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Property profile & analytics
OFF-MARKET
Estimated value
$3,715,000
Industrial properties
749 Clawson Ave Hillsborough, NJ 08844-3311
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US59-2010944
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1947
Construction
CONCRETE BLOCKS
Total area
24,835 SF
Lot
6.7 ac (291,721 SF)
Zoning code
I1
APN
10 00012-0000-00009
UPID
US59-2010944
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
$4.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.72M
Owner & transaction history
Knc Development LLC · 22 yrs held
Knc Development LLC
since 2004
7 recorded transactions
Zoning & alternative use
I1 · Hillsborough, 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 Hillsborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsborough 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%
$4,645,000
6.5%
$4,290,000
7%
$3,980,000
Blend value · Realmo final
$3.72M
Range $3.34M – $4.09M · ±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
$150 / 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
$35,989
Tax year 2022
Assessed value
$1,638,800
Assessed 2023
Previous assessed
$1,611,700
+1.7% YoY
Effective rate
2.20%
On assessed value
Assessed land
$602,100
Assessed improvement
$1,036,700
Land market value
$602,100
Improvement market value
$1,036,700
Total market value
$1,638,800
Applied tax rate
10.0000
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
Year built
1947
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
24,835 SF
Lot
6.7 ac (291,721 SF)
Zoning code
I1
APN
10 00012-0000-00009
UPID
US59-2010944
Jurisdiction
SOMERSET
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
I1 · Hillsborough, NJ
Zoning I1 · permitted uses
I1 · Hillsborough, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsborough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
6.7 ac
Current owner
From public records · entity-resolved
Knc Development LLC
Entity
Mailing address
749 CLAWSON AVE, HILLSBOROUGH, NJ 08844-3311
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2020
—
Kyle Conti Construction LLC
—
Deed
related
$3,250,000 · Magyar Bank
Oct 18, 2018
—
Kyle Conti
—
Deed
related
$500,000 · Magyar Bk
Sep 17, 2018
—
Knc Dev LLC
—
Deed
related
$5,500,000 · Magyar Bk
Jun 25, 2018
—
Knc Dev LLC
—
Deed
related
$5,000,000 · Magyar Bk
Jun 9, 2016
—
Knc Development LLC
—
Deed
related
$2,000,000 · Magyar Bk
Jan 7, 2004
$875,000
Knc Development LLC
Phoenix Family
Grant Deed
$656,000 · Unity Bank
Mar 9, 1998
$664,600
Phoenix Family Ltd Partnership
Kalpin,enterpris
Grant Deed
—
—
—
Knc Development LLC
—
Deed Of Trust
related
$740,000 · Unity Bank
—
—
Kyle Conti
—
Loan Modification
related
$500,000 · Magyar Bk
—
—
Knc Dev LLC
—
Deed Of Trust
related
$350,000 · Magyar Savings Bank
—
—
Knc Dev LLC
—
Loan Modification
related
$5,500,000 · Magyar Bk
—
—
Knc Dev LLC
—
Loan Modification
related
$5,000,000 · Magyar Bk
—
—
Knc Development LLC
—
Loan Modification
related
$2,000,000 · Magyar Bk
—
—
Knc Dev LLC
—
Loan Modification
related
$1,500,000 · Magyar Bk
—
—
Knc Dev LLC
—
Deed Of Trust
related
$1,500,000 · Sovereign 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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