
I-2 · New Brunswick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Brunswick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
4.98 ac
Current owner
From public records · entity-resolved
Re 594 Realty LLC
Entity
Mailing address
594 JERSEY AVEB, NEW BRUNSWICK, NJ 08901-3569
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
—
Re 594 Realty LLC
—
Deed
related
$4,927,000 · Empire State Certified Development Corpo
Feb 6, 2025
$11,950,000
Re 594 Realty LLC
Vhf 594 LLC
Deed
$6,025,000 · Liberty Re Capital LLC
Sep 7, 2023
—
Vhf 594 LLC
—
Deed
related
—
Jun 21, 2021
$8,500,000
Acp Brothers LLC
Altman And Bussel LLC
Bargain And Sale Deed
$5,100,000 · Israel Discount Bank Of New York
Jun 21, 2021
—
Vhf 594 LLC
—
Deed
related
$2,550,000 · Israel Discount Bank Of New York
Jul 29, 2019
—
Altman & Bussel LLC
594 Jersey Ave Assocs LLC
Grant Deed
—
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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